New products and services are mostly the sole responsibility of a single firm in the supply chain
Indicate whether the statement is true or false
a. True
b. False
ANSWER: False
In many cases, new products and services are not the sole responsibility of a single firm that serves as inventor, engineer, builder, marketer, and sales agent. Rather, they are often the product of a multi-company collaboration with multiple firms and business units playing unique roles in new-product development, testing, and launch activities, among others.
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In a network modeling problem, the linear programming decision variables are given by:
A) source node. B) sink node. C) network branches. D) network nodes.
When formulating a goal programming model, the decision maker uses decision variables similar to those used in regular linear or nonlinear programming models
a. True b. False