With respect to e-procurement, which of the two types of e-hubs are Web sites organized around?

A) vertical and horizontal hubs
B) vertical and functional hubs
C) functional hubs and organizational hubs
D) supplier and user hubs
E) manufacturer and supplier hubs

B

Business

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If demand is highly responsive to a change in price, we say the demand is ________

A) variable B) inelastic C) value-based D) elastic E) fixed

Business

Based on the variable cells sensitivity report, what conclusion is best?

Final Reduced Objective Allowable Allowable Cell Name Value Cost Coefficient Increase Decrease $B$2 Bar 12 0 1500 1560 1E+30 $C$2 Cuisine 12 0 5000 1660 1E+30 $D$2 Excursion 24.24 0 17000 1E+30 3458.333333 A) The value of Excursion can be infinite, since 1E+30 is 10 to the 30th power. B) The values of Bar, Cuisine, and Excursion are all equal to zero. C) The values of Bar and Cuisine can be negative since they have allowable decreases of 1E+30. D) The optimal value for the objective function is $490,080

Business