Define dual price
What will be an ideal response?
The dual price for a constraint is the improvement in the objective function value that results from a one-unit increase in the right-hand side of the constraint.
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The World Bank can only make a loan if there is a reasonable expectation that it will be repaid
Indicate whether the statement is true or false
Which of the following, if true, strengthens the argument for the shift to a just-in-time inventory system?
A) Clean Sweep's storage and handling costs are significant. B) Clean Sweep's suppliers have not adopted just-in-time systems. C) The current system requires higher inventory levels during the summer than in the winter. D) Demand for Sparkle varies depending on the promotional strategies of Clean Sweep's retail partners. E) Sparkle comes in many varieties, none of which is more popular than the leading brand.