Net present value (NPV) assumes that intermediate cash inflows are reinvested at the cost of capital, whereas internal rate of return (IRR) assumes that intermediate cash inflows can be reinvested at a rate equal to the project's IRR

A ____ corporate strategy means the firm will expand by adding new product lines

Fill in the blank(s) with the appropriate word(s).

In the M/M/1 waiting line model with an arrival rate of 2 per hour and a service rate of 6 per hour, the utilization factor for the system is approximately 0.333

Indicate whether the statement is true or false