A firm has estimated that it will need $3,000,000 net cash during the year. Current interest rate on money market securities is 6 percent per year and the cost of buying and selling securities cost $50 per transaction. What is the optimal transaction size of securities?

Variable compensation is common in jobs where the selling task is technically complex and requires teamwork

Indicate whether the statement is true or false

In a multi-period production scheduling application, the objective function is to:

A) minimize production and inventory costs B) minimize demand over the production horizon C) maximize capacity over the production horizon D) minimize capacity over the production horizon E) maximize inventory