The profitability index is the ratio of the company's net income (or profits) to the initial outlay or

cost of a capital budgeting project.

Indicate whether the statement is true or false

FALSE

Business

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A feasible solution to an integer programming problem is ensured by rounding down non-integer solution values

Indicate whether this statement is true or false.

Business

________ improvement implies that the process has been studied and that some major improvement has resulted in large, nonrandom improvement to the process

A) Ongoing B) Progressive C) Successive D) Continuous E) Breakthrough

Business