In the simplex procedure, if cj - zj = 0 for a non-basic variable, this indicates that:
A) the solution is infeasible.
B) the solution is unbounded.
C) there are multiple optimal solutions.
D) the formulation is incorrect.
Answer: C
Business
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Which of the following will cause the yield (interest rate) of a corporate bond to increase (all else same)?
a) a deterioration in the company's credit worthiness b) an improvement in the company's creditworthiness c) an increase in the yield of a US Treasury bond of similar maturity d) a decrease in the yield of a US Treasury bond of similar maturity
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Copra, a manufacturer of cigarettes, conducts a survey before launching its new range of herbal cigarettes. What is the basic purpose of undertaking such a survey by Copra?
What will be an ideal response?
Business