Which of the following must be satisfied in a nonlinear programming model?
a. The objective function must be nonlinear.
b. The constraints must be nonlinear equations.
c. Either a or b
d. Neither a nor b
C
Business
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Bellingham Suit Co. has received a shipment of suits that cost $200 each. If the company uses cost-plus pricing and applies a markup percentage of 60%, what is the sales price per suit?
a) $320 b) $500 c) $333 d) $280
Business
One way to be tactful when giving your reasons for bad news is to
A) explain why the decision is good for you and your company. B) focus on facts and imply the bad news. C) explain that the decision is based on company policy. D) apologize for having to be the bearer of bad news. E) explain how hard the decision was to make.
Business