A goal programming problem had two goals (with no priorities assigned). Goal number 1 was to achieve a profit of $2,400 and goal number 2 was to have no idle time for workers in the factory
The optimal solution to this problem resulted in a profit of $2,300 and no idle time. What was the value for the objective function for this goal programming problem?
A) 2300
B) 100
C) -100
D) 0
E) None of the above
B
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A corporation is an organization
A) with owners assuming personal liability for business losses. B) that joins two or more people together as co-owners. C) that is an "artificial being" created by individual state laws. D) that gives stockholders control of everyday management decisions. E) that does not sell stock to raise capital.
Which of the following capital budgeting techniques does not routinely rely on the assumption that all cash flows occur at the end of the period?
a. internal rate of return b. net present value c. profitability index d. payback period