If the auction of an IPO is oversubscribed, shares of the IPO are allocated pro-rata to all bidders
Indicate whether the statement is true or false.
Answer: TRUE
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All of the other constraints and priorities remained the same. Based on this snippet of the sensitivity report, what should happen during this production run?
William ran the original model in Excel and discovered that he was walking away from significant income. He reformulated the model with a new profit constraint of 16R + 24W + d2+ + d2- = 550. Final Reduced Objective Allowable Allowable Cell Name Value Cost Coefficient Increase Decrease $B$14 Rotgut 10 0 0 0 0 $C$14 White Lightning 15 0 0 0 0 $D$16 Hours d1+ 0 1 1 1E+30 1 $E$16 Hours d1- 7 0 0 1 0 $D$17 Profit d2+ 30 0 0 0 0 $E$17 Profit d2- 0 0 0 1E+30 0
Unpredictable movements in demand that follow no pattern are ________
Fill in the blank with correct word.