Obtains if a merger results in improvements in any business function, including: (i) management; (vii) labor costs; (ii) production or distribution; etc

All federal judges are appointed by the President, subject to approval by the House of Representatives

a. True b. False

A maximization objective function could be used by the modeler in any of the following situations except:

a. When trying to optimize profit. b. When trying to reach production levels. c. When trying to improve customer satisfaction. d. When trying to optimize cost.