A feasible solution is __________ if there are no other feasible points with a better objective function value in the entire feasible region
a. infeasible
b. unbounded
c. nonlinear
d. a global optimum
d
RATIONALE: A feasible solution is a global optimum if there are no other feasible points with a better objective function value in the entire feasible region.
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With regard to the net present value (NPV) profiles of two projects, the crossover rate is best described as the discount rate at which:
a. two projects have the same NPV. b. two projects have the same internal rate of return. c. a project's NPV changes from positive to negative.
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Negative assertion involves neither agreeing nor disagreeing with the criticism
Indicate whether this statement is true or false.
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