Which of the following is a basic assumption of linear programming?
A) The condition of uncertainty exists.
B) Independence exists for the activities.
C) Proportionality exists in the objective function and constraints.
D) Divisibility does not exist, allowing only integer solutions.
E) Solutions or variables may take values from -? to +?.
C
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Which of the following statements pertaining to life policy assignment is NOT correct?
A) To secure a loan, the policy temporarily can be transferred to the lender as security for the loan. B) The life insurance company assumes no responsibility for the validity of an assignment. C) The policyowner must obtain approval from the insurance company before a policy can be assigned. D) The policyowner must notify the company in writing of any assignment."
In order to use factor analysis, it is important that the variables be appropriately measured on an ordinal or nominal scale
Indicate whether the statement is true or false