Let: rj = regular production quantity for period j, oj =overtime production quantity in period j, ij = inventory quantity in period j, and dj = demand quantity in period j. Correct formulation of the demand constraint for a multiperiod scheduling problem

The rate of return on investment may be computed by multiplying investment turnover by the profit margin

Indicate whether the statement is true or false

Teller Company has designed a caller ID machine with a large screen that can be seen easily from across the room. The Sales Department believes that this product can be sold for $30 each. Teller requires that all new products yield 15% profit. What is the target cost of the new product?

A) $25.50 B) $4.50 C) $30 D) $26 E) $28.50