1. ---- is the ability to express your feelings‚ opinions‚ beliefs and wants directly‚ openly and honestly‚ while not violating the personal rights of others (assertiveness) 2. --- people are motivated by personal rights and willingly confront others who are abusing their rights (assertive) 3. “You failed the exam because you didn’t think it was important to study‚” is an example of analyzing and interpreting (True) 4. “you never listen to the rest of us.” This statement made in a meeting is most
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• Question 1 10 out of 10 points Which of the following statements about purchasing enterprise system packages is false? Answer Selected Answer: ERP systems typically involve a lot of custom interfaces to legacy systems. • Question 2 10 out of 10 points Which criterion should a firm consider when evaluating candidate software packages? Answer Selected Answer: all of the above • Question 3 10 out of 10 points Which of the following is a factor
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Julia’s Food Booth MAT 540: Quantiative Methods Professor Paul Hollandsworth February 28‚ 2013 Julia’s Food Booth * (A) Formulate and solve an L.P. model for this case. * Please see attached excel file. * (B) Evaluate the prospect of borrowing money before the first game. * Julia does not need to borrow money if she does not want to. She can still make over $1000 profit without it. However‚ She will not be able to hire help and stay above $1000. If she was to decide to
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1. Deterministic techniques assume that no uncertainty exists in model parameters. 2. A continuous random variable may assume only integer values within a given interval. 3. A joint probability is the probability that two or more events that are mutually exclusive can occur simultaneously. 4. A decision tree is a diagram consisting of circles decision nodes‚ square probability nodes‚ and branches 5. Starting conditions have no impact on the validity of a simulation model. 6. A table of random
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MAT540046VA016-1132-001 Quantitative Methods Review Test Submission: Midterm Exam Menu Management Options Expand All Collapse All MAT540046VA016-1132-001 (Quantitative Methods) Course Home Student Center Announcements Email Gradebook Class Introductions Week 1 Week 2 Week 3 Week 4 Week 5 Week 6 Review Test Submission: Midterm Exam Content User | | Course | Quantitative Methods | Test | Midterm Exam | Started | 2/9/13 10:35 PM | Submitted | 2/11/13 5:07 PM
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Mat 540 Quiz 3 Question 1 .2 out of 2 points Correct The following inequality represents a resource constraint for a maximization problem: X + Y ≥ 20 Answer Selected Answer: False Correct Answer: False Question 2 .2 out of 2 points Correct Graphical solutions to linear programming problems have an infinite number of possible objective function lines. Answer Selected Answer: True Correct Answer: True Question 3 .2 out of 2 points Correct Surplus variables are only associated
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• Question 1 5 out of 5 points Deterministic techniques assume that no uncertainty exists in model parameters. Answer Selected Answer: True Correct Answer: True • Question 2 5 out of 5 points An inspector correctly identifies defective products 90% of the time. For the next 10 products‚ the probability that he makes fewer than 2 incorrect inspections is 0.736. Answer Selected Answer: True Correct Answer: True • Question 3 5 out of 5 points
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Julia’s Food Booth Based on the LP model to maximize profit with the established constraints Julia should sell pizza and hotdogs and not BBQ sandwiches. Based on this model Julia will earn $2250.00 in profit. After buying food supplies for the next game she will have $750 remaining ($2250-1500). Julia’s goal was to clear $1000 in profit which she was not able to meet. It is not clear how Julia is paying for the booth rental each game‚ but assuming she is covering the costs with her profits from
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Question 1 2 out of 2 points | | | If variable costs increase‚ but price and fixed costs are held constant‚ the break even point will decrease. Answer | | | | | Selected Answer: | False | Correct Answer: | False | | | | | Question 2 2 out of 2 points | | | In general‚ an increase in price increases the break even point if all costs are held constant. Answer | | | | | Selected Answer: | False | Correct Answer: | False | | | | | Question
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ANSWERS 1. Consider the trade-story as if it describes two separate trades‚ where: In the first trade‚ the man buys something for $60 and sells it again for $70‚ so he makes a profit of $10. In the second trade‚ the man buys something for $80 and sells it again for $90‚ so he makes again a profit of $10. Conclusion: The man makes an overall profit of $10 + $10 = $20. You can also look at the problem as follows: The total expenses are $60 + $80 = $140 and the total earnings are $70 + $90 = $160
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