Answer:
Yes, Judy and Kristy do have an enforceable contract.
Explanation:
Kristy made a valid offer to Judy and Judy accepted.
In the offer letter, Kristy told Judy to "please respond to Bruce Townsend", but she did not specify that the only proper mode of acceptance was the response to Bruce. Since she did not specify that Judy could not respond directly to her, Judy's letter of acceptance to Kristy's offer is valid.
Operations managers can use the mathematical tool of linear programming to plan and make resource allocation decisions. Hence. option (c) will be the suitable response for this question.
<h3>Give a brief account on linear programming.</h3>
An approach to getting the optimal result in a mathematical model whose requirements are expressed by linear connections is linear programming, often known as linear optimization.
Specifically, linear programming is a technique for optimizing a linear objective function while observing the constraints of linear equality and inequality. Its feasible region consists of convex polytopes, a set that is defined as the intersection of a finite number of half spaces, each of which is determined by a linear inequality. A real-valued affine function that is defined on this polyhedron serves as its goal function. If there is a location in the polytope where this function has the least value, a linear programming technique locates it.
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Answer: $44.18
Explanation:
Given the following :
Cost of corned beef per pound = $5.49
Cost of pastrami per pound = $4.95
Pound of corned beef = 3.9 pounds
Pound of pastrami = 4.6 pounds
Therefore ;
Total cost = (cost per pound × number of pound)
Total Cost of corned beef = 3.9 × $5.49 = $21.411
Total cost of pastrami = 4.6 × $4.95 = $22.77
Total cost of corned beef and pastrami :
$21.411 + $22.77 = $44.181
$44.18
Answer:
a. Firm M probably has a higher dividend payout ratio than Firm N.
Explanation:
The dividend payout ratio is commonly referred to a portion of the net income of the company which is paid to the various shareholders in dividends. Therefore, if we consider the statements made in the question, Firm M has a higher annual net income while the annual net income of Firm N is fluctuating, we can conclude that the dividend payout ratio of Firm M is more than that of Firm N.
