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3 years ago

The primary benefit of a MINIMAX objective function is

Business

1 answer:

sladkih [1.3K]3 years ago

4 0

Answer:

The correct answer is letter "C": it yields a larger variety of solutions than generally available using an LP method.

Explanation:

In Goal Programming (GP), the MINIMAX objective aims to minimize the maximum deviation from any type of objective. This approach carries a larger number of solutions compared to the Linear Programming (LP) method which mainly focuses on assigning more weight to each goal in the objective function.

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Craigburg has a working age population of 20 million. Of those, 11 million are employed and 1 million are unemployed. The unempl

sveta [45]

Answer:

8.3% - 60%

Explanation:

Unemployment rate is the total of unemployed divided by the total workforce. As the question says, there is 1 million of unemployed and the people able to work is 12 million (1 million unemployed plus 11 employed). So the unemployment rate is 1/12... which is 8.3%

The participation rate is the employed plus the people that have no job but are actively seeking for a job, divided by the population that is in working age. The people who has no job, is in working age and available to work and is actively looking for work is the unemployed (ILO definition of unemployment). So we have 1 million plus the 11 million of employed, we have a total of 12 million. So the participation rate is 12/20... which gives us 60%

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3 years ago

Miltmar Corporation will pay a year-end dividend of $3, and dividends thereafter are expected to grow at a constant rate of 5% p

motikmotik

Part a: The market capitalization rate is 9.25%

Part b: The intrinsic value of the stock is $70.59

Market capitalization rate is another name for the stock's required rate of return. It is called the market capitalization rate because we can infer it by observing the market value of the stock. One way to find this rate is the capital asset pricing model (CAPM).

Part a:

Let,

r = market capitalization rate

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m = return on the market = 10%

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$r=f+\beta *(m-f)\\ r=0.05+0.85*(0.1-0.05)\\ r=9.25\%\\$

The market capitalization rate is 9.25%.

Part b:

Let,

D be the dividend expected = $3

r be the interest rate = 9.25%

g = growth rate of dividends = 5%

The price is given by the dividend growth model:

$Price=\frac{D}{r-g}\\ Price=\frac{3}{0.0925-0.05}\\ Price=\$70.59\\$

The intrinsic value of the stock is $70.59

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Simple and avoidable errors are made in hospitals each day, causing patients to die. Inspired by two tragic medical mistakes-his

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The functions of organizational culture include facilitating collective environment and giving members a sense of identity.

<h3>What is organizational culture?</h3>

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According to Feigenbaum approach, the steps to improve quality include quality technology, quality leadership, and organizational commitment.

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The characteristics of quality customer service in the above hospital include:

A positive attitude.

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