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velikii [3]
3 years ago
12

The assumption that is necessary for a linear programming model to be appropriate and that ensures that the value of the objecti

ve function and the total resources used can be found by summing the objective function contribution and the resources used for all decision variables is known as
a. additivity.
b. divisibility.
c. negativity.
d. proportionality.
Business
2 answers:
vitfil [10]3 years ago
7 0

Answer:

Additivity.

Explanation:

Linear programming is defined as a process by which optimisation of a system of linear contraints and a linear objective function occurs.

Linear programming is based on four assumptions: additivity, certainty, proportionality, and divisibility.

Additivity assumption of linear programming states that the total profit of a linear function is made up of summation of profit of each product seperately. In a similar way the total resources used can be found by summing the objective function contribution and the resources used for all decision variables.

Elan Coil [88]3 years ago
5 0

Answer:

A. Additivity

Explanation:

Additivity simply means that the values of an objective function and total resources used can be found by adding all the contributions made by the objective functions and the decision variables of all resources used. That is, it assumes that the overall of an objective function is found by adding the contribution of each objective function to the overall. In additivity, interaction between variables doesnt exist.

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Public choice is a field of study that:
irinina [24]

Answer:

a. Uses economic tools to examine political behavior.

Explanation:

Public choice is a field that uses economics to analyze and understand situations related to the political science like behavior, for example, the analysis of voters' behavior using decision theory. According to this, the answer is that public choice is a field of study that uses economic tools to examine political behavioral.

The other options are not right because population growth and consumption chooices are not related to political science and public choice uses economic tool not mathematics and statistics.

5 0
3 years ago
The ______ is a theoretical model that explains and predicts what resource attributes underpin competitive advantage. It identif
kompoz [17]

The <u>VRIO</u><u> </u><u>framework</u> is a theoretical model that explains and predicts what resource attributes underpin competitive advantage. It identifies which types of resources are key to firm performance.

<h3>What is a VRIO framework?</h3>

VRIO is a business analysis framework that forms part of a firm's larger strategic scheme. The basic strategic process that any firm begins with a vision statement, and continues on through objectives, internal & external analysis, strategic choices, and strategic implementation.

Therefore, the correct answer is as given above.

learn more about VRIO framework: brainly.com/question/26286846

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8 0
2 years ago
Fran’s Crazy Salts has just been bought by Allspice. Employees are unsure of what that will mean for their jobs, as Allspice alr
Vaselesa [24]

Answer:

Option d is correct.

<u>Adapting to mergers</u>

Explanation:

The change agent has the activity close by to ingrain trust in the workforce by coming up unmistakably on the organisation's approach for the current workforce ( of past organisation) so they can make certain about their future with the organisation and decide their future strategy. Adapting to mergers is the correct choice as the change specialist needs to prepare the workforce work and submitted as ahead of schedule as could reasonably be expected.

8 0
3 years ago
If the economy is operating at a point inside the frontier, it is likely: ​
Luden [163]

Answer:

Resources are not effectively utilised

Explanation:

Production possibility frontier (PPF) represents the resources a society can use. If the resources are utilised effectively the economy will operate outside the frontiers. Similarly, if the economy is not utilising the resources efficiently the economy will operate under frontier. This generally happens in recession and depression. In the state of recession and depression, society is unable to use all the resources which lead to low production and output.

7 0
3 years ago
Anything that serves as a medium of exchange is called what? 2. What is anything that is used to determine value during the exch
cluponka [151]

Answer:

money

money

price

unit of account

store of value

medium of exchange, unit of account, store of value

currency

it does not consume after a single-use it last through time

portability: it can be carry over at small cost it do not has to be carry in greater bulks

divisibility: it can be split into pieces (half a pound, quarter etc)

uniformity: means a pound of gold has not diffenciation of other pounds of gold

limited supply: it cannot be abundant as people would not accept as a medium of exchange as it can be obtained easily

acceptability: people trade real good and services for money as they recognize value on them

commodity money will be salt, gold, silver, tabacco whihc, historically has been used as money

representative money: the money represent or it is backed-up with a commodity or precious metal (US dollar before 1972)

fiat money will be papper money as it doesn't have an intrinsic value It comes from trust in the government that issues the money.

continentals is the papper money issued by the congress during the war for independence

Types of commodity money:  gold, silver, tabacco, salt

Explanation:

3 0
3 years ago
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