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Snowcat [4.5K]
2 years ago
6

Optimization in Daily Life: Think about your favorite activity, hobbies or any kind of activity from your daily life. Find a pro

blem which can be modeled with optimization. Now, think about the formulation steps for this activity using optimization and answer the formulation step questions below. (Note that you do not need to write a mathematical model.)
1. What is the decision to make?
2. What is the objective criterion?
3. What are the constraints for the decision?
Business
1 answer:
Serggg [28]2 years ago
3 0

Answer:

I like to go to learn driving everyday. I love driving car and go to mountains. I have a dream to have my own car and then go for long drives near the sea coast.

Explanation:

1. The decision to make is to buy a car to fulfill the hobby.

2. The main objective is to enjoy the favorite activity and pleased by the beauty of mountains and sea.

3. The main constraints are financial constraint. Money is required to buy a car and then fulfill the dream.

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Why are debit cards not listed as money?
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3 years ago
The following information pertains to the West Division of Burger Company:
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Answer:

D) $4,550

Explanation:

Contribution margin = Net Sales - Total Variable cost

Net sales                             $6,000

Les: Variable costs:

Cost of merchandise sold  $1,000

Operating expenses          <u> $450  </u>

Contribution Margin            $4,550

All other costs are fixed cost which are not used in contribution margin calculation.

So the correct answer is D) $4,550.

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3 years ago
________ is characterized by a low degree of departmentalization, wide spans of control, authority centralized in a single perso
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Answer:

Simple Structure

Explanation:

Im pretty sure!

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3 years ago
Expenses to promote sales by displaying and advertising merchandise, make sales, and deliver goods to customers are known as:___
Elanso [62]

Answer:

C) Selling expenses.

Explanation:

All Costs  incurred to make sales are known as selling expenses. these expenses range from advertising to delivering the goods to the customer. Selling expenses are included in the profit and loss section of the Income statement.

3 0
3 years ago
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Which of the following statements are true regarding dividends? (You may select more than one answer. Single click the box with
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Answer:

The options that are true regarding dividends include:

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Explanation:

A stock dividend is a payment to shareholders that is made in shares rather than in cash.

Once investors receive stock dividends, the number of their shares will increase. this validates the first statement

Secondly, stock dividends have a tax advantage for the investor. The share dividend, like any stock share, is not taxed until the investor sells it unless the company offers the option of taking the dividend as cash or in stock.

The stock dividend has the advantage of rewarding shareholders without reducing the company's cash balance thereby indicating management's confidence in the company is well-being.

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3 years ago
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