There Are Four Items (A, B, C, and D) That

question 79

Multiple Choice

There are four items (A, B, C, and D) that are to be shipped by truck. The weights of these are 3, 7, 4, and 5 tons, respectively, and the plane can carry 13 tons. The profits (in thousands of dollars) generated by these are 3 for A, 4 for B, 2 for C, and 5 for D. There are four units of each available for shipment. If this were to be solved as a dynamic programming problem, how many stages would there be?

• A) 1
• B) 2
• C) 3
• D) 4

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Definitions:

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Nominal Interest Rate

The stated interest rate of a loan or investment without adjusting for inflation.

Real Rate

The interest rate that has been adjusted for inflation, reflecting the true cost of borrowing or the true yield on an investment.

Prices Fall

A situation in the market where the cost of goods or services decreases due to various factors such as supply and demand.