Which Statement Best Describes Time Lines

question 9

Multiple Choice

Which statement best describes time lines?

• A)A time line is not meaningful unless all cash flows occur annually.
• B)Time lines are useful for visualizing complex problems prior to doing actual calculations.
• C)Time lines cannot be constructed to deal with situations where some of the cash flows occur annually but others occur quarterly.
• D)Time lines can be constructed only for annuities where the payments occur at the ends of the periods, i.e., for ordinary annuities.

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Definitions:

Optimal Solution

The most efficient and effective answer to a problem, maximizing or minimizing the desired variables within constraints.

Supply Unused

Resources or products that have not been consumed or utilized within a given period, often leading to inefficiencies or increased costs.

Degeneracy

An occurrence in transportation models in which too few squares or shipping routes are being used, so that tracing a closed path for each unused square becomes impossible.