Examlex

Solved

According to the 100% Rule for Simultaneous Changes in Objective

question 49

True/False

According to the 100% rule for simultaneous changes in objective function coefficients, if the sum of the percentage changes exceeds 100%, the optimal solution definitely will change.


Definitions:

Retained Earnings

The portion of a company's net income that is not distributed as dividends to shareholders but retained for reinvestment in the business or to pay off debt.

Paid-In Capital

The amount of money that a company receives from shareholders in exchange for shares of stock, exceeding the par value of the shares.

Drawings

Withdrawal of cash or other assets from an unincorporated business for the personal use of the owner(s).

Authorized Shares

The maximum number of shares that a corporation is legally allowed to issue, as specified in its articles of incorporation.

Related Questions