A Linear Programming Application Used to Measure the Relative Efficiency

question 14

Multiple Choice

A linear programming application used to measure the relative efficiency of operating units with the same goals and objectives is

• A)game theory.
• B)asset allocation.
• C)data envelopment analysis.
• D)revenue management.

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Definitions:

Fair Market Value

The price at which an asset would be exchanged between a willing buyer and seller in an arm's length transaction.

White Knight

A friendly investor or company that acquires a corporation at fair consideration, often to rescue it from a hostile takeover.

Takeover

A corporate action where one company acquires control over another company, either through a direct purchase of its shares or by agreement.

Board of Directors

A group of individuals elected by shareholders to oversee the management and direct the affairs of a corporation.