A company faces the following demands during the next four periods: 20, 10, 13 and 15 units. The unit production cost during each period is as follows: period 1: $10; period 2: 17; period 3: $15, period 4: $18. A holding cost at the rate of $2 per unit is assessed against each period’s ending inventory. At the beginning of period 1, the company has 3 units in the inventory. Because of the restriction of the warehouse, at the end of each period, there could be at most 5 units in inventory. a. Please have an LP model to minimize the total cost while meeting all demands on time.
b. Please solve the LP with Lindo, Excel or GUROBI.

The board of directors is the highest ranking body in a corporation, and the chairman of the board is the highest ranking individual. the ceo generally works under the board and its chairman, and the board generally has the authority to remove the ceo under certain conditions. the ceo, however, cannot remove the board, but he or she can endeavor to have the board voted out and a new board voted in should a conflict arise. it is possible for a person to simultaneously serve as ceo and chairman of the board, though many corporate control experts believe it is bad to vest both offices in the same person. true false

You have just received notification that you have won the $2.0 million first prize in the centennial lottery. however, the prize will be awarded on your 100th birthday (assuming you're around to collect), 66 years from now. what is the present value of your windfall if the appropriate discount rate is 8 percent?

What is the difference between total utility and marginal utility? a. marginal utility is subject to the law of diminishing marginal utility while total utility is not. b. total utility represents the consumer optimum while marginal utility gives the total utility per dollar spent on the last unit. c. total utility is the total amount of satisfaction derived from consuming a certain amount of a good while marginal utility is the additional satisfaction gained from consuming an additional unit of the good. d. marginal utility represents the consumer optimum while total utility gives the total utility per dollar spent on the last unit.