Which of the following is not a necessary constraint for a linear programming solution to identifying the optimal lockbox setup?
A) decision variables must be binary
B) if a mailing zone is assigned to a lockbox,the cost function must include the fixed cost for that lockbox
C) each mailing zone must be assigned to one lockbox
D) the total number of lockboxes in solution must not exceed 5
Correct Answer:
Verified
Q1: _ float is a measure which incorporates
Q2: Cash collection systems include:
A)Company processing centers
B)Lockbox systems
C)Preauthorized
Q3: _ lockbox systems will likely be phased
Q4: Fixed costs of collection systems include all
Q5: Each month,your company typically has $1,000,000 and
Q7: Collection float includes the following:
A)Dollar-day
B)Check processing float
C)Availability
Q8: Several independent banks operating under a contractual
Q9: Which of the following is the most
Q10: The number of site combinations evaluated by
Q11: _ float refers to the delay from
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