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Author Question: Fred's Pizza's building is valued at 154,000 . To satisfy the 80 coinsurance provision of his fire ... (Read 111 times)

Evvie72

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on: Jun 24, 2018
Fred's Pizza's building is valued at 154,000 . To satisfy the 80 coinsurance provision of his fire insurance policy, for how much should Fred insure his building?
 a. 132,500
 
  b. 154,000
 
  c. 160,100
 
  d. 123,200

Question 2

In some cases, a linear programming problem can be formulated such that the objective can become infinitely large (for a maximization problem) or infinitely small (for a minimization problem). This type of problem is said to be:
 a. infeasible
  b. inconsistent
  c. unbounded
  d. redundant


ergserg

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Reply #1 on: Jun 24, 2018
Answer to Question 1

d

Answer to Question 2

c


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