Problem 1 The R& D division of the Progressive company has been developing 4 possible product lines. Management must make a decision on which of the 4 products will be produced and at what levels to maximize the profit. The start-up cost and marginal revenue for each product is given in the following table: Product 1 2 3 4 Start-up cost $50,000 $40,000 $70,000 $60,000 Marginal revenue $ 70 $ 60 $ 90 $ 80 Let continuous variables r1, x2, 13, X4 be the production levels of product 1,2,3 and 4, respec- tively, and let binary variables Y1, Y2, Y3; Y4 Control whether or not each product is produced at all. Suppose the manager has imposed the following constraints: • No more than two types of the products can be produced. • If neither product 1 nor product 2 is produced, then neither product 3 nor product 4 can be produced. • Either 5x1 + 3.x2 + 6x3 + 4x4 < 6000 or 4x1+ 6x2 + 3x3+ 5x4 < 6000. 1. Formulate an integer programming model for the problem. 2. Solve this model in Excel or Python.

When Amy helps to ensure fair and equitable treatment for her employees regardless of their personal background or circumstances, she is performing a(n) ________.   Question 16 options:   1)  strategic role.   2)  tactical role.   3)  administrative role.   4)  employee advocate role.

C. Identify the Form of Business Organization being described. (a 1. Form of business organization with unlimited lives and the death or withdrawal of an owner does not affect its existence. 2. The establishment is generally an easy and inexpensive process. _3. The most important characteristic of this form of organization is always limited liability. 4. It involves a contractual agreement between all the partners that set the terms and conditions of their business relationship, including the distribution of ownership, responsibilities, and profits and losses. 5. This form of business organization generally enjoys fewer options to raise capital.

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