1) Management Science Process : Observation > Problem Definition > Solution > Model construction > Implementation a) True b) False 2) (...................)is total fixed cost plus total variable cost a) Optimal Cost b) Constraint Cost c) Total cost d) fixed cost 3) What kind of model is this " relaxed solutions are rounded up, and upper and lower bound are reversed" a) Maximization model b) Minimization model 4) (.......................)(Cv) is the number of units produced or sold a) Constraint cost b) fixed cost c) Total cost d) Variable cost

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