The state variables of a restaurant change when a customer arrives, when an order is taken, and when the food is served. As such, the restaurant can be represented with a continuous simulation model
a. True
b. False
B
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Which of the following business practices does the Sherman Act of 1890 prohibit?
A) limiting production B) betting C) licensing trademarks D) direct investments
Poga International, a multinational beverage corporation identifies that one of its competitors is launching an apple flavored drink. The company decides to launch an apple flavor brand along with its competitor. What timing strategy is used here?
A) first entry B) blunt entry C) parallel entry D) late entry E) exchange entry
How much space will be left unused?
What will be an ideal response?
Which of the following statements is CORRECT?
A. As a rule, the optimal capital structure is found by determining the debt-equity mix that maximizes expected EPS. B. The optimal capital structure simultaneously maximizes EPS and minimizes the WACC. C. The optimal capital structure minimizes the cost of equity, which is a necessary condition for maximizing the stock price. D. The optimal capital structure simultaneously minimizes the cost of debt, the cost of equity, and the WACC. E. The optimal capital structure simultaneously maximizes the stock price and minimizes the WACC.