The approach to decision making that identifies candidates with the highest scores based on quantitative predictors is the

A. personal judgment approach.
B. quantitative approach.
C. objective approach.
D. statistical approach.


Answer: D

Business

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Why is confirmation at the “heart of dialogue?”

What will be an ideal response?

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Refer to Table 6-1. Using the exponential smoothing model with an ? of 0.2 and a smoothed

forecast for period 1 of 350, what is the forecast for period 2? A) 349 B) 355 C) 369 D) 385 E) 402

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Patch Corporation purchased land from Sub1 Corporation for $350,000 on December 3, 20X5. This purchase followed a series of transactions between Patch-controlled subsidiaries. On January 23, 20X5, Sub3 Corporation purchased the land from a nonaffiliate for $240,000. It sold the land to Sub2 Company for $220,000 on July 15, 20X5, and Sub2 sold the land to Sub1 for $305,000 on September 5, 20X5. Patch has control of the following companies:   Subsidiary Level of Ownership20X5 Net Income Sub3  60 percent  $60,000  Sub2  90 percent  $140,000  Sub1  70 percent  $90,000  Patch reported income from its separate operations of $345,000 for 20X5.Based on the preceding information, what amount of gain or loss on the sale of land should be reported in the consolidated income

statement for 20X5? A. $110,000 gain B. $130,000 gain C. $0 D. $20,000 loss

Business

An initial simplex tableau is shown below.



a. What variables form the basis?
b. What are the current values of the decision variables?
c. What is the current value of the objective function?
d. Which variable will be made positive next, and what will its value be?
e. Which variable that is currently positive will become 0?
f. What value will the objective function have next?

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