Non-metric MDS procedures assume that the input data are ordinal, and they result in ordinal output

Indicate whether the statement is true or false


FALSE

Business

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What has been the major shift in information flow within the changing marketing and public relations landscape? What are the implications of this shift for traditional marketers?

What will be an ideal response?

Business

XYZ is a paint product manufacturer, and one of the plants is experiencing a substantial increase in demand. The future demand for the products could be low, medium, or high, with probabilities estimated to be 25%, 50%, and 30%, respectively. The company wants to determine the financial impact associated with the three decision alternatives under the varying levels of demand. Given the following payoff matrix, determine which option has the lowest expected regret. The company should ______.



A. subcontract additional facility
B. build a new plant
C. do nothing
D. choose a new alternative

Business

Clara's Clothing Store had accounts receivable of $53,261.98 and credit sales of $1,620,052. Calculate the average collection period. (Round to the nearest day)

A) 16 days B) 12 days C) 18 days D) 14 days

Business

Frocks and Gowns, Incorporated, has two divisions, Day Wear and Night Wear. The Day Wear Division has an investment base of $750,000 and produces and sells 100,000 units of Collars at a market price of $10.00 per unit. Variable costs for the Collars total $3.50 per unit and fixed charges are $4.00 per unit (based on a capacity of 120,000 units). The Night Wear Division wants to purchase 25,000 units of Collars from the Day Wear Division. However, the Night Wear Division is only willing to pay $6.75 per unit.What is the contribution margin for the Day Wear Division without the transfer to the Night Wear Division?

A. $1,000,000. B. $650,000. C. $675,000. D. $250,000.

Business