A store has determined that the weekly sales of a product is related to the number of customers who visit the store and the square feet of shelf space, x, according to the following equation: -20x2 - 10C2 + 40Cx + 120x - 200C + 600
C represents the hundreds of customers who visit their store. If a store averages 200 customers per week, how many square feet of shelf space is required to maximize sales?
Answer: 5 square feet
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If the discount (or interest) rate is positive, the present value of an expected series of payments will always exceed the future value of the same series.
Answer the following statement true (T) or false (F)
An importer in Germany requests a price quotation from a cotton broker in Memphis. The broker wishes to place the cotton in the hands of a multimodal terminal operator in Memphis for shipment through the port of New Orleans. He will pay the freight charges through to the German seaport, but he wishes the risk of loss to the cotton to pass to the German importer as soon as he places the cotton in
the hands of the multimodal terminal operator in Memphis. The broker should quote his prices for the cotton: A) CIF Germany. B) FOB New Orleans. C) CPT New Orleans. D) Ex Factory. E)None of the above.
Divide; round off monetary quotients to the nearest cent; round non-monetary quotients to four decimal places
a. $5.92 ÷ 0.25 b. $1,524.50 ÷ 310 c. 6.275 ÷ 13
Which of the following core competencies is part of an IS personnel's systems knowledge and skills?
A) hardware platforms B) virtualization C) information gathering and analysis D) cabling and network interface cards E) application software