Theme parks cleverly design their waiting areas to do which of the following?
a. Make the wait look as long as it is so they aren't disappointed
b. Find ways to give the customers the impression of constant progress
c. Keep the waiting area distraction free so people keep moving in line
d. Post clocks everywhere so people know how long they have been in line
e. Offer customers additional services while they wait
b
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Which of the following is NOT a change in accounting principle?
a. A change from FIFO to LIFO for inventory valuation b. A change from eight years to five years in the useful life of a depreciable asset c. A change from completed-contracts to percentage-of-completion d. A change from double-declining-balance to straight-line depreciation
The weight of an object, measured to the nearest gram, is an example of a _____ random variable.
A. continuous B. discrete C. nominal D. mixed type
A ________ is a facility for the receipt, storage, and redistribution of goods to company stores.
A. supply chain hub B. circulation center C. distribution center D. floor-ready franchising center E. collaborative replenishment office
An expansionist capacity strategy minimizes the risks of overexpansion due to overly optimistic demand forecasts
Indicate whether the statement is true or false