The lambda value ( ) in Huff's law is used to _____

a. reflect the purpose of the trip and the type of good/service sought
b. measure sales tax differentials between adjacent counties
c. study actual and perceived travel times
d. measure road conditions


a

Business

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Which of the following is TRUE of data processing and storage in a computerized information system?

A) In a computerized accounting information system, processing includes manually journalizing transactions and posting to the accounts. B) In a computerized accounting information system, there will be a main centralized computer where data is stored, which cannot be accessed from any other computers. C) In both computerized and manual systems, all data are contained in paper documents and are often stored in filing cabinets and off-site document warehouses. D) In a computerized accounting information system, companies are spending increasingly large amounts of cash to ensure that their data and information are secure.

Business

State why sales forecasts are important and Identify the sales forecasting methods outlined in the text.

What will be an ideal response?

Business

Which of the following is a location analysis technique typically employed by a manufacturing organization?

A) transportation method B) queuing theory C) correlation analysis and traffic counts D) simulation E) demographic analysis

Business

The bullwhip effect results in greater demand variability at the ________ end of the supply chain and lesser demand variability at the ________ end of the supply chain

Fill in the blanks with correct word

Business