Coupons are not a favorite promotion tool for use in:
A) the United Kingdom.
B) Belgium.
C) the United States.
D) Italy.
E) Malaysia.
E
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Assume that an assembly line has three tasks that must be completed (in order, A, B, C, and D). The tasks have processing times of 8, 12, 9, and 10 minutes per unit, respectively. If the assembly line operates for 500 minutes per day with a desired output of 50 units per day, what is the takt time?
a. 41.7 minutes per unit b. 10 minutes per unit c. 62.5 minutes per unit d. Cannot be determined from the information given
The probability for which a decision maker cannot choose between a certain amount and a lottery based on that probability is the
a. indifference probability. b. lottery probability. c. uncertain probability. d. utility probability.
Once you define your _________ financial goals, you can prepare a cash budget for the upcoming year
A) semi-annual B) short-term C) quarterly D) long-term
Prowse Corporation is an oil well service company that measures its output by the number of wells serviced. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes. Fixed Element per MonthVariable Element per Well ServicedRevenue $4,000Employee salaries and wages$43,800 $1,000Servicing materials $600Other expenses$38,200 A total of 42 wells were actually serviced during October. The total expenses in the flexible budget for October would have been closest to:
A. $149,200 B. $147,600 C. $130,029 D. $141,200