A distribution of service times at a waiting line shows that service takes 6 minutes 30 percent of the time, 7 minutes 40 percent of the time, 8 minutes 20 percent of the time, and 9 minutes 10 percent of the time
This distribution has been prepared for Monte Carlo analysis. The first two random numbers drawn are 53 and 74. The simulated service times are ________ minutes, then ________ minutes.
A) 6; 7
B) 7; 7
C) 7; 8
D) 8; 9
E) Cannot determine because no service time probability is that large.
C
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What should be done before responding to comments made on social media sites?
A) Use an automated reputation analysis to better gauge consumer reaction. B) Respond based on a predetermined public relations plan. C) Evaluate the source, the tone and the content, and then choose a response that fits. D) Use anonymous responses to counteract the negative information, and then post a company response that supports the anonymous response. E) Contact the writer privately to determine the real source of discontent, and then post an appropriate response.
Are leaders born or made?
What will be an ideal response?
Most British publications, _______________ replace the double quotation marks used in U.S. publications
a. asterisks b. double slashes // c. double greater than/lesser than symbols << >> d. single quotation marks
Which of the following statements is true regarding ratio analysis?
A) A ratio for a particular company is often compared to industry standards using various publications. B) Ratio analysis should be kept as simple as possible, which is often accomplished by using just one ratio to measure a company's performance. C) A ratio for a particular company is unique and, therefore, should not be compared to other companies' ratios. D) Ratio analysis will not be affected by different accounting methods or assumptions.