What are the first four steps involved in the construction of a decision table?
1 . Identify each decision variable and its allowable values.
2 . Compute the number of decision variable combinations as the product of the number of values of each decision table.
3 . Construct a table with one more column than the number of decision variable combinations computed in step 2.
4 . Assign the decision variable with the fewest values to the first row of the table. Put the decision variable name in the first column. Divide the remaining columns into sets of columns for each decision variable value.
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Swap contracts are used to hedge
A. derivatives. B. foreign currency exposure. C. sales performance. D. covered positions.
The training manager at Lako Systems is measuring trainees' progress in the current program and plotting it on a learning curve. After steady progress, several trainees have reached a point where their progress has leveled off, showing a relatively flat line on the curve. These employees have reached a plateau. While the manager should keep an eye on it, chances are that these learners will experience a spontaneous recovery and learning will increase.
Answer the following statement true (T) or false (F)
The difference between a company's assets and its liabilities, or net assets is:
A. Expense. B. Net income. C. Equity. D. Revenue. E. Net loss.
Salsedo Corporation's balance sheet and income statement appear below:Comparative Balance Sheet Ending BalanceBeginning BalanceAssets: Cash and cash equivalents$31 $33 Accounts receivable 24 30 Inventory 53 47 Property, plant, and equipment 461 390 Less accumulated depreciation 306 256 Total assets$263 $244 Liabilities and stockholders' equity: Accounts payable$42 $49 Accrued liabilities 16 17 Income taxes payable 39 40 Bonds payable 75 90 Common stock 53 50 Retained earnings 38 (2)Total liabilities and stockholders' equity$263 $244 Income Statement?Sales$634Cost of goods sold400Gross margin234Selling and administrative expense174Net operating income60Gain on sale of equipment10Income before taxes70Income
taxes21Net income$49Cash dividends were $9. The company sold equipment for $15 that was originally purchased for $10 and that had accumulated depreciation of $5. It did not issue any bonds payable or repurchase any of its own common stock.The net cash provided by (used in) investing activities for the year was: A. $66 B. $(66) C. $15 D. $(81)