Monte Carlo sampling differs from Latin Hypercube sampling in that Monte Carlo sampling ________
A) divides each assumption's probability distribution into intervals of equal probability and generates an assumption value randomly within each interval
B) results in a more even distribution of forecast values than Latin Hypercube sampling because it samples the entire range of the distribution in a more consistent manner, thus achieving more accurate forecast statistics
C) selects random variates independently over the entire range of possible values
D) is a part of the Crystal Ball suite
C
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A(n) ________ strategy offers the customer the opportunity to purchase each of the items separately at a sale price or bundled with an additional level of savings
A) pure product bundling B) impure product bundling C) mixed bundling D) horizontal brand extension E) vertical brand extension
The IRR of the project would be ________.
Beam Cable Company is considering investing $450,000 in telecommunications equipment that has an estimated life of four years with no residual value. The cash inflows are as shown below:
A) between 12% and 13%
B) more than 13%
C) less than 10%
D) between 9% and 10%
The spread of consumerism has placed ________ on multinational corporations to ________
A) a mantle; preserve the environment B) new initiatives; think locally C) fresh pressures; act ethically D) massive demands; expand production
“Identifying key agency politics and priorities and/or external issues and trends likely to affect the work unit” is which of the management functions?
a. External awareness b. Interpretation c. Representation d. Coordination