Geoff hesitated as he read the fast food menu, unsure whether he should supersize his order of delicious golden French fries
Doing so would increase his cost from $0.99 to $1.59 and just might provide him the nutrition he needed to make it through the second half of his day at the office. Of course, if he finished his hamburger and the usual amount of fries, he would simply throw the extra ones away. However, if he failed to supersize his order, he would have to take a candy bar break mid-afternoon and they weren't exactly giving them away in the break room vending machines. He would likely need two candy bars, which sold for $0.95 each. What is Geoff's target service level?
A) 0.29
B) 0.61
C) 0.76
D) 0.87
Answer: C
You might also like to view...
Unrelated Business Income Tax is an excise tax, applied to the gross receipts of a business activity. Therefore allocations of expenses incurred in generating the income are irrelevant.
Answer the following statement true (T) or false (F)
A firm will set its dividend policy high enough so that it can continually meet the distribution level of the cash dividend in spite of variances in cash inflow from operations and in cash outflows for maintenance and investing
Indicate whether the statement is true or false.
Since 1993, the number of savings and loan associations has ________
A) held steady B) risen sharply C) risen slightly D) declined substantially
Amortization is:
A. The process of allocating the cost of natural resources to periods when they are consumed. B. The systematic allocation of the cost of an intangible asset to expense over its estimated useful life. C. The process of allocating to expense the cost of a plant asset to the accounting periods benefiting from its use. D. Also called depletion. E. An accelerated form of expensing an asset's cost.