In waiting line systems, a ______ level of service means ______ waiting time costs because of reductions in customer dissatisfaction.

A. low; lower
B. high; lower
C. high; higher
D. low; higher


B. high; lower

Business

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Toward the end of the fiscal year, the owner of a small company came back from lunch concerned because he had learned that a business targeted to the same customers as his was planning on spending $150,000 on promotion

As soon as he arrived at the office, he called his financial manager and said, "I want to budget $150,000 for next year's promotion." Which method of promotional budgeting did the owner want to use? A) the objective-task method B) the percentage-of-sales method C) the competitive-parity method D) the bottom-up method E) the pull-push method

Business

A company's inventory records report the following in November of the current year:   BeginningNovember 15 units @ $20PurchaseNovember 210 units @ $22PurchaseNovember 126 units @ $25 On November 8, it sold 12 units for $54 each. Using the perpetual LIFO inventory method, what was the amount recorded in the cost of goods sold account for the 12 units sold?

A. $210 B. $282 C. $254 D. $188 E. $260

Business

Inventory is more attractive than accounts receivable as a short-term collateral since it normally has a market value greater than its book value, which is used to establish its value as collateral

Indicate whether the statement is true or false

Business

Which of the following functional dependencies does not exist in the table FLIGHT?

A) FlightID --> NoOfPassengers B) FlightID --> Origin C) FlightID --> Destination D) FlightID, Date --> NoOfPassengers

Business