A scheduling system for a service organization that minimizes customer or client waiting time while maximizing the labor and capacity utilization of the service system by designating specific times for clients to arrive is a(n) ______.

a. reservation system
b. prioritization system
c. appointment system
d. capacity utilization system


c. appointment system

Business

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Actually counting the goods on hand at the end of the accounting period and determining the cost of these goods by reviewing the accounting records is called

a. the cost of goods sold. b. the physical inventory. c. freight-in. d. accumulated depreciation.

Business

Retailing offers entrepreneurial opportunities.

Answer the following statement true (T) or false (F)

Business

The ________ of a random variable is computed by multiplying each possible value of the variable by its probability and summing these products

Fill in the blank with correct word.

Business

The fact that Dennis Kozlowski was not convicted in his first jury trial shows that he did nothing unethical

Indicate whether the statement is true or false

Business