The probability density function of a uniform random variable on the interval [0, 5] must be ____________________ for 0 ? x ? 5
Fill in the blank(s) with correct word
1/5
0.20
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The decision analysis, which uses incremental analysis to identify the relevant costs and revenues, consists of two steps
Indicate whether the statement is true or false
FedEx and UPS have different corporate cultures. Comment on how this affects their revenues and their brand image?
What will be an ideal response?
In an international draft, who is both the drawer and the payee?
a. The buyer b. The seller c. The buyer's bank d. The seller's bank
Tennair Corporation manufactures cooling system components. The company has gathered the following information about two of its customers: Evans Equipment and Rogers Refrigeration.?Evans EquipmentRogers RefrigerationSales revenue$215,000$154,000Cost of goods sold95,00068,000General selling costs30,00021,500General administrative costs21,00015,050Cost-driver data used by the firm and traceable to Evans and Rogers are:Customer ActivityCost DriverPool RateSales activitySales visits$900Order takingSales orders250Special handlingUnits handled30Special shippingShipments600???Customer ActivityEvans EquipmentRogers RefrigerationSales activity8 visits5 visitsOrder taking17 orders22 ordersSpecial handling600 units550 unitsSpecial shipping19 shipments30 shipmentsRequired: A. Perform a
customer profitability analysis for Tennair. Compute the gross margin and operating income on transactions related to Evans Equipment and Rogers Refrigeration.B. Compute gross margin as a percentage of sales revenue. Then compute (1) general selling and administrative costs as a percentage of gross margin and (2) total customer-related costs (i.e., costs that arise from sales visits, order taking, and special handling and shipping) as a percentage of gross margin.C. On the basis of your calculations, which of the two customers is "more costly" to deal with? Briefly explain. What will be an ideal response?