The simulation modeler must perform a pilot run in order to compare the performance of the model with the performance of the system being simulated
a. True
b. False
A
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Mini-Case Question. As the market for this product matures, Coller may need to rethink its pricing in order to optimize profits as the market growth slows
If the objective is to optimize profits, is it a good idea for Coller Inc to decrease the price by 10% in an attempt to increase market share to 6%? A) Yes, because sales revenues will increase by $16 million. B) Yes, because margin per unit will increase by $200. C) Yes, because gross profit will increase by $16 million. D) No, because gross profit will decrease by $16 million. E) No, because variable costs will increase by 10%.
Acme Global needed to hire 30 new advertising sales agents. The applicant pool consisted of 100 African American males and 100 White males. Of the 200 applicants, Acme Global hired 10 of the African American males and 20 of the White males. Is there evidence of disparate impact?
A. Yes, the African American selection rate of 20% is less than 80%, so the Four-Fifths Rule is not met. B. Yes, the African American selection rate of 5% is less than 16%, so the Four-Fifths Rule is not met. C. No, the African American selection rate of 20% is more than 5%, so the Four-Fifths Rule is met. D. No, the African American selection rate of 10% is less than 80%, so the Four-Fifths Rule is met.
The budgeted direct materials purchases is normally computed as the sum of (1 ) the materials for production and (2 ) the desired ending inventory
Indicate whether the statement is true or false
Assume a corporation issues 5,000 shares of $7 par common stock for a building with an unknown value. The corporation's stock is trading at $8.50 per share. What is the appropriate journal entry?
a. Common Stock is debited $35,000, Paid-in Capital in Excess of Par-Common Stock is debited $7,500 and Building is credited $42,500. b. Building is debited $35,000, Common Stock is credited $35,000. c. Building is debited $42,500, Common Stock is credited $35,000 and Paid-in Capital in Excess of Par-Common Stock is credited $7,500. d. Building is debited $42,500, Common Stock is credited $35,000 and Gain on Sale of Stock is credited $7,500 e. Building is debited $42,500, Common Stock is credited $35,000 and Accounts Payable is credited $7,500.