Explain the use of a lookup table and provide a couple of examples
What will be an ideal response?
A look up table is a table that stores values to help insure consistency in data entry. A table listing all the states would be an example, or one listing all sale regions.
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What is the formula the textbook uses to help explain the cause of rumors in modern organizations?
A. ambiguity = rumors × interest B. interest = rumors × ambiguity C. rumors = ambiguity × interest D. grapevine = rumors × ambiguity
Retail franchisees generally have a large degree of latitude in the operation of their businesses
Indicate whether the statement is true or false
Jed is an electrician. He and his wife are accrual basis taxpayers and file a joint return. Jed wired a new house for Alison and billed her $15,000. Alison paid Jed $10,000 and refused to pay the remainder of the bill, claiming the fee to be exorbitant. Jed took Alison to Small Claims Court for the unpaid amount and was awarded a $2,000 judgement. Jed was able to collect the judgement but not the remainder of the bill from Alison. What amount of loss may Jed deduct in the current year?
A. $0 B. $2,000 C. $3,000 D. $5,000 E. None of these.
Determine the initial shipping cost using the matrix least cost method.
XYZ has three supply chain locations with respective production capacities of an electronic component (Denver, Milwaukee, and Columbia) and three demand locations with their respective demand requirements for that electronic component. The demand requirements, production capacities, and the per-unit transportation costs are tabled in the transportation matrix shown here.
A. $30,000
B. $40,000
C. $24,000
D. $31,000