Suppose x is a normally distributed random variable with a mean of 12 and a standard deviation of 3 . The probability that x equals 19.62 is _____
a. 0
b. .0055
c. .4945
d. .9945
a
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A company provided the following direct materials cost information. Compute the direct materials price variance. Standard costs assigned: Direct materials standard cost (405,000 units @ $2.00/unit)$810,000 Actual costs: Direct Materials costs incurred (403,750 units @ $2.20/unit)$888,250
A. $80,750 Favorable. B. $81,000 Favorable. C. $80,750 Unfavorable. D. $81,000 Unfavorable. E. $78,250 Favorable.
Fact Pattern 3-2AFine Dining Corporation files a suit against Eat-at-Joe's, Inc.Refer to Fact Pattern 3-2A. The attorney for Eat-at-Joe's also questions Floyd. This is
A. a cross-examination. B. a direct examination. C. an interrogatory. D. a request for admissions.
Hilfiger Industries Inc. has developed a new forklift, model UH-40, that is designed to offer superior performance to a comparable forklift sold by Hilfiger's main competitor. The competing forklift sells for $96,000 and needs to be replaced after 1,000 hours of use. It also requires $9,000 of preventive maintenance during its useful life. Model UH-40's performance capabilities are similar to the competing product with two important exceptions-it needs to be replaced only after 2,000 hours of use and it requires $13,000 of preventive maintenance during its useful life.From a value-based pricing standpoint what is model UH-40's economic value to the customer over its 2,000 hour life?
A. $101,000 B. $114,000 C. $192,000 D. $197,000
The LP relaxation of an integer programming (IP) problem is the same model as the IP model except that some integer constraints are omitted
a. True b. False Indicate whether the statement is true or false