Options on individual stocks are referred to as ________
A) stock options
B) futures options
C) American options
D) individual options
A
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Perfect Builders makes all sorts of moldings. Its standard quantity of material allowed is 1 foot of wood per 1 foot of molding at a standard price of $2.00 per foot. During August, it purchased 500,000 feet of wood at a cost of $1.90 per foot, which produced only 499,000 feet of molding. Calculate the materials price variance and the materials usage variance, respectively
A) $50,000 F and $2,000 U B) $49,900 U and $2,000 F C) $50,000 F and $1,900 U D) $49,900 F and $1,900 U
The three general types of media schedules are
A. pulsing, beating, and continuous. B. short, medium, and long-term. C. morning, afternoon, and evening. D. pulsing, continuous, and flighting. E. light, heavy, and alternating.
A queuing system has an arrival rate of 5 customers per hour and a service rate of 8 customers per hour. What is the utilization factor (?) of the system?
A) 40 B) 1.6 C) 4 D) 5 E) 0.625
Given an actual demand of 59, a previous forecast of 64, and an alpha of .3, what would the forecast for the next period be using simple exponential smoothing?
A) 36.9 B) 57.5 C) 60.5 D) 62.5