The manager of a branch bank wants to build a simulation model of the lobby operation to reduce the waiting time of her customers. The number of tellers is an example of:
A) a decision variable.
B) an uncontrollable variable.
C) a time-compressed variable.
D) a dependent variable.
A
You might also like to view...
If a buyer is given an allowance for damaged merchandise, a credit is made to Purchases
Indicate whether the statement is true or false
The price of one currency stated in terms of another is known as the ____________.
Fill in the blank(s) with the appropriate word(s).
When evaluating market segments, assessment of competitors is important because
A. it is difficult to segment a market when it has multiple competitors. B. an absence of competitors usually creates difficulties in accurately measuring segment sales potential. C. sales estimates may cause a segment to appear to be lucrative, but there may be several competitors that together have a large share of that segment. D. a competitive analysis may lead to confusion as to who are the key competitors. E. competition is generally not a major problem as long as a marketer is aware of it.
When RedBox rents DVD movies from vending machines at McDonald's, it is acting as a channel captain, not a retailer.
Answer the following statement true (T) or false (F)