The values for random variables in a Monte Carlo simulation are
a. selected manually.
b. generated randomly from probability distributions.
c. taken from forecasting analysis.
d. derived secondarily using formulas.
B
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The number of days' sales in inventory
A) measures the length of time it takes to acquire, sell, and replace the inventory B) is computed by dividing the cost of merchandise sold by 365 C) measures the length of time it takes to sell the merchandise on credit and collect the account receivable D) is about the same for all industries
Refer to the scenario above. How many workers must be added to increase the output rate to one unit per minute?
A) 1 B) 2 C) 3 D) 4
Seaside Vistas leases an apartment to Tori. During a severe storm, the premises are destroyed by flood. Under most state laws, liable for the rent for the rest of the lease term is
A. no one. B. Seaside and Tori in proportionate amounts. C. Seaside only. D. Tori only.
Which of the following was the result on appeal in Protect My Check, Inc. v Dilger and Steffan the case determining whether the ban on direct corporate contributions violated PMC's free speech rights?
A. The court that as long as the Kentucky laws at issue allow corporations to administer a state PAC and contribute to state candidates through that PAC, and as long as the ban on direct contributions applies equally to corporations, LLCs, and other similarly situated groups, such laws are closely drawn to combat the legitimate interest of preventing the reality or appearance of quid pro quo corruption and are therefore constitutional B. The court ruled that free speech rights were for natural citizens only and therefore not an action that the courts or regulations protected for corporations. C. The court held that the regulations complained of impermissibly regulated speech because nonprofit corporations were treated differently than corporations operated on a for profit basis and this made the law unconstitutional. D. The court held that corporations could be treated differently than LLCs and unions because of their corporate structure. E. The court ruled that the regulations complained of permissibly regulated speech because nonprofit corporations, unlike corporations operated on a for profit basis, lack constitutional protections in free speech cases.