The use of simulation to analyze airport operations, and fire or police department operations are known as:

A) public service operation.
B) environmental and resource analysis.
C) cost benefit analysis.
D) operations management.


Answer: A

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If net income is $250,000 and interest expense is $20,000 for Year 2, and the market price of common shares is $30, what is the price-earnings ratio on common stock for Year 2? (Round intermediate calculation to two decimal places and final answers to one decimal place.)

a. 7.5 b. 13.4 c. 12.1 d. 8.5

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The low cost of a direct sales force acts as an incentive for establishing direct distribution in a new market

Indicate whether the statement is true or false

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What is the first step in writing a formal report?

A) Selecting an appropriate layout and format B) Researching primary and secondary data C) Writing a purpose statement D) Determining the length of the report

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There are three equally likely states of nature (High, Medium, and Low demand). If the large factory will post profits of $50,000, $25,000, and - $10,000 under these states of nature, respectively, what is the EMV of the factory?

A) $50,000 B) $25,000 C) $28,333.33 D) $21,666.67 E) $65,000

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