The advantage of simulation over queuing or waiting line models is that simulation allows us to relax our assumptions regarding arrival and service distributions
Indicate whether the statement is true or false
TRUE
You might also like to view...
Discuss at least two differences between males and females and how they approach and resolve conflict.
What will be an ideal response?
How has the Internet most likely affected direct and digital marketing?
A) The time taken by marketers to reach customer segments has increased. B) The role of technology has become less intense. C) The expenditures on direct and digital marketing have increased. D) The growth of digital sales has seen a significant downturn. E) The number of mass marketing forms has expanded.
Which budget is the first one that must be done in the master budgeting process and why?
On February 15, Jewel Company buys 7,000 shares of Marcelo Corp. common stock at $28.53 per share. The stock is classified as a stock investment with insignificant influence. This is the company's first and only stock investment. On March 15, Marcelo Corp. declares a dividend of $1.15 per share payable to stockholders of record on April 15. Jewel Company received the dividend on April 15 and ultimately sells half of the Marcelo Corp. stock on November 17 of the current year for $29.30 per share. The journal entry to record the sale of the 3,500 shares of stock on November 17 is:
A. Debit Cash $102,550; credit Long-Term Investments-Trading $99,855; debit Gain on Sale of Long-Term Investments $2,695. B. Debit Cash $102,550; debit Loss on Sale of Stock Investments $2,445; credit Stock Investments $104,99. C. Debit Cash $102,550; credit Long-Term Investments-AFS $100,055; credit Gain on Sale of Long-Term Investments $2,495. D. Debit Cash $102,550; credit Long-Term Investments-Trading $99,855; credit Gain on Sale of Long-Term Investments $2,695. E. Debit Cash $102,550; credit Stock Investments $99,855; credit Gain on Sale of Stock Investments $2,695.