In ________ simulation, one or more of the independent variables follows certain probability distributions, which can be either discrete distributions or continuous distributions

Fill in the blanks with correct word


probabilistic

Business

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Identify a true statement about the follow-up that salespeople should perform after a sale.

A. Salespeople should follow up with only those members of the buying center who are directly involved in the use of the product. B. Salespeople should ideally follow the 3-by-3 strategy to make all their follow-up calls. C. Salespeople should make a call to say thank you and to check to see that the product is working appropriately. D. Salespeople should avoid regular follow-up with their accounts to identify any changing needs as it will tarnish goodwill between the seller and the buyer. E. Personal follow-up visits should be avoided because they are expensive and tend to accomplish little.

Business

All of the following will reduce the exposure to computer viruses except

a. install antivirus software b. install factory-sealed application software c. assign and control user passwords d. install public-domain software from reputable bulletin boards

Business

Liabilities are established with debits and eliminated with credits

Indicate whether the statement is true or false

Business

The following information is available for Jimmy Corporation for the month of June: Beginning Inventory ............. 8 units @ $20.00 = $160 Purchased, June 3 ............... 5 units @ $22.00 = $110 Purchased, June 5 ............... 7 units @ $24.00 = $168 Sold, June 9 .................... 9 units Purchased, June 1 . .............. 8 units @ $26.00 = $208 Sold, June 1 . ................... 7

units Given this information, the ending inventory balance using the average cost method is a. $276. b. $302. c. $368. d. $386.

Business