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NEW QUESTION # 30
After a year of reduced profits, a commuter rail service has decided to charge a premium for peak hour users. In a media statement released to the public, the rail service company claimed that consumers will benefit from this decision. In what way could consumers benefit from this pricing structure?
Answer: B
NEW QUESTION # 31
A student wants to know the probability of getting a value less than -0.76 in a standard normal distribution (=0, =1). The student finds that the area under the curve to the left of positive 0.76 is 0.7764. What is the probability of getting a value less than -0.76?
Answer: D
NEW QUESTION # 32
During 2013, a company's prepaid expense decreased by $40,000, while its unearned revenue increased by $60,000. The company reported a pretax income under accrual basis of $250,000 on its 2013 income statement. What is the company's pretax income under
cash basis of 2013?
Answer: A
NEW QUESTION # 33
The owner of a small bakery is interested in forecasting the bakery's total sales for a certain date. The owner believes that sales on a given day are influenced by the day's highest temperature (in degrees F) and whether the day falls on a weekend (Saturday or Sunday). A random sample of 60 days is taken from November 2013 to May 2014; the regression results are given below. If the high temperature for tomorrow, a Thursday, is forecasted to be 60 degrees F, what does the model predict the total sales will be?
Note that the weekend dummy variable takes a value of one for Saturday and Sunday and zero otherwise.
Answer: D
NEW QUESTION # 34
When developing a supplier exit strategy, which of the following is generally considered the MOST important internal consideration?
Answer: D
Explanation:
* Assess Risk: Understand the risk associated with terminating a supplier and the impact on the supply chain.
* Continuity of Supply: Ensuring that there is no disruption in the supply of critical materials or services is paramount.
* Strategic Planning: Developing a comprehensive exit strategy that includes alternative suppliers or contingency plans.
* Minimizing Impact: Minimize any negative impact on production schedules, customer commitments, and overall supply chain stability.
References
* Supplier Exit Strategies
* Risk Management in Supply Chain
* Continuity Planning Resources
NEW QUESTION # 35
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