Which of the following is a requirement to be able to compute expected monetary value?

a) the probability of each state of nature is known.
b) each state of nature is equally likely to occur.
c) the probability of each decision alternative is known.
d) each decision alternative needs at least two states of nature.

Which of the following is an element of inventory holding costs? a. material handling costs b. investment costs c. housing costs d. pilferage, scrap, and obsolescence e. all of the above are elements of inventory holding costs.

Garcia industries has sales of $200,000 and accounts receivable of $18,500, and it gives its customers 25 days to pay. the industry average dso is 27 days, based on a 365-day year. if the company changes its credit and collection policy sufficiently to cause its dso to fall to the industry average, and if it earns 8.0% on any cash freed-up by this change, how would that affect its net income, assuming other things are held constant? a. $241.45b. $254.16c. $267.54d. $281.62e. $296.44

As task uncertainty and interdependence increase, are a more effective coordination mechanism than