Which of the following represents a common way to manage capacity in the service sector?
A) appointments
B) reservations
C) changes in staffing levels
D) first-come, first-served service rule
E) "early bird" specials in restaurants
C
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Equipment was purchased for $60,000. Freight charges amounted to $2,800 and there was a cost of $8,000 for building a foundation and installing the equipment. It is estimated that the equipment will have a $12,000 salvage value at the end of its 5-year useful life. Depreciation expense each year using the straight-line method will be
a. $14,160. b. $11,760. c. $9,840. d. $9,600.
Increasing the life expectancy of humans through medical diagnostics and treatments is an example of which of the following benefits from technology innovation?
a. technology innovation is an important source of value creation b. technology innovation has a tremendous economic impact c. technology innovation makes possible the formation and rapid growth of companies d. technology innovation has a major impact on lives of people