Yoshi, a Japanese citizen working in Atlanta for his Tokyo firm, decided to rent an airplane and fly himself to the Annual Catfish and Zydeco festival in Thibodaux, Louisiana. He rented a small plane to fly there. Over Alabama, thunderstorms formed. Because Yoshi was not trained to fly by instruments, he decided to land at the next airport. As he searched for a runway, Yoshi heard a loud clank
followed by silence as the engine died. He tried to land in a field but crashed. While recovering in a rehabilitation center in California, Yoshi filed suit there against the Atlanta Airport and the owners of the airplane, alleging that they were negligent in their maintenance. A court in which Yoshi's case may be brought and tried to a conclusion is said to have original jurisdiction over the case.
a. True
b. False
Indicate whether the statement is true or false
True
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Upper A Celty Airline jet costs $ 28,000,000 and is expected to fly 200,000,000 miles during its 10-year life. Residual value is expected to be zero because the plane was used when acquired. If the plane travels 1,000,000 miles the first year, how much depreciation should Celty Airline record under the units-of-production method?
A. $2,800,000 B. $140,000 C. $560,000 D. Cannot be determined from information given
The service level is the probability that the inventory available during lead time will meet demand
Indicate whether this statement is true or false.