In a transportation problem, items are allocated from sources to destinations:
A) at a maximum cost.
B) at a minimum cost.
C) at a minimum profit.
D) at a minimum revenue.
Answer: B
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Khokho's Coffee House was the first company to introduce flavored coffee in the global market. It sells coffee in several different flavors, such as blueberry, cinnamon, and cranberry, based on the flavors preferred in each country. In addition, it also customizes its promotion message to fit with local cultures. In this scenario, Khokho's Coffee House is involved in ___.
a. Product invention b. Promotion adaptation c. Global marketing standardization d. Product adaptation
The subject property has three bedrooms and a fireplace. Comparable a has 3 bedrooms and no fireplace, it is valued at $170,000. Comparable be has four bedrooms and a fireplace, it is valued at $185,000. A bedroom is valued at $20,000 and a fireplace is valued at $5,000. If you're using only two comparables, and appropriate range of values for the subject property would be:
A. $165,000 - $175,000 B. $175,000 - $205,000 C. $165,000 - $205,000 D. $180,000 - $190,000