In the context of operations management, triage nurses deciding on the order in which emergency patients are to be treated is an example of _____

What credit decision is appropriate for a potential customer that offers an 80% chance of paying on a $10,000 (present value) sale that has an 80% (present value) cost?

A) Grant credit since expected profit is $800 B) Refuse credit since expected loss is $3,000 C) Grant credit since expected profit is $3,200 D) Refuse credit since expected profit is zero

Edward Company purchased a bulldozer on July1 , 2003.for $120,000, and estimated the useful life of the bulldozer to be 60,000 hours of use, and a salvage value of $30,000. In 2003, they used the bulldozer for 12,000 hours, and in 2004, it was used for 16,000 hours before it was destroyed by a fire. The proceeds from the insurance company were $80,000. The journal entry to record the disposal of the bulldozer will include a:

A) debit to loss on disposal of $7,000 B) credit to gain on disposal of $2,000 C) debit to loss on disposal of $2,000 D) debit to loss on disposal of $16,000 E) credit to gain on disposal of $16,000