Jan purchased automobile physical damage insurance with a $500 deductible. This coverage illustrates which two risk management techniques from Jan's perspective?

Suppose the landlord really wants the back door to be installed. For too long he has had to cut through the garage and he figures when he retires, this house will be a perfect downsize home for him to move into

How should the constraint for the back door be written if he uses the following scheme for decision variables? x1 = contractor works on wood floors x2 = landlord works on wood floors x3 = contractor works on kitchen tile x4 = contractor works on kitchen tile x5 = contractor works on back door x6 = contractor works on back door x7 = contractor works on garage door x8 = contractor works on garage door A) x5 + x6 ? 1 B) x5 + x6 = 1 C) x5 - x6 ? 1 D) x5 - x6 = 1

Calgary Doughnuts had sales of $100 million in 2007. Its cost of sales were $70 million. If sales are expected to grow at 20% in 2008, compute the forecasted costs using the percent of sales method

A) $80 million B) $84 million C) $88 million D) $96 million