As the product margin declines, promoting during the peak demand period becomes
A) less profitable.
B) more profitable.
C) less of a risk.
D) more desirable.
Answer: A
Business
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An optimization analysis finds the optimum value for a target variable by repeatedly changing other variables, subject to specified constraints. What can a manager determine by changing revenue and cost variables in an optimization analysis?
A. Calculate the highest potential profits B. Calculate employee benefit payments C. Use this as an extension for a digital dashboard D. Create production schedules
Business
When there are a large number of independent variables and the researcher suspects that not all of them are significant, stepwise regression should be used
Indicate whether the statement is true or false
Business