In the Monte Carlo process, values for a random variable are generated by ________ a probability distribution

A) sampling from
B) running
C) integrating
D) implementing

Answer: A

Business

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When "petroleum" companies such as BP sought to recast themselves as "energy" companies, increasing their research into the oil, coal, nuclear, hydroelectric, and chemical industries, these companies were employing a ________ strategy

A) preemptive defense B) counteroffensive defense C) mobile defense D) flank defense E) contraction defense

Business

Gonzalez Company has two service departments, Maintenance and Human Resources. Gonzalez Company also has two production departments, Mixing and Finishing

Maintenance costs are allocated based on square footage while Human Resources costs are allocated based on number of employees. The following information has been gathered for the current year: Human Maintenance Resources Mixing Finishing Direct costs $126,000 $84,000 $105,000 $175,000 Square footage 800 400 1,600 1,200 Number of employees 8 12 24 32 Assume the step-down method is used to allocate service department costs, and the Maintenance Department is allocated first. The amount of cost allocated from the Maintenance Department to the Finishing Department would be ________. A) $31,500 B) $42,750 C) $47,250 D) $57,000

Business