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Table 9-3 to Demonstrate the Personal Touch That Is Part of the of the Apple

question 70

Multiple Choice

Table 9-3
To demonstrate the personal touch that is part of the Apple experience, Tim Cook decides to personally deliver the first iCar produced in San Jose to the customer's home in Nashville.In order to minimize the carbon footprint, he decides to push the car rather than actually driving it, and since his time is valuable, he wants to choose the shortest route possible.Fortunately, the first genius he talks to at The Genius Bar is able to determine the drive times between cities Tim might pass through along the way to Nashville.The cities and drive times are shown in the table - the push time is assumed to be a direct multiple of the drive time, which will act as a surrogate to keep the numbers low.

-What is the duration of the shortest route for the scenario described in Table 9-3?

Definitions:

NPV

Net Present Value, a method used in capital budgeting to evaluate the profitability of an investment or project by calculating the difference between the present value of cash inflows and outflows.

Yen Cash Flows

Cash flows related to financial transactions denominated in Japanese yen.

Absolute Purchasing Power Parity

A theory that states that the price of goods in different countries should be equal when measured in a common currency.

Identical Goods

Products that are exactly the same in every feature and aspect, making them interchangeable.