Given the Following Information, Determine the Value of Having an Additional

question 27

Multiple Choice

Given the following information, determine the value of having an additional bathroom. Assume that the comparable properties are similar in all other attributes besides those listed in the table below. $$\begin{array} { | l | c | c | c | c | } \hline & \text { Comparable 1 } & \text { Comparable } 2 & \text { Comparable 3 } & \text { Comparable 4 } \\\hline \text { Time Sold } & \text { Today } & 1 \text { Year Apo } & \text { Today } & \text { Today } \\\hline \text { Bathrooms } & 1 & 1 & \mathbf { 2 } & \mathbf { 2 } \\\hline \text { Size } & 3500 \mathrm { sq } . \mathrm { ft } & \mathbf { 3 0 0 0 ~ s q . ~ f t . } & 3500 \mathrm { sq } . \mathrm { ft } & \mathbf { 3 0 0 0 } \mathrm { sq } . \mathrm { ft } \\\hline \text { Sale Price } & \$ 150,000 & 140,000 & \$ 160,000 & \$ 156,000 \\\hline\end{array}$$

• A) $4,000
• B) $6,000
• C) $10,000
• D) $16,000

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Definitions:

"Rights" Of Logistics

The foundational principles of delivering the right product, in the right quantity, to the right place, at the right time, in the right condition, and at the right price.

Systems Integration

The process of combining various subsystems or components into one comprehensive system ensuring they function together.

Real-Time Data

Information that is delivered immediately after collection, with no delay in the timeliness of the information provided.