When Managers Make Decisions About Adding or Dropping Customers,managers Only

question 15

Multiple Choice

When managers make decisions about adding or dropping customers,managers only focus on:

• A)incremental costs only.
• B)opportunity costs only.
• C)allocating overhead costs.
• D)incremental and opportunity costs only.
• E)the value chain and not cost factors.

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Definitions:

Independent

In statistics, a term used to describe two or more variables that are not associated with each other; each variable's distribution does not depend on the values of others.

Dependent

In statistics, a variable whose value depends on the influence or measurement of another variable.

Proportion

A statistical measure that represents the fraction of the total number of outcomes in a given category relative to the total number of outcomes in all categories.

Observations

Data collected or measured during an experiment or survey. They are the individual values recorded during the statistical study.