Greene Enterprises Has the Following Information About Its Truck Fleet

question 79

Multiple Choice

Greene Enterprises has the following information about its truck fleet miles and operating costs: $$\begin{array} { c c c } \text { Year } & \text { Miles } & \text { Operating Costs } \\\hline2010 & 400,000 & \$ 256,000 \\2011 & 480,000 & 280,000 \\2012 & 560,000 & 320,000\end{array}$$ What is the best estimate of total costs using the high-low method if the expected fleet mileage for 2008 is 500,000 miles?

• A)$256,000
• B)$288,000
• C)$296,000
• D)$320,000

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Definitions:

Chain Of Command

Denotes the formal line of authority, communication, and responsibility within an organization, typically seen in military and structured organizational contexts.

Authority And Power

Concepts related to the ability to influence or control others' behavior and decisions, with authority being formally granted and power possibly arising from various sources.

Flow Of Authority

The structured path along which formal power is passed down within an organization, dictating who reports to whom.

Mechanistic Approach

A perspective that views systems, including organizations, as machine-like, with rigid structures and clearly defined functions.