To Develop a Persistence Forecast of Minimum and Maximum Temperatures

question 42

Multiple Choice

To develop a persistence forecast of minimum and maximum temperatures for a particular city, which of the following types of charts is most helpful?

• A)adiabatic chart
• B)surface chart
• C)meteogram
• D)500 hPa chart

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Definitions:

Contribution Margin

The amount by which a product's sales revenue exceeds its variable costs, used to cover fixed costs and towards profit.

Marginal Cost

The additional cost incurred by producing one more unit of a product or service.

Incremental Cost

Incremental cost is the additional cost associated with producing one more unit of a product or service.

Operating Cash Flow

Operating cash flow is a measure of the cash generated by a company's regular business operations, indicating the company's ability to generate sufficient positive cash flow to maintain and grow its operations.