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Table 14.3 Columbia Appliance Sells and Delivers Appliances in the Columbia,South Carolina

question 100

Multiple Choice

Table 14.3
Columbia Appliance sells and delivers appliances in the Columbia,South Carolina area.The Operations and Supply Chain Manager wants to be able to predict the delivery crew's hours for easier scheduling.The delivery crew,consisting of a truck and two workers,must load the truck each day and then drive the truck to various locations to deliver appliances.Variables each day include miles driven and the number of deliveries made.The manager has collected data for the past five weeks,and has recorded the following average daily crew hours worked,miles driven and deliveries made:
The manager uses the multiple regression model in POM for Windows and obtains the following results:
-Use the information provided in Table 14.3.If one delivery is added to the crew's daily work,how much time is added to their work schedule for that day? (Assume all other variables are held constant. )

Definitions:

Exports

Goods or services sent from one country to another for sale or trade.

Imports

Goods or services brought into one country from another for the purpose of sale or trade.

Exchange Rate Risk

The potential for loss due to fluctuations in the exchange rate between two currencies in international finance.

Foreign Currency

Currency used in a country other than one's own, necessitating exchange for transactions.