Answer: Both of them
Explanation:
The Monte Carlo Simulation is a forecasting technique that allows one to find out the probability of occurence of different outcomes which may be difficult to come up with because there are multiple random variables involved.
Monte Carlo simulations are used in many diverse fields such as Finance, Engineering and Science.
As earlier mentioned, this simulation allows for multiple random variables so Phillips can use it to model both the variables to have different characteristics.
Your answer would be, Snack food vendors were for the measure while beer vendors were
against it. Marijuana; and beers are considered substitutes as they
both affect the central nervous system as depressants; similarly
affecting to the body; and therefore, be viewed as
competitors in the market space; and reducing beer sales; as
consumers pursue marijuana. However,
snack foods are
considered complementary as marijuana use has been shown to
enhance sensory inputs; and produce "the munchies" resulting in
the user purchasing snack foods thus; elevating snack food sales.
Hope that helps!!!! : )
365000 - 165000 = $215,000
This gives you the Orlando sales.
215000 x 1.27 (27%) gives you the contribution margin for Orlando store
Answer is : $273,050
Answer:
21.9%
Explanation:
Given that
Operating leverage = 7.3
Increase in sales = 3%
According to the given situation, the computation of net operating income is shown below:-
Increase in operating income = Operating leverage × Increase in sales
= 7.3 × 3
%
= 21.9%
Therefore for computing the increase in operating income we simply applied the above formula.
To estimate the amount of money needed so you don't run out.
