The answer on the picture is right
240 yards per hour is 720 feet per hourto convert hours to seconds, divide 720 feet by 3600 seconds per hour to get0.2 feet/foot per secondOR1/5 feet/foot per second
The statement 'Revenue management methodology was originally developed for the banking industry.' is False.
The revenue Management is an analytics technique.
This technique is used to predict consumer behavior at the micro-level, which is ultimately useful in optimizing the product availability and pricing and maximize revenue growth.
This methodology is used by companies in certain industries, particularly those with fixed costs and capacity and products or services that expire.
It is the operational procedures and practices that maximize revenues without creating additional products or services.
Therefore, The statement 'Revenue management methodology was originally developed for the banking industry.' is False.
Learn more about the revenue management here:
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Set the equations equal to each other
Subtract x from both sides
Divide both sides by -4
x=-1/2