To calculate the selling price, which of the following methods is correct?
a. Multiply the cost by the markup rate.
b. Divide the cost by markup rate plus 100.
c. Multiply the cost by the markup rate plus 100.
d. None of the above.
Question 2
Many organizations must determine how to schedule employees to provide adequate service. If we assume that an organization faces the same situation each week, this is referred to as:
a. a static scheduling problem
b. a dynamic scheduling problem
c. a transportation scheduling problem
d. all of these choices