Problem 15-10 (Static) A small manufacturing facility is being planned that will feed parts to three heavy manufacturing facilities. The locations of the current plants with their coordinates and volume requirements are given in the following table: PLANT LOCATION Peoria Decatur Joliet COORDINATES (x, y) 300, 320 375, 470 470, 180 Cy VOLUME (PARTS PER YEAR) 4,000 6,000 3,000 Use the centrold method to determine a location for this new facility. (Round your answers to 1 decimal place.)

Question 17 If both potential injurers and potential victims are fully insured, which condition is necessary to produce an efficient level of precautionary effort by both parties? competition between insurers to drive insurance prices down to the expected cost of accidents plus administrative costs O a strict liability rule O punitive damages to discourage reckless behavior O a comparative negligence rule to allocate the damages between the victim and the injurer

Question 4 Jetair was founded in September 2007 and is one of a growing number of low-cost airlines in the country of Salta. Jetair's strategy is to operate as a low-cost, high-efficiency airline, and it does this by: Operating mostly in secondary cities to reduce landing costs. ● Using only one type of aircraft in order to reduce maintenance and operational costs. These planes are leased rather than bought outright. Having only one category of seat class. Having no pre-allocated seats or in-flight entertainment. Focusing on e-commerce with customers, both booking tickets and checking in for flights online. The airline was given an 'on-time arrival' ranking of seventh best by the country's aviation authority, which ranks all 50 of the country's airlines based on the number of flights which arrive on time at their destinations. 48 Jetair flights were cancelled in 2013 compared to 35 in 2012. This increase was due to an increase in the staff absentee rate at Jetair from 3 days per staff…

A trade allowance is a price reduction offered by retailers to customers who are buying homogeneous shopping goods.   Question 24 options:   True   False