When a Vacancy Permit is granted on a policy insuring a dwelling property, what effect, if any, does it have on the perils insured? OA) None. OB) It suspends certain coverages while the vacancy exists. OC) It permits the property to be vacant without affecting the coverage. OD) It introduces co-insurance conditions into the policy.
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- 5. (Scenario Based Question) Your response to Simeon's phonecall: Hello, I need to speak to a manager now! Netflix has taken money out of my account when I cancelled the subscription ages ago. They have still charged me for their services. This has left me with no money. This is fraud! I need this money refunded straight away otherwise I will not be able to afford groceries for my kids this week. Please refund this money now! * (Write your response to the customer as if you were a COP at Monzo talking to Simeon, for example "Hi Simeon....". Show us your empathy and analytical problem solving skills, and how by being customer centric you'd help get the customer to a logical solution in this scenarioQUESTION 6 1 pc In the simplex method, if there is a tie (equality) between decision variable and a slack (or surplus) variable in C-Z row for a maximization LP, selected. should be O decision variable O Slack variable O Any variable with highest posative value O surplus variableQuestion Help * Problem 9 Wingman Distributing Company is expanding its supply chain to include a new distribution hub in South Bend. A key decision involves the number of trucks for the facility. The particular model of truck Wingman is considering can be used 6,000 miles a month and will cost $1,100 a month in capital costs. In addition, each mile a truck is used costs $0.90 for maintenance. A local truck rental firm will rent trucks at a cost of $1.70 per mile, which includes the maintenance costs for those miles. Given the distribution of likely requirements for trucks, management has come up with three alternatives to consider as shown in the table. Which fleet size will yield the lowest expected monthly costs for Wingman? A fleet size of Monthly requirements (miles) Probability Fleet size (trucks) 30,000 0.20 5 60,000 0.50 10 trucks is the lowest cost alternative, with expected monthly costs to Wingman of $. (Enter your responses as integers.) 90,000 0.30 15
- 1QUESTION 12 (Using the same problem) A vendor for the local ballpark food stand is questioning whether to stock his concession with a large or small inventory. He believes that it will depend upon the size of the crowd. He has developed a payoff matrix for the various alternatives (stocking decision) and states of nature (size of crowd). What is the answer using the criterion of minimax regret? Alternatives Large Inventory Small Inventory Probability O A) -$2,000 O B) $130,000 O C) $0 O D) $20,000 O E) $153,400 Large Crowd $220,000 $90,000 .20 PROFIT ($) Average Crowd $50,000 $70,000 .50 Small Crowd -$2,000 -$5,000 .30Linear programming question
- Question 22 SROI is calculated by which equation? O Sport Spending - Sport Impact O Sport Impact / Sport Spending O Sport Revenue - Sport Spending Ⓒ Sport Spending / Sport ImpactMr. Roberts, a businessman, is staying on the club floor, has arranged for a luncheon for himself and four business associates in one of the smaller meeting rooms. The arrangements and revenue earned for this part of his stay will be handled by which department? Question 19 options: a) Banquets b) Catering c) Front office d) Conciergei need Q2 solution
- In spite of all the globalization efforts, there remain huge differences in local consumption patterns, which are affected by many factors, such as climate, local dietary preferences, local regulations, different use for similar items, difference in motivations and buying behaviors and many other location-specific factors. Is this statement true or false? Question 27 options: a) True b) FalseQuestion in the attached screenshot, please and thank you!