For controllable variables with negative OVs, this value shows how much any profit-forfeiting activities are costing.
2.
McCarthy's marketing mix is based upon four controllable variables that a company manages in its effort to satisfy the corporation's objectives as well as the needs and wants of a target market.
3.
With costs for fuel and insurance rising, labor remains the only controllable variable, says Andreas Potamianos, the owner and president of Epirotiki Cruise Line, whose $ 139 million in annual revenues make it Greece's biggest cruise line.
4.
Often such problems are subject to linear equality constraints that prevent all objectives from being simultaneously perfectly met, especially when the number of controllable variables is less than the number of objectives and when the presence of random shocks generates uncertainty.
5.
However, when controllable variables are accounted for, such as job position, total hours worked, number of children, and the frequency at which unpaid leave is taken, in addition to other factors, a United States Department of Labor study, conducted by the CONSAD Research Group, found in 2008 that the gap can be brought down from 23 % to between 4.8 % and 7.1 %.