Which of the following statements is false?
a. The modeling process discussed in your text is a five-step process.
b. Dealing with uncertainty requires a basic understanding of probability.
c. Uncertainty is a key aspect of most business problems.
d. Data description and data inference are data analysis themes.
a
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Which of the following is an organizational result from an effective and efficient supply chain management system?
A. Decrease the power of its buyers. B. Increase efficiencies while seeking a competitive advantage through cost leadership. C. Create entry barriers thereby reducing the threat of new entrants. D. All of these.
Moving equipment, installing and configuring new systems, and providing equipment to a new employee are examples of ____ changes.
A. service B. normal C. standard D. routine
A company that makes organic fertilizer has supplied the following data: Bags produced and sold 200,000Sales revenue$1,560,000Variable manufacturing expense$660,000Fixed manufacturing expense$448,000Variable selling and administrative expense$180,000Fixed selling and administrative expense$214,000Net operating income$58,000 The company's unit contribution margin is closest to:
A. $4.20 per unit B. $6.90 per unit C. $3.60 per unit D. $4.50 per unit
There should be set rules if there is a give and take policy between a labor union and corporate managers. The Act which provides these rules is the:? A) ?Social Security Act
B) ?National Labor Relations Act. C) ?Walsh-Healey Act. D) ?Fair Labor Standards Act.