The widespread applicability of operations research methods to business followed which war?

A) The U.S. Civil War
B) World War I
C) World War II
D) The Korean War
E) The Vietnam War


C

Business

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The following table shows part of the probability distribution for the number of boats sold daily at Boats Unlimited. It is known that the average number of boats sold daily is 1.57. x f(x) 0 0.20 1 0.30 2 0.32 3 ? 4 0.05 5 0.02 ? Compute the variance and the standard deviation for this probability distribution.

What will be an ideal response?

Business

Successful firms are very careful in selecting the work to be outsourced. If expectations and requirements are fuzzy or open to debate, working together can become very difficult. The following are ways to clarify requirements and procedures EXCEPT

A. Make sure communication is well structured and interactions are managed to avoid confusion. B. Establish who has access to certain information through robust safeguards. C. Contract only work with clearly defined deliverables with measurable outcomes. D. Make sure that different firms' project management systems are integrated. E. Document your requirements.

Business

Self-direction means that leaders have to

a. direct their attention and focus toward the goals they want—the ones they have consciously picked b. keep their focus on their goals and work on their goals instead of being distracted c. focus on their own wants and needs d. both “a” and “b”

Business

Studies show that __________ of night-shift workers report falling asleep at least once a week while on the job.

A. 10 to 30 percent B. 30 to 50 percent C. 50 to 70 percent D. 70 to 90 percent

Business