Every 10th product coming off a production line is inspected to check for quality. Such a sampling technique is called
A) systematic sampling.
B) random sampling.
C) nonrandom sampling.
D) biased sampling.
A) systematic sampling.
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The present value of the expected pension benefits that will ultimately be paid is the:
A. minimum balance sheet liability. B. accrued pension liability. C. accumulated benefit obligation. D. projected benefit obligation.
When companies provide too few products in a product line, they run the risk of ________.
A. delivering products that can be easily copied B. increasing barriers to market entry C. missing important market opportunities D. having inefficiencies in production E. being differentiated from competitors
The optimal solution:
Consider the following maximization problem. MAX z = x + 2y s.t. 2x + 3y ? 6 5x + 6y ? 30 y ? 1 A) occurs where x = 4.67 and y = 1.11. B) occurs where x = 0 and y = 2. C) occurs where x = 6 and y = 0. D) results in an objective function value of 12.
List and discuss the elements necessary to establish negligence