Which one of the following statements concerning capacity cushions is BEST?
A) Large capacity cushions are used more often when future demand is level and known.
B) Small capacity cushions are used extensively in capital intensive firms.
C) Capacity cushions are used primarily in manufacturing organizations, not in service organizations.
D) Small cushions are used in organizations where the products and services produced often change.
B
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The most appropriate view of investment risk is
A) the possibility of investing in fraudulent schemes. B) a range of possible returns?the greater the range, the greater the risk. C) the possibility of not achieving your investment goal. D) the possibility of total loss.
An important factor to consider in analyzing a queuing system is the:
A) queue discipline. B) queue structure. C) queue order. D) cost.
Which of the following is the objective of the rule of reason rule?
a. To determine whether the requirements of the per se rule have been satisfied. b. To determine whether, on balance, the activity at issue promotes or restrains competition. c. To determine whether in a particular situation a horizontal price fixing has actually harmed consumers. d. To determine if providers of a good acted reasonably in engaging in a boycott.
Which of the following is not a type of professional liability policy available in today's insurance marketplace?
A) Physicians', surgeons', and dentists' policy B) Hospital liability policy C) Directors' and officers' liability insurance D) Business auto liability insurance