A(n) ________, a neutral third party, is usually called in to resolve any conflict that may arise over the interpretation of a collective bargaining agreement contract.
A. arbitrator
B. mediator
C. union representative
D. management spokesperson
E. picketer
Answer: A
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Data mining is the application of statistical techniques to find patterns and relationships among data for classification and prediction.
Answer the following statement true (T) or false (F)
Lead time for computers is 7 days with daily demand of 5 computers and a safety stock of 1 day. Each kanban holds 8 computers. What is the correct number of kanbans?
A) 4.5 B) 1 C) 5 D) 7 E) 8
Leonard is a traveling salesman for Bighorn, Inc He calls on Ralphyl, one of his regular accounts, in order to solicit another order. While in the store, Leonard collects a past due account for Bighorn, but he doesn't get another order. It has been a bad day in which Leonard hasn't had any orders. He is so angry about this when he leaves the store that he drives negligently and hits a pedestrian
with his car. In this case: A) Bighorn has no liability for Leonard's negligence, because Leonard is responsible for his own negligent conduct. B) since he was driving at the time of the negligent conduct, Leonard was no longer within the scope of his employment. C) Bighorn will be liable for Leonard's negligence under the doctrine of respondeat superior. D) Leonard is an independent contractor and, therefore, Bighorn will have no liability for his negligence.
The ideal insurance system:
A) reduces the probability of accidental and fortuitous losses due to increased predictability B) requires the transfer of a large number of exposures to loss to a pool, where a fund exists in advance of losses having to be paid C) works best when a large proportion of the participants in the pool submits a claim D) eliminates all hazards