A company is considering Pittsburgh, Philadelphia, and Baltimore as candidate locations for a new facility. For the weighted-factor rating technique, the company is evaluating each location on three factors (distance to customers, labor costs, and utility costs). The factors are weighted 0.5, 0.3, and 0.2, respectively. Pittsburgh received scores of 90, 75, and 65 for the three factors. Philadelphia received scores of 85, 82, and 70. Baltimore received scores of 82, 85, and 75. Which of the three factors is viewed as the most important?
a. Distance to customers
b. Labor costs
c. Utility costs
d. Cannot be determined from the information given
a. Distance to customers
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Updating or replanning the MRP records is performed periodically in which type of system?
A. regenerative MRP system B. period MRP system C. dynamic MRP system D. time-phased MRP system
In constructing a confidence interval estimate for the difference between two population proportions, we:
a. pool the population proportions when the populations are normally distributed. b. pool the population proportions when the population means are equal. c. pool the population proportions when they are equal. d. never pool the population proportions.
________ refers to the volatility of pricing conditions for major elements of the product, such as raw materials, purchased components and labor
a. Component market uncertainty b. Component pricing uncertainty c. Process of technology uncertainty d. Market certainty e. None of the choices.
The balanced scorecard is designed to be linked to an organization's strategy
Indicate whether the statement is true or false