The Taguchi-loss function is known as ______.

a. the quadratic function
b. material-loss function
c. compliance failure
d. loss of process capability


c. compliance failure

Business

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On April 24 of the current year, The Memphis Pecan Company experienced a tornado that destroyed the company's entire inventory. At the beginning of April, the company reported beginning inventory of $228,650. Inventory purchased during April (until the date of the tornado) was $199,700. Sales for the month of April through April 24 were $644,400. Assuming the company's typical gross profit ratio is 50%, estimate the amount of inventory destroyed in the tornado.

A. $106,150 B. $322,200 C. $216,050 D. $158,738 E. $214,175

Business

Using the following list of accounts and identification letters A through J, enter the type of account and its normal balance into the table below. The first item is filled in as an example: ?Type of Account?Normal Balance?AssetLiabilityEquity?DebitCreditCommon Stock??X??XInterest Payable??????Land??????Dividends??????Fees Earned??????Prepaid Rent??????Advertising Expense??????Unearned Rent Revenue??????Commissions Earned??????Notes Receivable??????

What will be an ideal response?

Business

What type of company would benefit most from using a geographical sales force organization?

What will be an ideal response?

Business

The effective management of diversity can enhance the social responsibility goals of an organization. Other areas where sound management of diverse workforces can improve the effectiveness of an organization and its competitive advantages include all but one of the following

A. organizational flexibility B. resource acquisition C. marketing D. problem creation

Business