Which of the following statements about cluster sampling is false??
A. ?All elements within the randomly selected clusters form the sample
B. ?It generally requires a smaller total sample size than simple random sampling
C. ?Ideally, each cluster is a representative small-scale version of the entire population
D. ?It provides the best results when the elements within the clusters are not alike
Answer: B
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Indicate whether the statement is true or false
If annual demand is 12,000 units, annual holding cost is $15 per unit, and setup cost per order is $25, which of the following is the EOQ lot size?
A. 200 B. 1,000 C. 2,000 D. 300 E. 1,200
How does the text define “renewable energy sources”?
a. natural processes continuously replenished by nature at a higher rate than they are consumed b. energy sources repeatedly producible by humans at no net cost to the environment c. natural processes including wind, solar, and hydroelectric that can be used as energy sources d. energy sources excluding fossil fuels and fuels that generate net waste
Answer the following statement(s) true (T) or false (F)
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