A learning curve:
A) plots man-hours per dollar versus time.
B) is mathematically described by a parabola.
C) should be plotted on polar coordinate graph paper.
D) is based on the premise that organizations learn from experience.
E) follows a normal distribution.
D
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The risk that an auditor will examine a fraudulent check and not recognize it as being fraudulent is called _________
a. sampling risk b. non-sampling risk c. systematic risk d. systemic risk
Skeeter Company produces 100,00 . insect repellent devices each day, and the average number of units in work in process is 150,000 . with an average value of $300,000 . The average annual carrying cost percentage is 30%
a. Determine the throughput time. b. Compute the annual carrying cost. c. If the same daily output can be achieved while reducing the work in process by 40%, determine the new throughput time. d. Compute the annual carrying cost given the information in requirement c.
A sourcing strategy in which two suppliers are used for the same purchased product or service is:
A) cross sourcing. B) dual sourcing. C) contingency sourcing. D) multisourcing.
Given the following parents and components, how many Bs are required to make an X? Quantities
are shown in brackets. Parent X A Component A 2. B 2. B 1. D 1. A) 1 B) 2 C) 3 D) 4 E) 5