New institutional theory divides institutions into
A. two basic types: technical and nontechnical.
B. three basic types: classified, unclassified, and unclassifiable.
C. two basic types: formal and informal.
D. three basic types: formal, informal, and technical.
Answer: C
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Which of the following activities might you consider adding a time buffer to?
A. Merge activities that are prone to delays B. Activities with severe risks C. Noncritical activities with very little slack D. You might consider adding a time buffer to any of these activities E. Activities with scarce resources
A company has sales of $400,200 and its gross profit is $168,700. Its cost of goods sold equals:
A. $400,200. B. $168,700. C. $229,700. D. $568,900. E. $231,500.
A nationwide parcel delivery service keeps track of the number of late deliveries (more than 30 minutes past the time promised to clients) per day. They plan on using a control chart to plot their results
Which type of control chart(s) would you recommend? A) both x-bar chart and R-chart B) p-chart C) c-chart D) x-bar chart E) both p-chart and c-chart
Why do range charts exist? Aren't x-bar charts enough?
What will be an ideal response?