In the context of the axiomatic design method, the information axiom states that:
a. good design occurs when the functional requirements of the design are independent of one another.
b. developing specific requirements and design parameters such as specifications and tolerances leads to the creation of a high quality product.
c. all the departments in an organization should be continuously involved with product development from conception through sales.
d. good design corresponds to minimum complexity.
d
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Last year, Brown Manufacturing had a contribution margin ratio of 40%. This year, fixed expenses are expected to remain at $50,000 and sales are expected to increase by $90,000. What should the contribution margin ratio be this year if the company wishes to increase net operating income by $31,500?
A) 78.75% B) 40.00% C) 35.00% D) 55.56%
What is the doctrine of in pari delicto with reference to contracts?
A) It is a situation in which both parties are considered equally at fault in an illegal contract. B) It is a situation where one party has unknowingly signed a contract to commit crimes. C) It gives minors the right to disaffirm a contract. D) It is a special exemption right to circumvent usury laws.
Issuers must redeem outstanding bonds for at least their par value
Indicate whether the statement is true or false.
A company plans to interview 10 recent graduates for possible employment. The company has three positions open. How many groups of three can the company select?