As English judges were developing the common law of contracts in the twelfth and thirteenth centuries:
What will be an ideal response?
Promises were found not binding unless written and sealed.
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In a deductive message, the most important information should be
a. placed at the very end of the message. b. placed at the beginning of the message. c. placed in the middle of the message. d. placed in all sections of the message.
Which one of the following statements regarding simulation analysis is FALSE?
A) Simulation analysis is a form of hypothesis testing. B) In simulation, dependent variables reflect the values of both the decision variables and the uncontrollable variables. C) Statistical methods require the replication of simulation runs. D) Each time a simulation model is run for a given set of decision variables, the same random numbers must be used.
In the context of active listening, one of the dos for better listening is the use of _____.
A. nonverbal communication B. indirect feedback C. dynamic delivery D. in-person presentation
The Wilson Company is interested in forecasting demand for its XG-667 product for quarter 13 based on 12 quarters of data
The following shows the data and the double exponential smoothing model results for periods 1-12 using alpha = 0.20 and beta = 0.40. Quarter Demand C T Forecast Time t 1 800 781.6 33.8 2 890 830.4 39.8 815.4 3 790 854.1 33.4 870.2 4 900 890.0 34.4 887.5 5 880 915.5 30.8 924.4 6 960 949.1 31.9 946.4 7 900 964.8 25.4 981.0 8 920 976.2 19.8 990.3 9 1040 1004.8 23.3 996.0 10 1090 1040.5 28.3 1028.2 11 1200 1095.1 38.8 1068.8 12 1140 1135.1 39.3 1133.8 Based on this information, which of the following is the forecast for period 13? A) About 1,345 B) Just under 1,300 C) Approximately 1,174 D) Nearly 1,225