The ________ is the most common and most important measure of variability in the field of statistics
A) range
B) variance
C) median
D) standard deviation
D
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Prevailing trends in production systems reflect all of the following except:
a. emphasis on customer satisfaction b. shortened product lifecycles c. increased factory automation d. the change from "pull" to "push" production scheduling
Because bad debt losses are incurred to generate sales, they should be charged against the sales that they helped generate
Indicate whether the statement is true or false
When reacting to a crisis, an organization benefits from breaking a story before media outlets because the ________
A) situation can be covered up B) stakeholders can be informed C) message can be controlled D) details can be omitted E) event can be trivialized
The following data relate to direct labor costs for February: Actual costs 7,700 hours at $14 Standard costs 7,000 hours at $15 What is the direct labor time variance?
A) $7,700 favorable B) $7,700 unfavorable C) $10,500 unfavorable D) $10,500 favorable