Any data value with a z-score less than –3 or greater than +3 is considered to be a(n)
a. outlier. b. usual value.
c. whisker. d. z-score value.
a
RATIONALE: Any data value with a z-score less than –3 or greater than +3 is treated as an outlier.
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Employees at Atkins Inc. are frustrated with their manager, Kyle, who does not believe in providing feedback because he thinks it's a waste of time. His employees argue that they do not know how to hone their skills if they are not told what areas they should work on and what areas are satisfactory. Which statement would strengthen the employees' arguments?
A. Evaluating each employee is a herculean task that would require a lot of time and effort. B. Employees who receive feedback gain more clarity on their roles and how they fit within an organization. C. Kyle only hires employees who have the potential to follow through on his high expectations. D. Employees ought to evaluate themselves because self-assessment is the best type of feedback. E. Feedback is not an effective mechanism because employees can choose to reject the constructive information.
Scholfield Enterprises makes a variety of products that it sells to other businesses. The company's activity-based costing system has four activity cost pools for assigning costs to products and customers. Details concerning that ABC system are listed below:Activity Cost PoolActivity MeasureActivity RateSupporting assemblyDirect labor-hours (DLHs)$6.55per DLHProcessing batchesNumber of batches$138.20per batchProcessing ordersNumber of orders$52.60per orderServing customersNumber of customers$1,191.00per customerThe cost of serving customers, $1,191.00 per customer, is the cost of serving a customer for one year.Latif Corporation buys only one of the company's products which Scholfield Enterprises sells for $15.60 per unit. Last year Latif Corporation ordered a total of 1,100 units of this
product in 2 orders. To fill the orders, 7 batches were required. The direct materials cost is $7.85 per unit and the direct labor cost is $1.90 per unit. Each unit requires 0.10 DLHs.According to the ABC system, the customer margin for this customer this past year was closest to: A. $6,435.00 B. $14,175.90 C. $3,450.90 D. $8,525.00
________ contributes to a product's usefulness as well as to its looks
A) Sensational style B) Good design C) Quality D) Consistency E) Packaging
A publisher of photography books finds that it is cost-effective to print 10,000 or more at a time. But a bookstore orders only a few copies of each book, since its customers want to select from a wide variety. This example shows
A. why discrepancies of quantity occur. B. why both discrepancies of quantity and discrepancies of assortment occur. C. neither discrepancies of assortment nor discrepancies of quantity. D. multichannel distribution. E. why discrepancies of assortment occur.