TimeO promotes its digital watches as being the ultimate tough watch, resistant to mechanical
shock and water. The promotions mention a 5 year replacement warranty for all types of
manufacturing defects.
Which of the following product differentiation approaches is TimeO
using?
A) ease of use B) customization
C) durability D) form
C
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Which of the following factors is not listed in your text as affecting a direct assessment measure?
a. The measurer b. The attribute being measured c. Instruments available for the measuring task d. The individual who will use the measure
The average prime offer rate is the rate offered to the least qualified borrowers as established by a survey of potential borrowers.
Answer the following statement true (T) or false (F)
Which of the following is classified as an inventory shortage cost?
A. Both production disruption and lost sales and lost customers. B. Spoilage. C. Purchase order preparation. D. Lost sales and lost customers. E. Production disruption.
Two events, A and B, are mutually exclusive and each have a nonzero probability. If event A is known to occur, the probability of the occurrence of event B is
a. one b. any positive value c. zero d. any value between 0 to 1