Grid Tools & Hardware Company is subject to a decision by the Consumer Product Safety Commission. Opposed to the decision, Grid Tools wants a court to review it. First, however, the firm must use all of the potential administrative remedies. This is
a. an actual controversy at issue.
b. standing to sue.
c. the exhaustion doctrine.
d. the ripeness doctrine.
C
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In making the business case for an IT investment, companies should assess the sensitivity of results to the assumptions.
Answer the following statement true (T) or false (F)
A union that pursues the social unionism model, will try to achieve equity and voice:
A. in the workplace (e.g., higher wages and better working conditions). B. in society. C. in workplace but also in society as a whole. D. only if it benefits the union leadership.
Assume that customer arrivals at a small cafe can be modeled by a Poisson distribution. The average arrival rate is 3 customers per hour. What is the probability of 2 or fewer arrivals in the next hour (to three decimal places)?
a. Cannot be determined from the information given b. 0.152 c. 0.224 d. 0.423
What is the objective function for a goal program for this situation?
A company has three goals, listed in order of importance. 1. Achieve a total profit of at least $240 million. 2. Maintain the current employment level of 3,000 employees 3. Invest no more than $70 million in capital. A) Min P1d1- , P2d2- , P3d3+ B) Min P1d1- , P2d2+ , P2d2- , P3d3- C) Min P1d1- , P2d2- , P2d2- , P3d3+ D) Min P1d1+ , P2d2- , P2d2- , P3d3+