If the learning curve for a process is 80 percent, that same process has a 20 percent ________

Fill in the blanks with correct word


improvement rate

Business

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Four workers at a fast food restaurant pack the take-out chicken dinners. John packs 45% of the dinners but fails to include a salt packet 4% of the time. Mary packs 25% of the dinners but omits the salt 2% of the time. Sue packs 30% of the dinners but fails to include the salt 3% of the time. You have purchased a dinner and there is no salt. a.Find the probability that John packed your dinner.b.Find the probability that Mary packed your dinner.

What will be an ideal response?

Business

Which of the following is classified as a capital investment decision?

A) Purchase of a building B) Purchase of inventory C) Paying interest on bonds issued D) Purchase of a 6-month treasury bill

Business

Customers are likely to be more price sensitive when

A. they have to pay the bill themselves. B. the end benefit isn't very significant. C. the total expenditure is great. D. they haven't yet spent any money related to the purchase. E. All these answers are correct.

Business

Secondary data consist of

a. internal data only. b. external data only. c. existing information. d. newly developed primary research.

Business