The shape of any uniform probability distribution is ________.
A. rectangular
B. negatively skewed
C. bell-shaped
D. positively skewed
Answer: A
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One common way of measuring the effectiveness of the Supply Chain is through the fill rate. Which of the following best describes the fill rate?
A. The rate at which the stock in warehouse storage bins increases. B. The number of items per hour that receiving employees can move from the receiving dock to the warehouse. C. The average amount of time it takes for the organization to fulfill customers' orders. D. The percentage, in monetary value, of a supplier's order which is actually delivered to the organization.
Describe the three capacity strategies and the advantages of each
What will be an ideal response?
An observer has recorded the following select ( ) for a five-part task and has applied a rating factor (RF) to each. The times are in seconds
If there is a 15 percent allowance for "nonproductive" activities, compute the standard time for the total task. Element RF 1 6.2 0.9 2 1.7 1.1 3 4.5 1.2 4 1.2 0.8 5 5.0 1.2 The standard time for the task is: A) fewer than or equal to 21 seconds. B) greater than 21 seconds but fewer than or equal to 23 seconds. C) greater than 23 seconds but fewer than or equal to 25 seconds. D) greater than 25 seconds.
Suddeth Corporation has entered into a 6 year lease for a building it will use as a warehouse. The annual payment under the lease will be $2,468. The first payment will be at the end of the current year and all subsequent payments will be made at year-ends. If the discount rate is 5%, the present value of the lease payments is closest to (Ignore income taxes.):Refer to Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided.
A. $12,528 B. $14,103 C. $11,050 D. $14,808