The vertical distance from a point to the regression line is the squared error, e2
Indicate whether the statement is true or false
Answer: False.
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When a company is showing a net loss, it is always best to discontinue the segment in order not to continue with losses
Indicate whether the statement is true or false
Lead-time in the context of innovation refers to:
a. The period of time during which a firm is the leader of an industry b. The period of time it takes for equipment to arrive after it's been ordered c. The time it takes a follower to catch up d. The time it takes for a competitor to realise you've done something innovative
Latimer Textiles Inc Latimer Textiles Inc incurred actual variable overhead expenses of $27,000 in the current year for the production of 8,000 units. Variable overhead was applied at a rate of $1.75 per direct labor hour and 2 direct labor hours were budgeted for each unit. The company used 17,400 direct labor hours for production. Refer to the Latimer Textiles Inc information above. What was
Latimer's variable overhead efficiency variance? A) $3,450 U B) $3,450 F C) $2,450 U D) $2,450 F
When the number of shipments in a feasible solution is less than the number of rows plus the number of columns minus one:
A) the solution is optimal. B) a dummy source must be created. C) a dummy destination must be created. D) there is degeneracy, and an artificial allocation must be created. E) the closed path has a triangular shape.