A widget fails 12 times in 600 hours of operation. The MTBF of the widget is ______.
a. 50 hours
b. 45 hours
c. 32 hours
d. 31 hours
a. 50 hours
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Open-ended questions that respondents answer in their own words are called ________
A) structured questions B) unstructured questions C) double-barreled questions D) filtered questions E) own-voice questions
Which of the following statements is true regarding the time value of money?
A) Compound interest will produce equal amounts of interest each period on a fixed deposit. B) Earning simple interest is more beneficial than earning compound interest. C) When making a purchase, it is better to make payment as soon as possible. D) It is better to receive $1 now than a year from now.
An operation in a television factory has an average observed time of 6 minutes. The performance rating of the worker timed was estimated at 90%. Practice in this department is to provide 8% for allowances
a. Find the normal time for the operation. b. Compute the standard time for the operation. c. Recompute the standard time if an additional fatigue allowance of 8% is factored in.
Arnoury, a car service station, takes feedback from clients after servicing their cars, which gives the clients a sense of importance. Arnoury's management also ensures rectification and improvement of its services based on clients' feedback.Which of the following marketing strategies does this scenario best illustrate?
A. People marketing B. Customer relationship management C. Consumer market segmentation D. Mass customization