Personnel can utilize forecasts to make decisions concerning

A) scheduling.
B) promotions.
C) plant/equipment investment.
D) purchasing.


Answer: B

Business

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In a short essay, discuss the characteristics and uses of a scatter diagram. Include a discussion of the least-squares procedure to support your answer

What will be an ideal response?

Business

Which of the following is the number of different product lines available at a particular retail store?

A) merchandise breadth B) inventory depth C) merchandise depth D) retail diversity E) point-of-sale range

Business

According to the ______ hypothesis, given enough time, cultures will converge to the point that no difference in values, attitudes, beliefs, and behavior exists.

A. convergence B. divergence C. equilibrium D. globalization

Business

In interval estimation, the t distribution is applicable only when the

A. population has a mean of less than 30. B. sample standard deviation is used to estimate the population standard deviation. C. variance of the population is known. D. mean of the population is unknown.

Business