How does error impact reliability? Write the general equation for reliability that demonstrates this concept.
What will be an ideal response?
ANS:
An increase in error results in a decrease in reliability, and a decrease in error results in an increase in reliability. Observation = True Score + Error Score
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Organizations that decentralize (delegate) authority enable managers to:
A. Advance in the company B. Gain skills C. Make significant decisions D. All of the choices are correct
A firm is BEST served if its project portfolio:
A) Has a number of low-cost experimental prototypes. B) Devotes significant resources to hit product "home runs." C) Aims to take the marketplace by storm regardless of future trends. D) Represents narrowly concentrated efforts.
The ________ account is credited to adjust for overallocated overhead costs
A) Cost of Goods Sold B) Sales Revenue C) Manufacturing Overhead D) Finished Goods Inventory
In the last several years, the Western part of the United States has faced severe drought conditions with a lack of rain in states such as New Mexico, Arizona, and California. In these communities, Walmart collects rainwater in underground tanks and saves it to water the store's landscaping. In addition, Walmart takes advantage of other opportunities to conserve water. It has installed high-efficiency urinals that reduce water use by 87% compared to the conventional 1-gallon-per-flush urinals throughout all new stores. These high-efficiency toilets use 20% less water compared to allowable EPA standards of up to 1.6 gallons per flush. Based on this information, it seems that Walmart is engaging in
A. environmental marketing. B. sustainable marketing. C. eco-marketing. D. green marketing.