A(n) _____ is an input to a simulation model whose value is uncertain and described by a probability distribution
a. identifier
b. constraint
c. random variable
d. decision variable
C
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The ______________________________ process maintains data for payroll taxes, fringe benefits, attendance reporting, timekeeping, and paying employees for work performed
Fill in the blank(s) with correct word
Material requirements planning (MRP) programs use _____ to put long-lead material on order.
A. short-range forecasts B. long-range demands C. just-in-time accounting D. long-range forecasts
One of the most telling signs of whether a company's market position is strong or precarious is
A. whether it has a lower stock price than key rivals. B. the opinions of buyers regarding which seller has the best product quality and customer service. C. whether it is in a bigger or smaller strategic group than its closest rivals. D. whether its product is strongly or weakly differentiated from rivals. E. whether its prices and costs are competitive with those of key rivals.
All of the following are exceptions to the rule that a principal is not liable for the independent contractor's torts except:
A) Nondelegable duties. B) Special risks. C) Negligence per se. D) Negligence in the selection of an independent contractor.