The expected value for a binomial distribution is given by equation
a. (n - 1)(1 - p).
b. n(1 - p).
c. np.
d. (n - 1)p.
c
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Packaging is an important consideration for products that are shipped to markets worldwide. Which of the following statements related to packaging is not true?
A) Nestlé's worldwide network of packaging teams provide improvement suggestions on a quarterly basis. B) The Japanese prefer plain soft colors on their packages. C) The Aquafresh Ultimate tube was designed to stand vertically. D) Coca-Cola had contour bottles in both glass and plastic versions in many countries. E) Nestlé asked suppliers to find a glue to make the clicking sound louder when a tube of Smarties brand chocolate candies are unwrapped.
Describe the types of manufacturing environments that would best be suited for (1) job-order costing and (2) process costing. Include two examples of manufacturers that would likely use job-cost systems.
What will be an ideal response?
Regal Foods Corp., a packaged foods manufacturer, wishes to determine the percentage of Umber coffee sold in a geographic area as compared to the percentage of the total population in this market. The most appropriate index to use would be the
A. brand development index. B. category development index. C. consumer price index. D. survey of buying power index. E. Dow Jones sustainability index.
Effectively implementing strategy requires manipulating three key control levers: culture, rewards, and boundaries. What are the compelling reasons for an increased emphasis on culture and rewards in a system of behavior controls?
What will be an ideal response?