Consider a situation where you were the end user of a product.What other “customers” were involved in your decision to purchase the product?
What will be an ideal response?
Answers will vary.There may be a saboteur who delayed the decision and an influencer or recommender.If in a corporate environment, there may have been a decision maker who needed to approve the purchase.You may have been an economic buyer or may have the product because of an economic buyers’ decision.
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Mutation is a mathematical method of handling imprecise or subjective information.
Answer the following statement true (T) or false (F)
When can research be justified, even if the financial risk of the decision is small?
a. The research can be done inexpensively b. It will not take very long to complete c. A lot of the information can be obtained from secondary sources d. It will help to clarify the actions to be take or decisions to be made e. all of the above
Operating leases often have terms that include
A. maintenance of the equipment by the lessor. B. full amortization over the life of the lease. C. very high penalties if the lease is cancelled. D. restrictions on how much the leased property can be used. E. much longer lease periods than for most financial leases.
Acme, Inc., produces widgets. To manufacture a new type of widget, it took 79 hours for the first widget. Acme estimates it has an 81% learning rate. Using the logarithmic approach, calculate the time it will take to manufacture the 135th widget.
a. 17.78 hours b. 19.58 hours c. 16.52 hours d. 21.94 hours