Some companies set up confidential systems for employees to "raise red flags" about suspected unethical practices
a. True
b. False
Indicate whether the statement is true or false
True
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When assessing future hospitality work, which statement is the most likely or accurate?
a. The next generation resembles the current generation in work ethic. b. The next generation will be more psychologically motivated than the current generation. c. The next generation of employees will be more diverse than the current generation. d. Baby boomers will have minimal effect on the available workforce.
If I is the input rate and O is the output rate, what happens when I < O?
a. WIP decreases b. WIP increases c. WIP remains constant d. I and O are not related to the WIP
. Under the dimensions of observation, what is meant by goal?
a. a set of unrelated activities that people carry out b. the sequencing of events c. the set of related activities that someone carries out d. what the person is trying to accomplish
Which of the following statements is correct??
A. ?Sensitivity analysis is incomplete because it fails to consider the range of likely values of key variables as reflected in their probability distributions. B. ?In comparing two projects using sensitivity analysis, the one with the steeper lines would be considered less risky, because a small error in estimating a variable, such as unit sales, would produce only a small error in the project's net present value (NPV). C. ?The primary advantage of simulation is that it provides a very accurate point estimate of a project's NPV. D. ?One important benefit of simulation analysis as compared to scenario analysis is that once the analysis is complete, it provides a clear accept/reject decision rule. E. ?Simulation considers only discrete outcomes for a project.