The process capability index ______.
a. is a measure of how well a process meets its control limits
b. is the ratio of the range of design tolerances to the range of the variability of the process
c. is the product of the range of design tolerances to the range of the variability of the process
d. is the reciprocal of the range of design tolerances to the range of the variability of the process
b. is the ratio of the range of design tolerances to the range of the variability of the process
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Which of the following is a disadvantage of using a percentage-of-sales method to determine the marketing communications budget?
A) It assumes competitors know better than the company's own planners. B) It results in high communication expenditures irrespective of what the company can afford. C) It is overly focused on the relationship among communication cost, selling price, and profit per unit. D) It treats sales as what determines communication, rather than as the result of effective communication. E) It is too focused on long-range planning.
Demand influences new product introductions and product portfolio planning. This statement is applicable to which functional area?
A. supply chain B. finance C. marketing D. human resources
Which of the following is a not a type of organizational information system?
A. Analysis processing system B. Decisions support system C. Transactional processing system D. Executive information system
Mrs. Day structures a transaction to shift income from her 20Y1 tax year to her 20Y2 tax year. This tax planning strategy may be taking advantage of the:
A. Entity variable B. Jurisdiction variable C. Time period variable D. Character variable