Which of the following characteristics best describes repetitive focus?

A) It uses sophisticated scheduling to accommodate custom orders.
B) Its output is a standardized product produced from modules.
C) Operators are broadly skilled.
D) It is widely used for the manufacture of steel.
E) low volume, high variety


B

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Acme, Inc., produces widgets. To manufacture a new type of widget, it took 56 hours for the first widget. Acme estimates it has an 89% learning rate. Using the logarithmic approach, calculate the time it will take to manufacture the 112th widget.

a. 29.35 hours b. 25.37 hours c. 31.27 hours d. 29.94 hours

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Why do insurers use a different mortality table for annuity benefit calculations than they use for life insurance premium calculations?

A) Annuities require more stringent underwriting than life insurance. B) The average life expectancy of an annuity applicant is greater than that of a life insurance applicant. C) The health status of annuity applicants is generally worse than that of life insurance applicants. D) People with a greater-than-average likelihood of premature death are typically the ones who want to purchase annuities.

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Answer the following statement(s) true (T) or false (F)

1. Repeated measures data always has exactly two time points 2. All paired data are repeated measures data 3. All repeated measures data are also paired data 4. When conducting a paired samples test on Time 1 and Time 2 data, it is clearest to subtract Time 2 from Time 1. 5. When asking if there is a difference in a paired samples test, the value of µD is always 0.

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The first step in writing a process description is determining your readers' needs and levels of knowledge

Identify the letter of the choice that best completes the statement or answers the question. Indicate whether the statement is true or false

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