With forecasting error being measured in MAD (mean absolute deviation), the 3? control limits imply that the probability that the forecasting errors are attributable to random variation is ______.
A. 3%
B. 99.7%
C. 2.3%
D. 50%
B. 99.7%
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Functional variables are the only variables included in the set of non-negativity constraints of a goal programming model
a. True b. False
A distribution in a partnership may be:
A) a payment made to compensate a partner for services rendered to the partnership. B) a division of profits. C) repayment of a loan to a partner. D) All of these are types of distributions in partnerships.
Which of the following is one of the dimensions used in developing a clear understanding of the buyer's expectations and requirements? a. The ability of the buyer to succinctly identify, define, quantify, or specify its technical and sourcing requirements. b. The seller's ability to effectively communicate its requirements
c. How compatible the buyer's and supplier's respective corporate cultures are. d. The ability of the selling company to succinctly identify, clearly define, quantify, or specify its technical and sourcing requirements. e. None of the above.
An alternate hypothesis is a statement about a population parameter that is accepted only when the null hypothesis is rejected
Indicate whether the statement is true or false