In the U.S., which of the five basic modes of transportation has the highest ratio of value of freight handled to tons of freight handled?
a. Rail
b. Truck
c. Air
d. Water
c. Air
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Which of the following are true regarding exogenous constructs?
A) An exogenous construct is the latent, multi-item equivalent of an independent variable in traditional multivariate analysis. B) An exogenous construct is determined by factors outside of the model. C) Graphically, an exogenous construct does not have any paths coming to it. D) A and C are correct. E) A, B, and C are correct.
The __________ of a firm is primarily responsible for the preparation of financial statements in accordance with GAAP
a. the internal auditors. b. management. c. the external auditors. d. the board of directors.
An example of a recurring short-term plan is
a. a probable product line change. b. expansion of plant and facilities. c. a unit sales forecast. d. a change in marketing strategies.
An operating characteristics curve shows:
A) upper and lower product specifications. B) product quality under different manufacturing conditions. C) how the probability of accepting a lot varies with the population percent defective. D) when product specifications don't match process control limits. E) how operations affect certain characteristics of a product.