The variation in sample means is measured by the standard error of the mean
Indicate whether the statement is true or false
TRUE
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Beyond the optimal order quantity, total cost per unit increases because ________
A) inventory-carrying cost per unit increases B) inventory-carrying cost per unit decreases C) order-processing cost per unit increases D) order-processing cost per unit increases though inventory cost decreases E) inventory-processing cost per unit falls slowly
If the incremental costs for a special order of 8,000 units are $5,600 and the company would like to earn a minimum of $1,600 profit from the order, the minimum bid price would be
A) $0.45 per unit. B) $0.70 per unit. C) $0.90 per unit. D) $1.80 per unit.
For managers, listening is critical, and failure to listen not only causes managers to miss good ideas but can even drive employees away.
Answer the following statement true (T) or false (F)
Part of a new leader’s job is to continue to be the best achiever and shining star on the staff.
a. True b. False