Suppose that the introduction of a preventive maintenance program is deemed cost effective. Which of the following is most likely true if the cost to actually perform preventive maintenance is very expensive?
A) high standard deviation in MTBF
B) low standard deviation in MTBF
C) low cost to repair
D) Repairs carry little nonmonetary consequences.
E) The system never fails.
B
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According to consumer-packaged goods companies, which of the following effects is attributed to the heavy use of sales promotion?
A) increased brand loyalty B) focus on long-run marketing planning C) improved brand-quality image D) increased price sensitivity E) greater coupon redemption rates
When a U.S. company does business with a British company and payment is in British pounds, an exchange gain or loss occurs if the exchange rate between dollars and pounds changes between the date of sale and the date of payment
Indicate whether the statement is true or false
The net realizable value approach is used to account for scrap and by-products when the net realizable value is significant
Indicate whether the statement is true or false
Non-financial measures are generally more appropriate for gauging teamwork than are financial performance measures
Indicate whether the statement is true or false