A drive thru car wash can process cars at a rate of one every five minutes. When you arrive with your car, you see one car just leaving the washer and eight cars in line ahead of you
How long can you expect to wait before you will reach the car wash?
A) less than or equal to 15 minutes
B) greater than 15 but less than or equal to 30 minutes
C) greater than 30 but less than or equal to 45 minutes
D) greater than 45 minutes
C
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Although focus groups should encourage open, free-wheeling information, who has the task of ensuring that the conversation stays focused?
A) focus group manager B) focus group moderator C) focus group gate keeper D) quantitative research assistant (QRA) E) none of the above
Which of the following is a formal decision model that uses techniques of regression analysis of past production decisions and is also based on managerial performance and experience?
A. linear decision rule B. linear programming C. simulation D. management coefficients model
Vertiaplume, a drug manufacturing company, exports its products to more than 15 countries around the world. Regardless of reduced sales in one of these countries, Vertiaplume is able to maintain its overall profits. In the given scenario, which of the following is a reason behind Vertiaplume's ability to maintain its overall profits?
A. Access to factors of production B. Ease of storage of goods C. Inflow of innovation D. Reduced risk
In many states, an operating agreement is required for a limited liability company to exist
Indicate whether the statement is true or false