Discuss producer's risk and consumer's risk
What will be an ideal response?
Producer's risk is the chance that good product is rejected and consumer's risk is the chance that bad product is accepted. Although producers are interested in low risk, they often have no control over the consumer's acceptance sampling plan. Fortunately, the consumer also is interested in a low producer's risk because sending good materials back to the producer 1. disrupts the consumer's production process and increases the likelihood of shortages in materials, 2. adds unnecessarily to the lead time for finished products or services, and 3 . creates poor relations with the producer.
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In moving from the measurement model to the structural model:
A) The error terms are correlated with each other. B) The emphasis shifts from the relationships between latent constructs and measured variables to the nature and magnitude of the relationships between constructs. C) The exogenous constructs each become endogenous. D) The endogenous constructs become exogenous. E) None of the above
The teacher should have been more patient with her students
A) students; should have B) teacher: should have C) teacher; should have been D) teacher; have been
Answer the following statements true (T) or false (F)
1. Financial projections are usually very precise and correspond almost identically to reality. 2. Financial projections are built around sales in USD. 3. Linear trends are most useful. 4. For startup firms, projections over long time horizons are rarely supported by either historic data or by methodologies that have good predictive power. 5. When dealing with expenses, direct costs are not projected in the same manner as revenue.
Discuss guidelines for the writing process when preparing a proposal