Which one of the following is an assumption of learning curves?

A) The cumulative time of production decreases as production increases.
B) Time reduction per unit increases as cumulative production increases.
C) The same learning curve should be used when a company increases its level of automation.
D) The reduction in time per unit follows an exponential curve.

D

Business

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A risk manager was attempting to estimate how many physical damage claims would be reported for vehicles in the company's fleet the following year. He decided to perform a regression analysis using "number of vehicle claims" as the dependent variable. It would make sense to use each of the following variables as the independent variable EXCEPT:

(a) number of vehicles in the fleet (b) gallons of fuel used by fleet vehicles (c) number of people employed by the company (d) number of miles driven by fleet vehicles per year

Business

Putting "References available upon request" at the end of your résumé is

A) not necessary since the availability of references is usually assumed. B) standard practice, and most employers will expect to see it. C) less effective than listing the names and contact information for all references, even if the employer has not requested them. D) necessary only when applying for government positions. E) not necessary, but expected.

Business