In most acceptance sampling plans, when a lot is rejected, the entire lot is inspected and all defective items are replaced. When using this technique the AOQ:
A) worsens (AOQ becomes a larger fraction).
B) improves (AOQ becomes a smaller fraction).
C) is not affected, but the AQL is improved.
D) is not affected.
E) falls to zero.
B
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A clause in a second deed of trust that permits the first deed of trust to be refinanced without sacrificing its lien position is a/an:
A. acceleration clause B. lien waiver C. subordination clause D. alienation clause
An American tourist purchases a leather jacket while in Italy. Which of the following statements is true?
A) The leather purchase would be considered an import for the U.S. BOP. B) This transaction would be properly accounted for in the Current Account of the U.S. BOP. C) The leather purchase is considered an import of a good, and thus, considered part of the balance of trade as well. D) All of these statements are true.