A double-sampling plan is usually less expensive than a single-sampling plan if the lot has a low number of defectives

Indicate whether the statement is true or false

TRUE

Business

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A(n) _____ is a standard that arises over time and as agreement on it becomes widespread, is enforced by social sanction or law.

Fill in the blank(s) with the appropriate word(s).

Business

A long-term wave in a demand pattern that undulates gracefully over a period of greater than a year is a(n) ________

Fill in the blank with correct word.

Business