What is the primary difference between a feasibility report and a justification report?

What will be an ideal response?

Answer: Whereas a feasibility report studies proposed options, a justification report is written after an action, to justify what was done.

Business

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An industrial engineer is conducting a time study for a work element. The select time is 7.5 minutes, and the sample standard deviation of the observed time is one minute

What is the appropriate sample size if the estimate is to be 3 percent of the true average time 95 percent of the time (z = 1.96)? A) fewer than or equal to 70 B) greater than 70 but fewer than or equal to 80 C) greater than 80 but fewer than or equal to 90 D) greater than 90

Business

Which of the following BEST describes the purpose of point-of-sale displays?

A) To inform customers about the benefits of the products B) To entice customers to buy additional products C) To make it easier for customers to find products D) To promote the reputation of the company offering certain products E) To target specific messages about the product to customers

Business