The two general approaches to forecasting are:
A) qualitative and quantitative.
B) mathematical and statistical.
C) judgmental and qualitative.
D) historical and associative.
E) judgmental and associative.
A
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A simple electrical motor has three components: windings, armature, and housing. These three components have reliabilities of .97, .992, and .999. There is no possibility of redundant parts. The motor must have an overall reliability of at least 0
980, according to the product line manager who will use the motor as an input. What would you do to redesign the motor to meet this specification? Discuss, including a recalculation to meet the standard.
The term "open-book management" refers to _____
a. allowing board members and stockholders to freely observe management techniques in the workplace b. teaching employees to understand accounting and financial statements and getting key financial information to employees c. removing the fear of failure from the work environment d. providing funds, staff, equipment, and materials to carry out a project e. none of the above