Answer:
Number of full factorial experiments needed as per classical statistics is 5
Explanation:
We can use the following method to solve the given problem
Number of experiments needed as per Taguchi's principles:
No. of factors, F= 5
No. of levels, L = 2
No. of experiments, E = 1 + F*(L-1)
= 1 + 5*(2-1) = 1 + 5*1 = 6
Number of full factorial experiments needed as per classical statistics:
E = L^F
= 2^5
= 32
Answer:
Fairness of the whole process.
Explanation:
The department's employees will take fairness of the entire process as a measure to ensure the success of the procedure to negotiate a new labor agreement.
Answer: ERP (Enterprise resource planning)
Explanation:
The ERP is stand for the enterprise resource planning and it is the type of business management software which basically allow the organization for managing the integrated applications in the business. It improve the the services and the technology which is related to the function in the back office.
- The enterprise resource planning is the system that helps in the improvement of the internal process and the performance of the overall business.
- The main function of the ERP system is that it support various types function when the ERP system share the database to the different units in the business.
Therefore, ERP is the correct option.
Answer:it’s D
Explanation: Just answered it
Answer: In a market served by a monopoly, the marginal cost is $60 and the price is $110. In a perfectly competitive market, the marginal cost is $60. If the marginal cost increased from $60 to $75, the monopoly would raise its price <u>by less than $15</u>, and the price in the perfectly competitive market would <u>increase to $75.</u>
Explanation: The monopolist attends to the market demand, therefore the choice of the monopolist is limited by the market demand. If you set a very high price, you will only sell the amount that the demand you want to buy at that price, so it will only increase by less than $ 15.
In a market of perfect competition the companies are accepting price and will produce until the price is equal to the marginal cost so the price would rise to $ 75.
