The Sales and Operations Planning (S&OP) operate at the product level of ______________. Complete the sentence.
a. Product Lines and Families c. Manufacturing Operations
b. Components d. Individual Products
Question 2
A portfolio manager was analyzing the price-earnings ratio for this year's performance. His boss said that the average price-earnings ratio was 20 for the many stocks, which his firm had traded, but he felt that figure was too high. The portfolio manager randomly selected a sample of 50 P/E ratios and found a mean of 18.17 and standard deviation of 4.60 . Assume that the population is normally distributed and test at the 0.01 level of significance. The decision rule is: Reject H0 if the calculated t < -2.405.
Indicate whether the statement is true or false
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