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Author Question: With reference to a what-if model, an uncontrollable model input is known as a(n) _____. a. ... (Read 144 times)

jessicacav

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With reference to a what-if model, an uncontrollable model input is known as a(n) _____.
 a. decision variable
  b. dummy variable
  c. parameter
  d. outlier

Question 2

What is a quality audit, and for what purposes might one be performed?



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dyrone

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Answer to Question 1

C

Answer to Question 2

Quality audits involve evaluating a firm's process capabilities. The goal is to assess the firm's strategies, and success, in defect prevention. These audits can also be quantified to facilitate comparisons from one firm to the next.





 

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