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1. Which one is TRUE?
If the parties to a contract attach materially different meanings to a co n - tract term, the contract cannot be r e scinded.
A contract is always enforceable even if one party is aware that the other party made a mistake of fact.
If a price quotation contains a mistake in the adding of a number of fig - ures, the contract may not be enforceable.
Overestimating the valu e of an object is a mistake for which a court will normally provide relief.
2. Traceability enables (check all that apply):
stakeholder engagement
more reliable discovery of inconsistencies and gaps in requirements
expedited business analysis
faster and simpler impact analysis
The supervisor at the American airline check-in counter observes the following process characteristics: the average amount of a passenger spends on check-in is 25 minutes from start to end; there is, on average, one customer exiting the check-in coun..
Your boss has asked you to work up a simulation model to examine the uncertainty regarding the success or failure of five different investment projects. He provides probabilities for the success of each project individually: p1=0.50, p2=0.35, p3=0.65..
A quality analyst wants to construct a sample mean chart for controlling a packaging process. He knows from past experience that the process standard deviation is two ounces.
Which of the following statements about manufacturing and service processes is FALSE?
Johnson & Johnson was a leader in recognizing key stakeholders and in developing a credo for appropriate conduct. Why do you think that there have been a number of failures in product safety even though the company has tried to be responsible?
The CPM (Critical Path Method) is a method to identify the critical path, which:
We have a server whose service time is uniformly distributed with an interval of (10,20) minutes. The customer inter arrival time is also uniformly distributed with an interval of (15, 25) minutes. Determine the expected waiting time of customers on ..
Which is a common psychological reason for resisting change?
The Carbondale Hospital is considering the purchase of a new ambulance. The decision will rest partly on the anticipated mileage to be driven next year. Using a 2-year moving average, the forecast for year 6 (round your response to the nearest whole ..
imagine yourself in a situation of being encouraged by colleagues to inflate your expense account. what factors do you think would influence your choice? Explain.
If the value of a lost object is low enough, the estray statutes do not apply. Consequently, the finder has no legal obligation to advertise. Discuss the costs that need to be balanced to render the most efficient lower bound in the value of a lost o..
You and your colleagues examined three different conflict situations warranting disciplinary action: Chronic tardiness and absenteeism because the employee is taking care of an aging parent. Sexual harassment accused by a woman against another woman...
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