Match the Term with Its Definition

question 58

Multiple Choice

Match the term with its definition. Some terms may not be used.
-The planning and control of a conversion process that includes turning inputs into outputs that customers desire

• A)Acceptance sampling
• B)Attributes
• C)Bottleneck
• D)Constraint
• E)Inspection
• F)ISO 9000
• G)Operations
• H)Operations management
• I)Poka-yoke
• J)Quality
• K)Total quality management
• L)Variables

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Definitions:

Global-minimum Variance Portfolio

An investment portfolio that is constructed to have the lowest possible risk (variance) for a given rate of return.

Investment Opportunity Set

The set of available investment choices available to an investor, considering their risk tolerance and time horizon for investing.

Securities

Financial instruments that represent an ownership position in a publicly-traded corporation, a creditor relationship with a governmental body or a corporation, or rights to ownership as represented by an option.

Nonsystematic Risk

Nonmarket or firm-specific risk factors that can be eliminated by diversification. Also called unique risk, firm-specific risk, or diversifiable risk. Systematic risk refers to risk factors common to the entire economy.