When Should a Researcher NOT Use a Sample

question 60

Multiple Choice

When should a researcher NOT use a sample?

• A)When no list of the population is available.
• B)When all units in the population are identical.
• C)When the population is stratified.
• D)When the population is not clustered.

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Definitions:

Order Cost

The total expenses associated with placing an order for goods or services, including procurement, delivery, and handling fees.

Carrying Cost

The total expense associated with holding inventory, including storage costs, insurance, and loss due to depreciation or obsolescence.

Total Cost

The aggregate of all costs, whether fixed or variable, incurred in producing goods or services.

Carrying Cost

The total expenses associated with maintaining inventory, encompassing storage costs, insurance fees, and taxes.