An Industrial Engineer Is Conducting a Time Study for a Work

question 35

Multiple Choice

An industrial engineer is conducting a time study for a work element.The select time is 7.5 minutes,and the sample standard deviation of the observed time is one minute.What is the appropriate sample size if the estimate is to be 3 percent of the true average time 95 percent of the time?

• A) Fewer than or equal to 70
• B) Greater than 70 but fewer than or equal to 80
• C) Greater than 80 but fewer than or equal to 90
• D) Greater than 90

Recognize prohibited practices under antitrust laws such as tying contracts and monopolistic behaviors.

Distinguish between different antitrust acts (e.g., Sherman Act, Clayton Act) and their objectives.

Analyze notable antitrust cases and their impact on the enforcement of antitrust laws.

Discern the roles of various governmental bodies and legislation in antitrust enforcement.