Sociologists Create A(n)______________,which Is an Explanation of an Abstract Concept

question 140

Multiple Choice

Sociologists create a(n) ______________,which is an explanation of an abstract concept in terms of observable features that are specific enough to measure the variable.

• A)correlational definition
• B)operational definition
• C)policy statement
• D)interpretative definition

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Definitions:

Order Cost

The total expense incurred in placing and processing an order, including administrative expenses, shipping charges, and any other relevant costs.

Carrying Cost

The total cost of holding inventory, including storage, insurance, and opportunity costs, among others.

Fixed-Period System

An inventory management system where stock levels are checked at fixed intervals and replenished as necessary, regardless of the inventory level.

Service Level

A measure of the quality of service provided, often defined by the percentage of customer demands met within a certain time period.