Subjective Linear Models

question 54

Multiple Choice

Subjective linear models:

• A) consistently outperform unaided human judgments
• B) rarely outperform unaided human judgments
• C) perform about the same as unaided human judgments
• D) never outperform unaided human judgment
• E) The data are ambiguous regarding unaided human judgments and linear models

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Definitions:

Six Sigma

A set of techniques and tools for process improvement aimed at reducing defects and improving quality.

Lean Enterprise Management

An approach focusing on reducing waste within manufacturing systems while simultaneously maximizing productivity and creating value for the customer.

Theory Of Constraints

A management philosophy focusing on identifying and managing bottlenecks that limit the performance of a system.

Supply Chain

A network of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer.