Which of the Following Statements Is Correct

question 56

Multiple Choice

Which of the following statements is correct?

• A) Slope is the ratio of the vertical change (the rise or fall) to the horizontal change (the run).
• B) A direct relationship is one in which two variables change in the opposite direction.
• C) An inverse relationship is one in which two variables change in same directions.
• D) An independent relationship is one in which two variables are upward sloping.

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Definitions:

Total Quality Management

A comprehensive approach to long-term success through customer satisfaction, focusing on continuous improvement in all organizational processes.

Just-in-Time Manufacturing

Just-in-Time Manufacturing is a production model that aims to reduce in-process inventory and associated carrying costs by producing goods only as they are needed.

Customer Deliveries

The process or action of delivering goods to customers, often involving logistics, scheduling, and ensuring the right products reach customers in a timely manner.

Lean Business Model

A strategy focused on creating value for the end customer with the least possible waste, emphasizing efficiency and the elimination of non-value-added activities.