What Is the Key to Establishing Criterion Validity

question 76

Multiple Choice

What is the key to establishing criterion validity?

• A)number of criteria
• B)quality of criterion
• C)type of correlation
• D)predictive ability

---

Definitions:

Phantom Bills

Virtual or imaginary bills of materials used for planning and process mapping without affecting actual inventory.

Bills Of Material

A comprehensive list detailing all raw materials, components, and assemblies required to produce a finished product.

Variable Lead Times

Occurs when the time it takes for suppliers to deliver materials or components fluctuates, affecting inventory management and production planning.

MRP

Material Requirements Planning is a methodology used in manufacturing to identify the materials needed and organize the production schedule effectively.