Use of a Computer-Aided Telephone Interview Means That

question 31

Multiple Choice

Use of a computer-aided telephone interview means that:

• A) preliminary tabulations of responses are available almost immediately, because the data are already stored in memory.
• B) key information that the respondent has given early in the interview can be used to tailor the questionnaire to that individual.
• C) personal interviews need to be conducted at central locations rather than door to door because of the need for electronic hook-up.
• D) Both a and
• E) a, b, and c.

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Definitions:

Mathematical Model

A symbolic representation of real-world phenomena using variables, equations, and/or logical relationships to describe and predict behaviors or outcomes.

Stockout Cost

The cost associated with running out of stock, including lost sales, backorders, and potentially reduced customer satisfaction and loyalty.

Inventory Holding Cost

Expenses related to storing unsold goods, including warehousing, insurance, depreciation, and opportunity costs.

Subcontractingcost

The expense incurred when a business hires outside contractors to perform tasks that could be done internally or as part of a project.