Principal Component Analysis Describes _____

question 36

Multiple Choice

Principal component analysis describes _____.

• A) a method for identifying the variables in multidimensional scaling
• B) a method for identifying the variables in path analysis
• C) a method for reducing the number of variables in a factor analysis
• D) a method for reducing the number of variables in conjoint analysis
• E) None of the above

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Definitions:

Supply Chain Metrics

Quantitative measures used to assess the performance and efficiency of supply chain operations, including aspects like delivery times, costs, and inventory levels.

Performance Evaluation

The process of assessing and reviewing an employee's work performance by comparing it with preset standards and providing feedback.

Tohoku Earthquake

A magnitude 9.0 earthquake that struck off the coast of Japan on March 11, 2011, triggering massive tsunamis and leading to significant loss of life and the Fukushima Daiichi nuclear disaster.

Supply Chains

Networks of individuals, organizations, resources, activities, and technology involved in the production and sale of a product, from the delivery of source materials from the supplier to the manufacturer, and eventually to the end user.