A Sample That Is Selected to Resemble the Entire Population

question 21

Multiple Choice

A sample that is selected to resemble the entire population in its percentage of males and females, blacks and whites, and other factors is said to be a

• A) random sample.
• B) representative sample.
• C) normal distribution.
• D) control group.

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Definitions:

Supply Sources

Supply sources are origins or places from which goods, materials, or resources are obtained to fulfill the needs of production or consumption.

MRP

Material Requirements Planning, a system for managing manufacturing processes by ensuring that materials and products are available for production and delivery at the right time.

Computer-based Production Planning

The use of computer systems and software to plan, coordinate, and optimize the production process in manufacturing.

Inventory System

A mechanism for tracking and managing an organization's goods throughout their lifecycle, from procurement to sale.