Which One of the Following Statements Is Best

question 51

Multiple Choice

Which one of the following statements is best?

• A) A P system requires more safety stock than a Q system.
• B) A P system lends itself more to quantity discounts than does a Q system.
• C) A P system requires more administrative control and computer support than does a Q system.
• D) In a periodic review system, the value of Q is kept the same from one cycle to another.

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Definitions:

Directional Null Hypothesis

A type of null hypothesis that specifies the direction of the difference or association between two variables.

Directional Alternative Hypothesis

Alternative hypothesis that indicates the direction of the change, difference, or relationship.

Non-directional Alternative Hypothesis

A hypothesis that predicts a change in the dependent variable but does not specify the direction of the change.

Non-directional Null Hypothesis

A hypothesis that specifies no expected direction of the observed effect, stating simply that there is no association between the variables under investigation.