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NEW QUESTION 29
The decision rule that selects the strategy with the highest utility payoff if the worst state of nature occurs is the

• A. Maximize utility rule.
• B. Maximin rule.
• C. Minimize regret rule.
• D. Maxi max rule.

Answer: B

Explanation:
The maximin rule determines the minimum payoff for each decision and then chooses the decision with the maximum minimum payoff. It is a conservative criterion adopted by risk averse players, that is, those for whom the disutility of a loss exceeds the utility of an equal gain.

NEW QUESTION 30
Which of the following is false with regard to Internet connection firewalls?

• A. Firewalls provide network administrators tools to retaliate against hackers.
• B. Firewalls can protect against computer viruses.
• C. Firewalls may be software-based or hardware-based.
• D. Firewalls monitor attacks from the Internet.

Answer: B

NEW QUESTION 31
Conformance is how well a product and its components meet applicable standards.
According to the robust quality concept,

• A. Every unit should reach a target value.
• B. The goal is for all units to be within specifications.
• C. Units are acceptable if their characteristics lie within an acceptable range of values.
• D. A certain percentage of defective units is acceptable.

Answer: A

Explanation:
Conformance is how well a product and its components meet applicable standards. The traditional view is that conforming products are those with characteristics that lie within an acceptable specified range of values that includes a target value. This view also regarded a certain percentage of defective nonconforming) units as acceptable. The traditional view was superseded by the zero-defects approach that sought to eliminate all nonconforming output.
An extension of this approach is the robust quality concept. Its goal is to reach the target value in every case. The reason is that hidden quality costs occur when output varies from the target even though the units are within specifications.

NEW QUESTION 32
A local area network LAN) is best described as a(n):

• A. Computer system that connects computers of all sizes, workstations, terminals, and other devices within a limited proximity.
• B. Electronic library containing millions of items of data that can be reviewed, retrieved, and analyzed.
• C. Method to offer specialized software, hardware, and data handling techniques that improve effectiveness and reduce costs.
• D. System to allow computer users to meet and share ideas and information.

Answer: A

Explanation:
A LAN is a local distributed computer system, often housed within a single building. Computers, communication devices, and other equipment are linked by dedicated channels. Special software facilitates efficient data communication among the hardware devices.

NEW QUESTION 33
What is the total contribution to corporate profits generated by Division A before allocation of central corporate expenses?

• A. US $30,000
• B. US $20,000
• C. US $18,000
• D. US $90,000

Answer: A

Explanation:
Division As total contribution to corporate pr: ruits includes everything except the central corporate expense allocation. Thus, the total contribution is US $31'_1,000 $150,000 sales
* $10,000 other revenue - $30,000 direct materials - $20,000 direct labor- $5,001'_i variable overhead - $25,000 fixed overhead - $15,000 variable S '.A e i n-,e - $35,000 fixed c .-,:{-pease).

A and B, are autonomous divisions of a corporation. They have no beginning or ending
inventories, and the number of units produced is equal to the number of un1Ls sold. Following is financial information relating to the two divisions:

NEW QUESTION 34
......

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