Given the trade-offs between efficiency and effectiveness, managers should strive for the highest. Select one: O a. efficiency given the effectiveness goals O b. efficiency of the process c. effectiveness with customer goals d. customer satisfaction levels

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Given the trade-offs between efficiency and effectiveness, managers should strive for the highest
Select one:
a. efficiency given the effectiveness goals
b. efficiency of the process
c. effectiveness with customer goals
d. customer satisfaction levels
The braking system on a vehicle has two major components both of which must function in order that the breaks will work as intended. Assuming that
the first component has a reliability of 96%, and the second a reliability of 99%. If the first brake component in the system is given a backup with
reliability of 90%, then the overall reliability of the system will
Select one:
a. increase
b. remain unchanged
c. decrease
d. none of the above
O O O O
Transcribed Image Text:Given the trade-offs between efficiency and effectiveness, managers should strive for the highest Select one: a. efficiency given the effectiveness goals b. efficiency of the process c. effectiveness with customer goals d. customer satisfaction levels The braking system on a vehicle has two major components both of which must function in order that the breaks will work as intended. Assuming that the first component has a reliability of 96%, and the second a reliability of 99%. If the first brake component in the system is given a backup with reliability of 90%, then the overall reliability of the system will Select one: a. increase b. remain unchanged c. decrease d. none of the above O O O O
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