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ASQ CMQ/OE Questions & Answers | Questions with 100% Correct Answers | Updated & Verified
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In selecting among different projects, the time value of money is considered for which of the following reasons? I. To perform a cost-benefit analysis II. To prioritize investments III. To predict... cash flow IV. To reduce operating costs a) I, II, and III only b) I, II, III, and IV c) III and IV only d) I and II only - ✔✔(D) The time value of money is considered to perform a cost-benefit analysis and prioritize investments. Q. The best tool for discovering relationships between two groups of ideas is a: I. Force field analysis II. Matrix diagram III. Prioritization matrix IV. Process Decision Program Chart (PDPC) - ✔✔(II) A matrix diagram will effectively uncover relationships between two groups of ideas Which of the following is the biggest problem in cost-benefit analysis? [Show More]
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