Multiple Choice
An automobile manufacturer changes from using skilled labour to using computer-controlled assembly procedures.What impact will the past data have with respect to costs?
A) Past data is useful in predicting future costs.
B) Past data is of little or no value in predicting future costs.
C) Past data is should be used without adjustments to predict future costs.
D) Past data is representative of future costs.
Correct Answer:

Verified
Correct Answer:
Verified
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