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Q. A manufacturer would like to survey users to determine the demand potential for a new power press. The new press has a capacity of 500 tons and cost $ 225,000. It is used for forming products from lightweight ad heavyweight steel can be used by auto mobile, construction equipment and major appliance manufacturers.

a. Classify the population and sampling frame that could be used.

b. Express how a simple random sample can be drawn using the identified

c. Could a stratified sample be used? If so, explain how?

d. Could a cluster sample be used? If so, explain how?

e. Which sampling technique would you recommend? Explain why?

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M9391715

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