Automating some activities at a nonbottleneck resource simply increases the amount of idle time for that resource without making the process more efficient. True False

Financial information that is capable of making a difference in a decision is

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Two assets have the following expected returns and standard deviations when the risk-free rate is 5%: asset a e(ra) = 18.5% σa = 20% asset b e(rb) = 15% σb = 27% an investor with a risk aversion of a = 3 would find that on a risk-return basis. a. only asset a is acceptable b. only asset b is acceptable c. neither asset a nor asset b is acceptable d. both asset a and asset b are acceptable