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Simulation: A Method for Testing Sample Effectiveness.

Published in Academy of Management Proceedings • Aug 1, 1974
Authors:
Kenneth D. Ramsing

Abstract

A major wood products company had moved to sample scaling (measuring) to determine the volume of logs entering the milling area on trucks. Because of the high cost of measuring all loads, the sampling technique was employed. However, the company had no efficient or low-cost way of measuring the cost...

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