A common probability distribution used for relatively easy and short processes is the?

a. Erlang
b. Poisson
c. Normal
d. Exponential


d. Exponential

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The owner of a pet store ordered $200 worth of bird feed from Cadmia Avicultural Research Inc. The invoice dated October 18 that was sent to the store owner mentioned "3/10, EOM." This detail indicates that if the store owner pays the bill on November 2:

A. the price will be tripled. B. he will get a 3 percent discount. C. the price will increase by 3 percent. D. he will get a 10 percent discount. E. he will get no discount.

Business

If the merchandise received is damaged or unsatisfactory or if the prices charged are not in accordance with an existing agreement, an adjustment may be made that is referred to as a discount

Indicate whether the statement is true or false

Business

Line balancing refers to ______.

A. the organization of production such that costs of different process are equal B. the assignment of production tasks in such a way that the time required to complete them is approximately equal across workstations C. the identification of time requirements for a line of production to produce one unit D. the organization of production tasks in such a way that the cost of parts required to complete them is approximately equal across workstations

Business

Mowday suggested that equity theories can also be applied to _________ exchange relationships in organizations.

A) Social B) Political C) Economical D) Cultural

Business