Simulation models are limited to using standard probability distributions such as Poisson, exponential, normal, etc
Indicate whether the statement is true or false
FALSE
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Dean recently had a BRZ broadband connection installed. However, the connection was poor and he didn't get the quality he required. He contacted BRZ about the problem, but the company did not solve his problem. Dean switched to Blue Broadband
Which of the following was the cause of Dean's switching behavior? A) involuntary switching B) competition C) response to service failure D) service encounter failures E) inconvenience
In a southern state, it was revealed that 5% of all automobiles in the state did not pass inspection. Of the next ten automobiles entering the inspection station, a.what is the probability that none will pass inspection?b.what is the probability that all will pass inspection?c.what is the probability that exactly two will not pass inspection?d.what is the probability that more than three will not pass inspection?e.what is the probability that fewer than two will not pass inspection?f.Find the expected number of automobiles not passing inspection.g.Determine the standard deviation for the number of cars not passing inspection.
What will be an ideal response?
Which of the following statements regarding the traditional manufacturing environment is not true?
A) Machines are often put into "manufacturing cells" whereby dissimilar machines are grouped together. B) Raw material is "pushed" to the next production area in anticipation of customer demand. C) Manufacturers often have raw material, work in process, and finished goods inventory on hand. D) Buffers of inventory may result in workers being less efficient.
The coupon rate of interest on a bond can be lower than the market rate of interest
Indicate whether the statement is true or false