Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

1. Which of the following is true for binomial distribution?

A. Can be used to approximate many other distibutions.

B. Is an example of a discrete distribution

C. All outcomes are equl-proabable(Probability is the same for all outcomes)

D. The two possible outcomes, Success and Failute are equalprobable

2. Which of the following is false?

A. Probabilities of varios scenarios can be incorporated

B. You work from left to right to find the optimal decision

C. Decision trees can be used to model uncertainty

D. Decision trees consist of modes and branches

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92492910

Have any Question?


Related Questions in Operation Management

A town in california is broke the city had been warned

A town in California is broke. The city had been warned several times over the last few years that it did not have enough money to pay out future pensioners. There is a law that says the town must pay promised benefits. ...

1 most brokers will set a minimum level of commissions that

1. Most brokers will set a minimum level of commissions that must be earned by a sales associate becoase of a) association fees b) insurance fees c) secretarial costs d) desk costs 2. How is "Comparable worth" translated ...

1 at a stote demand during leadtime for bottoles of milk is

1. At a stote, demand during leadtime for bottoles of milk is normal with a mean of 50 and standard deviation of 15. How many additional bottles of milk must be on-hand when placing the order so that the service level is ...

For this and the following assignments which will become a

For this and the following assignments, which will become a major part of your portfolio, you will take on the role of a consultant for a government agency. The first role of the consultant is to familiarize yourself wit ...

1 give reasons why a company would expand through

1. Give reasons why a company would expand through franchising rather then through the setting up of its own branches. 2. Name five occasions in the absence of an employment relationship when an agent's authority may be ...

1 annually a bookstore sells about 900 copies of the art of

1. Annually a bookstore sells about 900 copies of The Art of the Steal. The cost of the book is $20 and the cost of ordering a batch of books from the publisher is $16. The annual cost of holding a book is estimated at a ...

Final project for business ethics comparative analysis of

Final Project for Business Ethics: comparative analysis of two companies that are direct competitors. I am asking you to evaluate and then create a summary for comparison of the following material from both company web s ...

There are a variety of factors that can affect the overall

There are a variety of factors that can affect the overall performance rating of an individual. Aguinis (2013) defines two methods—(1) judgmental and (2) mechanical If you had to describe the mechanical method, how will ...

Project management analytics exercisethis is an example of

Project Management Analytics Exercise This is an example of a construction project. The construction for a large corporate building must be started by February 19th and completed by the end of the year. The legal contrac ...

1 identify a research question that work well with grounded

1. Identify a research question that work well with Grounded Theory Approach.  200 words only. 2. How we can design a matrix setting out the learning programme for the first month of employment. This will include an indi ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As