When Using the Normal Distribution to Approximate Demand, Which of the Following

question 11

Multiple Choice

When using the normal distribution to approximate demand, which of the following is not true?

• A)We assume demand is normally distributed.
• B)We assume demand is a random variable.
• C)We assume 50 percent of the time demand is less than the mean.
• D)We assume the fixed cost follows a normal distribution.

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Definitions:

Organizational Behavior Model

A framework used to understand and analyze how individuals behave within organizations, considering factors like structure, culture, and dynamics.

Levels of Analysis

Various perspectives from which social research can consider subjects, ranging from individual to societal scales.

Organizational Behavior

The study of how individuals and groups act within the contexts of organizations, and how these behaviors affect the performance of the organization.

Strategic OB Approach

The idea that people are the key to productivity, competitive edge, and financial success.