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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