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

question 34

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.
• E)All of the above are true.

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