Demand Is Estimated to Be 800 Units

question 40

Multiple Choice

Demand is estimated to be 800 units.If Z is taken to be 1.5,when the estimated average demand is 400 units,determine σ for these data.

• A)71,111
• B)-71,111
• C)266
• D)-266
• E)None of the above

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Definitions:

Purchase Decision

The process and outcome of evaluating and choosing from available products or services, culminating in the act of buying.

Purchase Decision

The process and outcome of making a choice to buy a product or service after considering various factors and alternatives.

Award Contract

The act of formally selecting a vendor or supplier to provide goods or services through a contractual agreement after a bidding process.

Postpurchase Evaluation

The process by which consumers assess their satisfaction with a product after they have bought and used it.