In a Manufacturing Model,we Might Simulate the Number of Days

question 51

Multiple Choice

In a manufacturing model,we might simulate the number of days to produce a batch and the yield from each batch.The number of days would typically be a ____ distribution and the yield would be a ____ distribution.

• A)continuous; discrete
• B)continuous; continuous
• C)discrete; continuous
• D)discrete; discrete

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Definitions:

General Journal

A primary accounting record where financial transactions are initially recorded, before posting to specific accounts in the ledger.

Credit Entries

Accounting entries that increase liabilities, equity, and income accounts, or decrease asset and expense accounts.

Special Journal

A financial journal designed for recording a specific type of transaction in a more efficient manner, such as sales or purchases.

Subsidiary Ledger

An elaborate record book holding specific subsidiary accounts linked to a principal account, including accounts receivable and accounts payable.