If a and B Are Any Two Events with P(A)=

question 116

Multiple Choice

If A and B are any two events with P(A) = 0.8 and P(B| ) = 0.7,then P( and B) is

• A)0.56.
• B)0.14.
• C)0.24.
• D)none of these choices.

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Definitions:

Weekly Demand Distribution

Analysis or data showing the variation in demand for a product or service during the week, aiding in resource planning and inventory management.

Lost Sales

Potential sales that were not realized due to stockouts, capacity issues, or other operational constraints.

Order Policy

Order Policy includes the rules or strategies a company uses to determine when and how much inventory to reorder.

Single-channel

Refers to a service or communication pathway that involves only one method or medium for customer interaction or data transmission.