Blastkrieg, a Chain of Audio Equipment Stores, Uses Computerized Inventory

question 27

Multiple Choice

Blastkrieg, a chain of audio equipment stores, uses computerized inventory control and customer self-service to eliminate the category of sales clerks from its force of employees. After diversifying into computer electronics, it now plans to employ the same concept in selling desktop PCs and laptops. Which of the following is an assumption made in Blastkrieg's strategy?

• A)All computer electronics stores use a similar strategy.
• B)Sales personnel are not required for selling computer electronics successfully.
• C)The same kind of computers will be used in inventory control for both audio equipment and electronics at Blastkrieg.
• D)A self-service strategy cannot be employed without computerized inventory control.
• E)Sales clerks are the only employees of Blastkrieg who could be assigned tasks related to inventory control.

Analyze the distribution of outcomes in probability scenarios to calculate expected values and variability.

Interpret the effects of linear transformations on the mean and standard deviation in a given context.

Determine the impact of combining independent random variables on the mean and standard deviation.

Calculate expected outcomes and variability for combined events in a probability model.

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Definitions:

General Purpose

The broad intent of a message—to inform, to persuade, or to collaborate with the audience.

Proposal

A formal suggestion or plan, often in business, for consideration or action.

Persuade

The act of convincing someone to do or believe something through reasoning or argument.

Close

To conclude or bring to an end; in financial contexts, it refers to the end of a trading session.