Examlex
The closing price of a company's stock tomorrow can be lower,higher or the same as today's closed.Without any prior information that may affect the price of the stock tomorrow,the probability that it will close higher than today's close is 1/3.This is an example of using which of the following probability approach?
Quantity Discounts
Reductions in price per unit based on the amount of goods purchased, used as an incentive for buyers to purchase larger quantities.
Price Discounts
Reductions in the selling price of goods or services, often used as a strategy to increase sales volume and attract customers.
Multiechelon Supply Chain
A complex network of supply chain stages including suppliers, manufacturers, and distributors that work together to deliver products to the end consumer.
High Demand
Refers to a situation where the need or desire for a product or service exceeds the available supply within the market.
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