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Provide an appropriate response.
-Which of the variables below do you think will be roughly normally distributed?
a. Weights of 10 year old boys
b. Incomes of 40 year old adults
c. The numbers that show up when you roll a balanced die
d. The amount of coffee which a filling machine puts into " 4 ounce jars"
Standard Specification
A detailed document that describes the essential technical requirements for purchased materials, products, or services.
Supplier Technology
The technical capabilities and innovations offered by a supplier that can impact the quality, delivery, and cost of their products or services.
Total Costs of Ownership (TCO)
An evaluation of the total expenses associated with purchasing, operating, and maintaining a product over its entire lifecycle.
Standard Cost Models
Accounting models that use predetermined costs for calculating inventory valuations, cost of goods sold, and assessing operational efficiency.
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