For the Binomial Distribution with N=24 and

question 54

Multiple Choice

For the binomial distribution with n=24 and p=0.6 , state whether or not it is suitable to use the normal distribution as an approximation.

• A) Normal approximation is suitable.
• B) Normal approximation is not suitable.

Understand the implications of reducing lot size to one in JIT and lean production.

Understand the use of kanban signals within a production system.

Identify Ohno's Seven Wastes and their implications for lean operations.

Describe real-world applications of lean operations in hospitals and restaurants.

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