Affirmative Action Commitments by Industrial Organizations Have Led to an Increase

question 77

Multiple Choice

Affirmative action commitments by industrial organizations have led to an increase in the number of
Women in executive positions. Satellite Office Systems has vacancies for two executives that it will
fill from among four women and six men.
What is the probability that exactly one woman is selected?

• A) 8/15 = 0.533
• B) 3/5 = 0.60
• C) 2/3 = 0.667
• D) 3/4 = 0.75

Understand the principles of supply chain management and the impact of supply chain decisions on the profitability and efficiency of businesses.

Assess the benefits and challenges of various supply chain contracts, including buyback or returns contracts, revenue-sharing contracts, quantity flexibility contracts, and quantity discount contracts.

Calculate optimal order quantities and expected profit for different retail scenarios.

Analyze the effect of demand distribution on supply chain strategies.

---

Definitions:

Clitellum

A thickened, glandular section of the body found in certain worms, like earthworms, important for reproduction.

Cocoon

A protective casing spun by the larvae of many insects (like moths and butterflies) and some other animals, where they undergo metamorphosis into their adult forms.

Clams

Aquatic bivalve mollusks known for their soft bodies enclosed within a hinged shell, often consumed as seafood or used in research.

Filter-Feeders

Organisms that feed by straining suspended matter and food particles from water, commonly found in aquatic environments.