It Is Reported That 7% of the Super Star Scratch-And-Win

question 72

Multiple Choice

It is reported that 7% of the Super Star scratch-and-win lottery tickets are winners.If you scratch 250 tickets, what is the expected number of winners?

• A)19.8
• B)22.6
• C)17.5
• D)27.4
• E)29.1

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Definitions:

Supply Chain Cost

The total expenses incurred in the production, transportation, and distribution of goods or services within a supply chain.

Decision Phases

The stages in the process of making choices or decisions, typically including problem identification, solution search, evaluation and selection, and implementation.

Supply Chain Operation

The day-to-day activities and processes involved in moving goods from suppliers to customers, including production, storage, and distribution.

Customer Relationship Management

A strategy for managing an organization's interactions with current and potential customers, aiming to improve business relationships and increase customer loyalty and retention.