Examlex

Solved

On the Average, 1

question 121

Multiple Choice

On the average, 1.8 customers per minute arrive at any one of the checkout counters of a grocery store. What type of probability distribution can be used to find out the probability that there will be no customer arriving at a checkout counter?


Definitions:

AAR

Average Annual Return; calculating the mean annual return of an investment over a specified time period.

Discounted Payback

An investment appraisal method that calculates the time required to break even in present value terms, factoring in the time value of money.

Operating Cash Flow

The cash generated from the normal operating activities of a business in a specific time period.

Net Working Capital

The difference between a company's current assets and current liabilities, used to measure its short-term financial health.

Related Questions