Which of the Following Is a Continuous Random Variable

question 23

Multiple Choice

Which of the following is a continuous random variable?

• A)The number of employees of an automobile company.
• B)The amount of milk produced by a cow in one 24-hour period.
• C)The number of gallons of milk sold at Albertson's grocery store last week.
• D)None of these choices.

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Definitions:

Supply Uncertainty

Refers to the unpredictability in the availability and timely delivery of materials and resources needed for production.

Required Levels

The specified minimum or maximum amounts of resources, inventory, or capacity needed to meet operational demands.

Demand During Lead Time

The quantity of a product or service that is expected to be sold or used during the period it takes for an order to be delivered or replenished.

Review Period

a set time frame during which performance, inventory levels, or supply chain activities are assessed and evaluated for efficiency and effectiveness.