Shaun Is Gambling and Is Told That There Is a 70

question 99

Multiple Choice

Shaun is gambling and is told that there is a 70% chance that he will win the bet.Kevin is also gambling and is told that there is a 30% probability that he will lose the bet.Stuart is gambling and he has been told that he has a 50% chance that he will lose the bet.Based on the research by De Martino described in Module 14,which person is most likely to gamble more?

• A) Shaun
• B) Kevin
• C) Stuart
• D) it is impossible to predict based on the information presented

---

Definitions:

Pull Manufacturing

A production strategy where work is initiated based on customer demand, as opposed to pushing inventory based on projected demand.

Stock Inventory

Goods, materials, or commodities held by a business for the purpose of resale or production.

Lean Manufacturing

A methodical technique for minimizing waste in a manufacturing environment without reducing output.

One Operation

This term is not clearly defined in standard financial or accounting practices, it could refer to a process or task that is completed in a single step. NO.