Examlex
For a company concentrating on final assembly, adding retail and distribution into its value chain will require:
Uniformly Distributed
In relation to statistical distributions, it signifies a scenario where values are spread out in such a way that every value within a certain range is equally probable.
Travel Time
The duration required to move from one location to another.
Probability
A numerical expression ranging between 0 and 1 that indicates how likely an event is to take place.
Normally Distributed
A type of distribution where data is symmetrically distributed around the mean, forming a bell-shaped curve.
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