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The Excel Function "=RAND()" Will Generate Uniformly Distributed Pseudorandom Numbers

question 36

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The Excel function "=RAND() " will generate uniformly distributed pseudorandom numbers that are:


Definitions:

Work Centre

A specific location in a manufacturing environment where a set of production activities are carried out by machines, labor, or both.

Infinite Capacity Scheduling

A theoretical approach to scheduling that assumes there are no limitations in production capacity, allowing for the exploration of potential output levels.

Finite Capacity

Refers to the limited resources, such as time, space, or equipment, that a system or process has available for use.

Unlimited Capacity

A theoretical condition where a system can handle any amount of workload without restrictions or limitations.

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