Examlex
Which of the following statements is false?
Interval of Random Numbers
A range within which any number has an equal chance of being selected in a random selection process.
Expected Demand
The forecasted quantity of products or services that consumers will purchase in a given period, based on historical data, market trends, and other influencing factors.
Weekly Demand Distribution
Analysis or data showing the variation in demand for a product or service during the week, aiding in resource planning and inventory management.
Lost Sales
Potential sales that were not realized due to stockouts, capacity issues, or other operational constraints.
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