The Probability Distribution for the Number of Automobiles Lined Up

question 85

Multiple Choice

The probability distribution for the number of automobiles lined up at a Lakeside Olds dealer at opening time (7:30 a.m.) for service is: On a typical day, how many automobiles should Lakeside Olds expect to be lined up at opening time?

• A) 10.00
• B) 1.00
• C) 2.85
• D) 1.96

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Definitions:

PDCA Cycle

A management method used for continuous improvement, standing for Plan-Do-Check-Act.

Continuous Improvement

An ongoing effort to enhance products, services, or processes by making incremental improvements over time.

Lean Business Model

A strategic approach focused on maximizing customer value while minimizing waste, improving overall efficiency.

Management Practices

The strategies, methods, and techniques used by managers to administer, direct, and control business operations.