Examlex
After a heavy snow, the city of Boston spends millions of dollars plowing the streets. Suppose the amount of time the city must spend before the streets are clear follows a log-normal distribution. Further suppose that the average amount of time is 12 hours and the standard deviation is 5 hours. What percentage of the time does it take more than 10 hours for the streets to be cleared?
Buying Center
A team within a company that is in charge of deciding what to buy.
Whole Grain Flour
A type of flour that includes all parts of the grain kernel, such as the bran, germ, and endosperm, offering more nutrients than refined flours.
Modified Rebuy
A buying situation in which an organization re-evaluates options for repurchasing a good or service.
Straight Rebuy
A routine purchase of the same goods or services without seeking new information or considering other suppliers.
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