Exhibit 5-1 The Following Represents the Probability Distribution for the Daily Demand

question 106

Multiple Choice

Exhibit 5-1
The following represents the probability distribution for the daily demand of computers at a local store.
-Refer to Exhibit 5-1. The probability of having a demand for at least two computers is

• A)0.7
• B)0.3
• C)0.4
• D)1.0

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Definitions:

Scrap Value

The estimated residual value of an asset after it has reached the end of its useful life, often associated with the material worth of its components.

Charge

A fee or cost for a service rendered or a penalty for a wrongdoing.

Voice-Activated

Technology that allows devices or software to be controlled through spoken commands, facilitating hands-free operation.

Thought-Activated

Technology or systems controlled by human thought, without the need for physical interactions.