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Exhibit 5-5
AMR is a computer-consulting firm. The number of new clients that they have obtained each month has ranged from 0 to 6. The number of new clients has the probability distribution that is shown below.
-Refer to Exhibit 5-5. The expected number of new clients per month is
Intermediary
A third party that acts as a mediator or middleman between two entities in a business transaction, facilitating the process.
Indirect Exporting
A method of entering foreign markets by selling products to intermediaries, who in turn sell them to customers in the target market, rather than direct exporting.
Harley-Davidson
An iconic American motorcycle manufacturer known for its heavyweight motorcycles and distinctive brand culture.
Foreign Assembly
The practice of assembling products in a country different from where the components were manufactured, often to save labor costs or avoid import tariffs.
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