Consider the Following to Answer the Question(s) Below

question 22

Multiple Choice

Consider the following to answer the question(s) below:
During its grand opening week, Stickler's bicycle shop offers a "wheel of discount savings." After customers select the items they wish to purchase, they spin the wheel to determine the discount they will receive. The wheel is divided into 12 slices. Six slices are red and award a 10% discount, three slices are white and award a 20% discount, and two slices are blue and award a 40% discount. The remaining slice is gold and awards a 100% discount!
-The probability that a customer gets a 10% or 20% discount is

• A) 3/12.
• B) 2/12.
• C) 0.0625.
• D) 9/12.
• E) 10/12.

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Definitions:

Strategic Plans

Long-term action plans designed to position an organization for competitive advantage and successful achievement of its overall goals.

Operational Plans

Detailed plans outlining how the strategic goals of an organization will be achieved through specific actions within a short to medium timeframe.

Facilities Plan

A strategic plan that outlines the physical resources, spaces, and environments necessary for an organization to operate efficiently.

Layout

The planned arrangement of elements in a space, such as equipment and stations in a factory, to optimize operations and workflows.