The Probabilities and the Number of Automobiles Lined Up at a Lakeside

question 2

Multiple Choice

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

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

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Definitions:

Keiretsu

A Japanese term that describes suppliers who become part of a company coalition.

Japanese Manufacturers

Companies based in Japan known for their emphasis on quality, innovation, and efficient production techniques, often within the automobile and electronics industries.

Local Optimization

A process of optimizing a specific area or department within an organization without necessarily considering its impact on the whole system.

Global Optimization

Global Optimization is the process of finding the best possible solution or achieving the highest efficiency across all possible solutions in a given mathematical model or situation.