Could It Be Possible That the Standard Deviation Is 0

question 22

Essay

Could it be possible that the standard deviation is 0?

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Definitions:

Sourcing

The process of finding, evaluating, and engaging suppliers of goods and services to fulfill business requirements.

Supply Chain Surplus

The total value created in a supply chain, measured as the difference between the value of the final product to the customer and the costs incurred in bringing the product to market.

Sourcing Processes

The procedures and steps taken by a company to identify, evaluate, and contract suppliers for goods and services.

Sourcing Strategy

The approach a company takes to determine how and where it will obtain its products or services.