Demand in each period follows the same normal distribution (i.e., there is one demand distribution that represents demand in any single period). Assuming demand is independent across periods, which of the following statements about mean demand over five periods is true? a. It equals the mean of demand over one period. b. It is greater than the mean of demand over one period but less than five times the mean of demand over one period. c. It equals five times the mean of demand over one period. d. It is even more than five times the mean of demand over one period.
Demand in each period follows the same normal distribution (i.e., there is one demand distribution that represents demand in any single period). Assuming demand is independent across periods, which of the following statements about mean demand over five periods is true? a. It equals the mean of demand over one period. b. It is greater than the mean of demand over one period but less than five times the mean of demand over one period. c. It equals five times the mean of demand over one period. d. It is even more than five times the mean of demand over one period.
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 33P: Assume the demand for a companys drug Wozac during the current year is 50,000, and assume demand...
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Demand in each period follows the same
periods, which of the following statements about mean demand over five periods is true?
a. It equals the mean of demand over one period.
b. It is greater than the mean of demand over one period but less than five times the mean
of demand over one period.
c. It equals five times the mean of demand over one period.
d. It is even more than five times the mean of demand over one period.
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