Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

SECTION B: APPLICATION OF PROBABILITY CONCEPTS AND PROBABILITY DISTRIBUTIONS IN MANUFACTURING OR SERVICE ORGANISATION 2. Investigate one (1) manufacturing organisation OR (1) service organisation (using

SECTION B: APPLICATION OF PROBABILITY CONCEPTS AND PROBABILITY DISTRIBUTIONS IN MANUFACTURING OR SERVICE ORGANISATION
2. Investigate one (1) manufacturing organisation OR (1) service organisation (using web-search engine), where probability concepts or probability distributions discussed in the probability concepts and application have been applied around the globe. Note: you are expected to download an article using the google search engine and not Wikipedia documents, carefully read the article and thereafter summarize in your own words some specific sections of this article to answer the questions below. Your investigation should clearly indicate the following:
2.1) When the probability concept or probability distribution was adopted in the organisation. (4) 2.2) The operational problem(s) that prompted the need for the application of probability concept or
probability distribution in the organisation. (6) 2.3) A brief description of the solution procedure of the probability concept or probability distribution used in
the article, with a view to solve the operational problem(s) identified in the organisation. (i.e. the methodology)
(12)
2.4) The summary and importance of the probability concepts or probability distribution results obtained to solve the operational problem(s) identified in the organisation. (18)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions

Question

Which are non projected Teaching aids in advance learning system?

Answered: 1 week ago