DISTRIBUTION DEFINITION A distribution channel is a set of independent organizations involved in the process of making a product or service available to the consumer or a business user. IMPORTANCE OF DISTRIBUTION CHANNELS The main function of a distribution channel is to provide a link between production and consumption. Organisations that form any particular distribution channel perform many key functions: Information Gathering and distributing market research and intelligence - important
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Assignment Q1Find the parameters of binomial distribution when mean=4 and variance=3. Q2. The output of a production process is 10% defective. What is the probability of selecting exactly two defectives in a sample of 5? Q3. It is observed that 80% of television viewers watch “Boogie-Woogie” Programme. What is the probability that at least 80% of the viewers in a random sample of five watch this Programme? Q4. The normal rate of infection of a certain disease in animals is known to
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Type of distribution being used to analyze data Descriptive statistics: Using data gathered on a group to describe or reach conclusions about that same group only. Descriptive statistics are the tabular‚ graphical‚ and numerical methods used to summarize data. Collect‚ organize‚ summarize‚ display‚ analyze Eg: According to Consumer Reports‚ General Electric washing machine owners reported 9 problems per 100 machines during 2002. The statistic 9 describes the number of problems out of every
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I found the concept on frequency distribution using Google and the search words “frequency distribution” at http://www.mathsisfun.com/data/frequency-distribution.html This website is geared towards younger people and therefore breaks down frequency distribution into very basic terms: values and their frequency (how often each value occurs). The website uses the example of a child’s soccer team and how many goals they scored in recent games. For the assignment this week‚ I have chosen to use the
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supply chain evolution is characterized by both increasing value added and cost reductions through integration. A supply chain can be classified as a stage 1‚ 2 or 3 network. In a stage 1–type supply chain‚ systems such as production‚ storage‚ distribution‚ and material control are not linked and are independent of each other. In a stage 2 supply chain‚ these are integrated under one plan and is ERP enabled. A stage 3 supply chain is one that achieves vertical integration with upstream suppliers
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caused many environmental problems and health risks unless disposed properly. Excessive consumption of goods leads to unnecessary waste which takes up acres of limited landfill space. Processing and reusing the waste material to generate new product is clearly one of the solutions to tackle the problems of waste. Even though there are still alternatives such as incineration plants‚ landfills and education‚ I believe to a large extent that recycling is the answer to the problems of waste. Firstly
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DISTRIBUTION IN BANKING BUSINESS Distribution in financial services marketing is concerned with how the service is delivered to the customer‚ making sure that it is available in a place‚ at a time and in a format that is appropriate and convenient for the customer. In a growing number of countries‚ the expansion of the financial services sector has been accompanied by a significant blurring of lines between different institutional types with‚ for instance‚ retail banks offering insurance products
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CHAPTER 8. TRIP DISTRIBUTION NPTEL May 3‚ 2007 Chapter 8 Trip distribution 8.1 Overview The decision to travel for a given purpose is called trip generation. These generated trips from each zone is then distributed to all other zones based on the choice of destination. This is called trip distribution which forms the second stage of travel demand modeling. There are a number of methods to distribute trips among destinations; and two such methods are growth factor model and gravity
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Pros and Cons of a Tech Based Society Pros Of Technology In the 21st century‚ technology has become an increasing crucial part of everybody’s life – whether they admit it or not. In some cases‚ technology completely controls a person. Cell phones‚ laptops‚ television‚ videogames have come to be an accepted aspect of our everyday lives. The debate we set out to resolve today is whether or not this surge in technology is more beneficial or harmful to our education. We will attempt to reveal the
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The Virginia Tech massacre ‘’You caused me to do it …’’ – Seung-Hui Cho About the Virginia Tech massacre The Virginia Tech massacre was a school shooting that took place on April 16‚ 2007 on the campus of Virginia Polytechnic Institute and state University in Blacksburg.
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