Manager of the Consumer Products Business Organization of the Hewlett Packard Company (HP) is considering to start selling printers directly to consumers via new electronic channel since he had already sell refurbished printers via internet outlet. He wants to know what products to sell‚ what prices to set and how to manage with current distribution partners. HP was founded in 1939 by Bill Hewlett‚ and Dave Packard. The business started by selling technological and innovative products to business‚ and
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The Normal and Lognormal Distributions John Norstad j-norstad@northwestern.edu http://www.norstad.org February 2‚ 1999 Updated: November 3‚ 2011 Abstract The basic properties of the normal and lognormal distributions‚ with full proofs. We assume familiarity with elementary probability theory and with college-level calculus. 1 1 DEFINITIONS AND SUMMARY OF THE PROPOSITIONS 1 Definitions and Summary of the Propositions ∞ √ Proposition 1: −∞ 2 2 1 e−(x−µ) /2σ
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Panadol mainly need wide distribution since the consumers do not want to go and seek everywhere for medicine when they need it. They need the products of Panadol to appear everywhere and it large amount so it is easy for them to purchase for their emergencies. For the case of medicine‚ the service level required is not so high. Therefore‚ based on the customers’ needs‚ the objectives of the Panadol Company regarding the distribution channel will have to be wide distribution. Their products must be
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Marks: 1 Assume that X has a normal distribution‚ and find the indicated probability. The mean is μ = 60.0 and the standard deviation is σ = 4.0. Find the probability that X is less than 53.0. Choose one answer. a. 0.5589 b. 0.0401 c. 0.9599 d. 0.0802 Question2 Marks: 1 Use the given degree of confidence and sample data to find a confidence interval for the population standard deviation. Assume that the population has a normal distribution. Weights of eggs: 95% confidence;
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Population distribution is how people are dispersed over a given area. Population distribution is measured by persons per square kilometer. An area (or country) can be densely populated‚ which means there is a high concentration of persons per square kilometer‚ or sparsely populated‚ which means there is a low concentration of persons per square kilometer. The distribution of population can be influenced by both physical and human factors. Physical factors include relief‚ climate‚ vegetation‚ soil
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Special Probability Distributions Chapter 8 Ibrahim Bohari bibrahim@preuni.unimas.my LOGO Binomial Distribution Binomial Distribution In an experiment of n independent trials‚ where p is a the probability of a successful outcome q=1-p is the probability that the outcome is a failure If X is a random variable denoting the number of successful outcome‚ the probability function of X is given P X r nCr p r q nr Where q=1-p r=0‚1‚2‚3‚….. X~B(n‚p) The n trials
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CHAPTER 8 Distribution Channels and Logistics Management Objective: examining the nature and role of the channels in attracting and satisfying customers The Nature of Distribution Channels • Distribution channels are intermediaries used by the producers to bring their products to the market. • Why? Because the use of intermediaries bring greater efficiency in making goods available to target markets. In other words‚ they match the supply with the demand. • Most important benefit of using intermediaries
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In order for patrol distribution to be effective‚ it must revolve around the goal of trying to satisfy the vast majority of citizens’ concerns within a jurisdiction (Fritsch et al.‚ 2008). Patrol allocation should be taken into consideration in order to effectively distribute the patrol. Depending on the size of a police department and its jurisdiction‚ patrol allocation can help distribute the patrol by dividing the patrol jurisdiction into different areas and assigning officers to patrol some or
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E-Trade Strategy and Electronic Commerce Table of Contents Introduction………………………………………………………………………………..3 Part I……………………………………………………………………………………….4 Part II…………………………………………………………………………………….23 Conclusion……………………………………………………………………………….27 Bibliography……………………………………………………………………………..28 Introduction In this report we are tiring to find out the advantages and disadvantages of using e-commerce for exports and imports in the garment industry worldwide. The statistical data found
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2.3. The Chi-Square Distribution One of the most important special cases of the gamma distribution is the chi-square distribution because the sum of the squares of independent normal random variables with mean zero and standard deviation one has a chi-square distribution. This section collects some basic properties of chi-square random variables‚ all of which are well known; see Hogg and Tanis [6]. A random variable X has a chi-square distribution with n degrees of freedom if it is a gamma
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