Statistical model applicable when product demand or any other variable is not known but can be specified by means of a probability distribution is referred as
A. a robust model.
B. the EOQ.
C. a probabilistic model.
D. a quantity discount model.
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Home » Business » Statistical model applicable when product demand or any other variable is not known but can be specified by means of a probability distribution is referred as A. a robust model. B. the EOQ. C. a probabilistic model. D. a quantity discount model.