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A quantative technique usefull in projecting a firm's sales and profits is?

A- Learning curves.

B- Probability Distribution theory.

C- Gantt charting.

D- Queuning theory.

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Question added by Mobeen Tahir , Credit Officer , Tawuniya Insurance
Date Posted: 2015/04/21
ايمن محمد عاطف محمد
by ايمن محمد عاطف محمد , Director of the control and regulation unit , ACOLID

B. Probability distribution theory is a mathematical technique that gives a numerical measure to how likely it is that each event in the distribution will occur. This technique can be used in different areas of business including projection of sales and profits. Observing historical data of sales and profits, a probability

distribution can be developed

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