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Definition of Distribution center
A branch warehouse containing finished goods and service
a segment of the production or service
Commodities Exchange Center (CEC)
The location of five New York futures exchanges: Commodity
a responsibility center in which the manager has
Cumulative probability distribution
A function that shows the probability that the random variable will
a cost incurred to warehouse, transport, or deliver a product or service
Inventory intended for shipment to customers, usually
Payments from fund or corporate cash flow. May include dividends from earnings, capital
The organization of data to show how often certain values or ranges of values occur.
a responsibility center in which the manager
A distribution where the logarithm of the variable follows a normal distribution.
Money center banks
Banks that raise most of their funds from the domestic and international money markets, relying less on depositors for funds.
Normal (bell-shaped) distribution
In statistics, a theoretical frequency
Normal probability distribution
A probability distribution for a continuous random variable that is forms a
Also called a probability function, a function that describes all the values that the random variable can
A list of all possible outcomes and the chance of each outcome
a range of possible values for which each value has an assigned likelihood of occurrence
a responsibility center in which managers are responsible for generating revenues and planning and controlling all expenses
An entity within a corporation against which both revenues and costs are
pseudo microprofit center
a center for which a surrogate
real microprofit center
a center whose output has a market value
A central financial subsidiary used by an MNC to reduce transaction exposure by having
a cost object under the control of a manager
a responsibility center for which a manager is accountable only for the generation of revenues and has no control over setting selling prices, or budgeting or incurring costs
Probability distribution in which an unequal number of observations lie below and
Standardized normal distribution
A normal distribution with a mean of 0 and a standard deviation of 1.
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