A c-chart is based on which of the following probability distributions?

A customer of Mason Manufacturing has requested a one-time order at a reduced sales price. Before making the special pricing decision, what are three questions that management of Mason Manufacturing must consider?

What will be an ideal response

Which of the following would involve speculative risk?

A) purchasing a burglar alarm system for your home B) purchasing a lottery ticket C) purchasing an extended warranty on your television set D) purchasing a life insurance policy