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(Solved): The normal distribution is commonly used to model operational processes. Based on this modules re ...



The normal distribution is commonly used to model operational processes. Based on this module’s resources, provide one example—different from those in the overview—of how the normal distribution can be applied in an operations or production setting. You may use an example from your own experience. Be certain to explain how the normal distribution is used in your example and how it contributes to improving the process. The normal distribution can be applied to a range of business processes. Think about the following examples: If a company’s average customer satisfaction rating is 4.2 out of 5, then ratings falling below 3.0 may signal a need for service improvements. If the average credit score of approved borrowers is 700 with a standard deviation of 50, then scores below 600 may warrant additional risk assessment. If the average delivery time is 5 days with a standard deviation of 1 day, then delivery times beyond 7 days could point to supplier issues.



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