Question
In: Statistics and Probability
The number of days required for two suppliers to deliver orders is as follows. Supplier A:...
The number of days required for two suppliers to deliver orders is as follows.
|
Supplier A: |
10.0 |
4.0 |
13.0 |
1.0 |
17.0 |
7.0 |
11.0 |
16.0 |
6.0 |
19.0 |
|
Supplier B: |
9.0 |
4.0 |
13.0 |
2.0 |
23.0 |
8.0 |
12.0 |
15.0 |
6.0 |
24.0 |
(A) Which supplier provides more consistent and homogenous delivery times A or B? ...
Average Number of Days for Supplier A = days, and Standard Deviation = day.
Coefficient of Variation for Supplier A =
Average Number of Days for Supplier B = days, and Standard Deviation = day.
Coefficient of Variation for Supplier A =
(B) Justify your answer? ...
Since the (Click to select) Coefficient of Variation Mean Standard Deviation Variance of (Click to select) Supplier A Supplier B is less than that of (Click to select) Supplier B Supplier A , then it is more consistent and homogenous delivery times.
Solutions
orchestra answered 1 year agoRelated Solutions
The number of days required for two suppliers to deliver orders is as follows. Supplier A:...
The number of days required for two suppliers to deliver
orders is as follows.
Supplier A:
10.0
4.0
13.0
1.0
17.0
7.0
11.0
16.0
6.0
19.0
Supplier B:
9.0
4.0
13.0
2.0
23.0
8.0
12.0
15.0
6.0
24.0
(A) Which supplier provides more consistent and
homogenous delivery times A or B? ...
Average Number of Days for Supplier A = days,
and Standard Deviation = day.
Coefficient of Variation for Supplier A =
Average Number of Days for Supplier B = days,
and...
A catalog sales company promises to deliver orders placed on the Internet within 3 days. Follow-up...
A catalog sales company promises to deliver orders placed on the
Internet within 3 days. Follow-up calls to a few randomly selected
customers show that a 90% confidence interval for the proportion
of all orders that arrive on time is 88% ±4%. What does this
mean? Are the conclusions below correct? Explain.
a) Between 84%
and 92%
of all orders arrive on time.
b)
90% of all random samples of customers will show that 88%
of orders arrive on time....
Suppose that there are three Suppliers (Supplier A, Supplier B, Supplier C) and we are interested...
Suppose that there are three Suppliers (Supplier A, Supplier B,
Supplier C) and we are interested to evaluate the performance of
the suppliers by using AHP method. Some of the criteria for
supplier selection process can be defined as follows:
Cost, Quality, and Timeliness.
We would like to add more factors as criteria to the three
above mentioned criteria. What else factor can be defined as
criteria? Define at least two more criteria.
By considering only the above three criteria...
An online retailer of small gifts orders products from a number of suppliers, stores them, packs...
An online retailer
of small gifts orders products from a number of suppliers, stores
them, packs them to customers’ orders, and then dispatches them
using a distribution company. Although broadly successful, the
business is very keen to reduce its operating costs. A number of
suggestions have been made to do this. There are as follows:
Quality: Make each packer responsible for his or her own
quality. This could potentially reduce the percentage of mis-packed
items from 0.5% to near zero....
An online retailer of small gifts orders products from a number of suppliers, stores them, packs...
An online retailer of small gifts orders products from a number
of suppliers, stores them, packs them to customers’ orders, and
then dispatches them using a distribution company. Although broadly
successful, the business is very keen to reduce its operating
costs. A number of suggestions have been made to do this. There are
as follows:
Quality: Make each packer responsible for his or her own
quality. This could potentially reduce the percentage of mis-packed
items from 0.5% to near...
REQUIRED (Prepare and Deliver in The Following Order) Prepare a Cover Page as Follows. Name(s), Course,...
REQUIRED (Prepare and Deliver in The Following
Order)
Prepare a Cover Page as Follows.
Name(s), Course, Assignment, Current Date
No Bulky Binder or Plastic Covers Please just Pages of Paper
stapled together in Order
Pictures on Cover or elsewhere are not required but are
encouraged and look great
Prepare a Table of Contents (Name of Each Report and the page
the report starts and ends on)
Prepare the Accounting Journal, record all Accounting Entries
based on the Transactions Below into...
Two ventilation systems suppliers, Supplier A will have an initial cost of 1600000$, and its operating...
Two ventilation systems suppliers, Supplier A will have an
initial cost of 1600000$, and its operating cost is 70000 $ per
year, where its life is 4 year with salvage value of 400000 $.
Supplier B has an initial cost of 2100000 $ and operating cost of
50000 $ at the first year with an increase of $3000 per year
thereafter, and its useful life is 8 years with no salvage
value.
Use the future worth analysis to determine which...
Two ventilation systems suppliers, Supplier A will have an initial cost of 1600000$, and its operating...
Two ventilation systems suppliers, Supplier A will have an
initial cost of 1600000$, and its operating cost is 70000 $ per
year, where its life is 4 year with salvage value of 400000 $.
Supplier B has an initial cost of 2100000 $ and operating cost of
50000 $ at the first year with an increase of $3000 per year
thereafter, and its useful life is 8 years with no salvage
value.
Use the future worth analysis to determine which...
Store Location Purchasing Dept. Cost Merchandise Purchased No. of Purchase Orders Number of Suppliers Sheridan $575,000...
Store Location
Purchasing Dept. Cost
Merchandise Purchased
No. of Purchase Orders
Number of Suppliers
Sheridan
$575,000
$47,239,000
1708
61
Denver
1,226,000
102,364,000
2519
95
Salt Lake City
1,710,000
100,162,000
2506
139
Kansas City
881,000
95,760,000
1719
91
Omaha
1,544,000
51,466,000
2883
155
Milwaukee
794,000
50,631,000
647
75
Minnealops
1,341,000
84,753,000
2978
103
Phoenix
794,000
103,464,000
3761
117
Las Vegas
2,216,000
96,162,000
2584
73
Albaqurque
2,030,000
62,364
5497
176
Tucson
1,338,000
65,635,000
4347
130
Houston
856,000
88,524,000
2878
62
Oklahoma
1,122,000...
An e-commerce company located in Columbia, Missouri is considering two ways to deliver customer orders. The...
An e-commerce company located in Columbia, Missouri is
considering two ways to deliver customer orders. The first option
is to ship the goods directly to customers throughout the US using
trucks. The second option is to ship the goods to a 3PL in
Minneapolis, MN via rail and have them ship the goods to customers
using the best mode of transportation. Given the data below for
500,000 units, please answer the following
questions:
(a) what is the equivalence point of...
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