The production manager for a manufacturer of glass jars who is concerned the proper jar size to manufacture has sample data on jar sizes ordered by customers would the mean median or modal jar size be of most value to the manager
selecting the region’s most likely to purchase his firm’s products. Would he
be most interested in the mean or median of family income in prospective
sales areas?
Answers
The manufacturing company should use mode to manufacture jars. Mode is the value that appears most frequently in the data. Although mode is not often use to describe data, it can be useful in manufacturing. It would help the manufacturer of jars to determine which size of jar is ordered the most by the customers. By using mode, the owner can avoid shortage or over supply of the jars.
selecting the region’s most likely to purchase his firm’s products. Would he
be most interested in the mean or median of family income in prospective
sales areas?
The prime objective of The production manager is to consider which strategy will give the company the maximum profit.
In such circumstances, he will be looking for on what item the majority of the orders have come.
The majority of orders will decide the most business objective and success for a manufacturing company. Therefore, that issue should be considered most while the valuation of the modal value, that has the most demand.
These are items to be prioritized for planning the manufacturing.
selecting the region’s most likely to purchase his firm’s products. Would he
be most interested in the mean or median of family income in prospective
sales areas?
about the proper jar size to manufacture, has sample data on jar sizes
ordered by customers. Would the mean, median, or modal jar size be of
most value to the manager?