A Store Owner Wishes to Determine Which Shoe Size She

question 12

Multiple Choice

A store owner wishes to determine which shoe size she should stock in the greatest quantity. She would be most interested in the ________ of her customers' shoe sizes.

• A) mean
• B) range
• C) mode
• D) median

---

Definitions:

Variable Cost

A cost that changes in proportion to the level of output or activity in a business.

Supply Chain Surplus

Supply chain surplus is the difference between the value a product provides to the customer and the costs of the supply chain in delivering the product.

Warehousing Needs

The requirements related to the storage, handling, and management of goods and materials in a warehouse.

Supplier Performance

The evaluation of how effectively and efficiently a supplier meets the requirements and expectations set by the buyer, including delivery, quality, and cost.