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The Hourly Production of a Plastic Cup Company Is Tracked

question 11

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The hourly production of a plastic cup company is tracked over several months and is found to be normally distributed.A business analyst creates a box and whisker plot from those data and finds that the box starts at 15259 to 16,001.Based on the graph, what percentage of the hourly sales would the analyst expect to find within that range?


Definitions:

Fixed Asset Capacity

The maximum production or service level that a company can sustain with its current fixed assets, such as machinery and equipment.

Current Sales

The total recorded sales of a company within the current financial period.

Sustainable Growth Rate

The maximum rate at which a company can grow its sales, earnings, and dividends without increasing its leverage or equity.

Dividend Payout Ratio

The fraction of net earnings a firm pays out to its shareholders in dividends, indicating how much money a company returns to shareholders versus reinvesting.

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