One of the Best Ways to Interpret a Frequency Distribution

question 15

Multiple Choice

One of the best ways to interpret a frequency distribution is to

• A)determine where the extremes are
• B)use the middle 90 percent of the data to find the majority
• C)determine where the middle of the values might be
• D)keep missing values in the percentages so that you discuss all of the cases

---

Definitions:

Seasonal Output

Variation in the production or supply of certain products or services that is caused by changes in the season.

Short-Term Demand Forecasts

Predictions about future customer demand over a short period, usually up to one year, critical for successful inventory and production planning.

JIT

Just-In-Time, a production strategy that aims to reduce times within the production system as well as response times from suppliers and to customers.

Upstream

In the context of supply chain, refers to the activities or processes involved in obtaining raw materials or components required for manufacturing.