The Owners of the Burger Emporium Are Looking for New

question 8

Essay

The owners of the Burger Emporium are looking for new supplier of tomatoes for their famous hamburgers. It is important that the tomato slice be roughly the same diameter as the hamburger patty. After careful analysis, they determine that they can only use tomatoes with diameters between 9 and 10 cm. Company A provides tomatoes with diameters that are approximately normally distributed with mean 10.5 cm and standard deviation of 1.1 cm. Company B provides tomatoes with diameters that are approximately normally distributed with mean 10.3 cm and standard deviation of 0.8 cm. Which company provides the higher proportion of usable tomatoes? Justify your choice with an appropriate statistical argument.

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Definitions:

Income Statement

A financial statement that shows a company's revenues, expenses, and profits over a specific period.

Inventory

Products or goods that a business holds for the purpose of sale or production in the course of business operations.

Managerial Accounting Reports

Internal reports that provide management with specific financial and operational information needed to make decisions about a company's direction and strategy.

Primary Criterion

The most important standard or measure used to evaluate or judge a variable, situation, or decision-making process.