question 41
Multiple Choice
Use the data given below to answer the following questions) .
Following is an extract from the Cost per Order Database of Grogtes LLC. Item Category Nuts Screws Nuts Screwdriver Nuts Screws Nuts Nuts Nuts Screws Nuts Screws Screws Nuts Nails Bolts Screws Screwdriver Screwdriver Bolts Nuts Bolts Screws Screws Screws Screws Bolts Nuts Screwdriver Nuts Screws Nailgun pack Item ID N101 S101 N102SD101N102S102N101N102N101S103N102S101S101N102NG101 B101 S103 SD102 SD101 B102N103B101S103S104S102S101B102N101 SD103 N103S103NG101 Item Cost $2.44$20.44$5.44$20.44$3.44$5.44$2.44$5.44$2.44$9.44$5.44$2.44$20.44$5.44$125.45$16.44$9.44$9.44$20.44$5.44$1.74$16.44$9.44$15.45$5.44$20.44$5.44$2.44$5.44$1.74$9.44$125.45 Units 944935265559748931598928803411527631495667345863649659552794 Cost per Order $229.36$1,001.56$190.40$531.44$189.20$320.96$180.56$484.16$75.64$556.96$484.16$68.32$1,635.20$184.96$125.45$246.60$254.88$594.72$286.16$516.80$114.84$1,200.12$424.80$1,328.70$16.32$122.64$266.56$158.60$516.80$90.48$745.76$501.80
Item Category Bolts Bolts Bolts Nails Nuts Screwdriver Screws Nuts Screws Screws Screws Item D B102B103B104NG102N103SD104S101N103S102S101 S102 Item Cost $5.44$12.94$24.40$275.45$1.74$2.44$20.44$1.74$5.44$20.44$5.44 Units 61544126755613109327 Cost per Order $331.84$698.76$1,000.40$550.90$10.44$183.00$1,144.64$22.62$54.40$1,900.92$146.88
-What is the rank of the 42nd percentile of the costs per order ?
Definitions:
Auto-parts Manager
A professional responsible for overseeing the operations and inventory of an auto-parts store or department.
Promissory Estoppel
A legal principle that prevents a party from withdrawing a promise considered binding, not because of a formal contract, but because it was relied upon by another to their detriment.
Quasi-contract
A legal concept where a court imposes an obligation on a party to prevent unjust enrichment or unfair benefit at the expense of another, even if no actual contract exists.
Uniform Commercial Code
A comprehensive set of laws governing all commercial transactions in the United States, intended to harmonize the law of sales and other commercial transactions across American states.