The Commute Times (In Minutes) of 30 Executives Are Listed $\begin{array} { l l l l l l l l l l } 70 & 72 & 71 & 70 & 69 & 73 & 69 & 68 & 70 & 71 \end{array}$

question 5

Essay

The commute times (in minutes) of 30 executives are listed below. Construct a frequency distribution and arelative frequency distribution using five classes. Round relative frequency values to three decimal places. $\begin{array} { l l l l l l l l l l } 70 & 72 & 71 & 70 & 69 & 73 & 69 & 68 & 70 & 71 \end{array}$
$\begin{array} { l l l l l l l l l l } 67 & 71 & 70 & 74 & 69 & 68 & 71 & 71 & 71 & 72 \end{array}$
$\begin{array} { l l l l l l l l l l } 69 & 71 & 68 & 67 & 73 & 74 & 70 & 71 & 69 & 68 \end{array}$

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Definitions:

Cost of Goods Sold

The expense associated with manufacturing the goods that a business sells during a specific period.

Value Streams

A value stream refers to the series of activities required to design, produce, and deliver a good or service to a customer, highlighting the value-added and non-value-added steps in the process.

Pull Production

A manufacturing strategy where production is based on customer demand rather than speculative production, aiming to reduce waste and increase efficiency.

Zero Waste

An approach to resource management aimed at avoiding any waste by reusing products and materials in as many cycles as possible.