Solve the Problem $\begin{array} { l l l l l l } 0.27 & 0.33 & 0.36 & 0.25 & 0.25 & 0.31 \\ 0.33 & 0.28 & 0.30 & 0.36 & 0.34 & 0.30 \end{array}$

question 181

Multiple Choice

Solve the problem.
-The weights, in pounds, of twelve apples are given below. Find the mean weight. Round your answer to the nearest thousandth of a pound. $\begin{array} { l l l l l l } 0.27 & 0.33 & 0.36 & 0.25 & 0.25 & 0.31 \\ 0.33 & 0.28 & 0.30 & 0.36 & 0.34 & 0.30 \end{array}$
$\begin{array} { c c c }\end{array}$

• A)\(0.334 \mathrm { lb }\)
• B) \(0.307 \mathrm { lb }\)
• C) \(0.305 \mathrm { lb }\)
• D) \(0.282 \mathrm { lb }\)

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Definitions:

Profit Margin

The percentage of revenue remaining after all expenses have been deducted from sales, indicating the financial health and efficiency of a business.

Efficient Supply Chains

Supply chains that are effectively managed to ensure the right products are delivered at the right time to the right place with minimal waste and cost.

Low Inventory Levels

A situation where a business holds a minimal amount of products in stock to reduce holding costs and increase efficiency.

Geographically Dispersed

A term describing entities such as teams, offices, or populations that are spread across different geographical locations.