The Boxplots Show Prices of Used Cars (In Thousands of Dollars)

question 9

Multiple Choice

The boxplots show prices of used cars (in thousands of dollars) advertised for sale at three different car dealers.Which dealer has the smallest price range, and what is it?

• A)CarZ: $8000.
• B)CarZ: $11000.
• C)Ace: $10000.
• D)BuyIt: $5000.
• E)Cannot say from boxplots only.

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Definitions:

Supply Management

The strategic approach to planning, procuring, and managing a company's supplies and vendors to optimize efficiency and minimize costs.

Demand Management

The process of forecasting, planning, and controlling consumer demand to optimize the supply chain's efficiency and effectiveness.

Supply Chains

Networks of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer.

Systems Integration

The process of linking together different computing systems and software applications physically or functionally, to act as a coordinated whole.