Find the Midrange for the Given Sample Data $$\begin{array} { l l l l l } 44.3 & 41.4 & 42.7 & 40.6 & 43.1 \\40.5 & 44.8 & 42.0 & 44.3 & 42.1 \\43.4 & 42.0 & 40.6 & 43.4 & 41.4\end{array}$$

question 120

Multiple Choice

Find the midrange for the given sample data.
-The speeds (in mph) of the cars passing a certain checkpoint are measured by radar. The results are shown below. Find the midrange. $$\begin{array} { l l l l l } 44.3 & 41.4 & 42.7 & 40.6 & 43.1 \\40.5 & 44.8 & 42.0 & 44.3 & 42.1 \\43.4 & 42.0 & 40.6 & 43.4 & 41.4\end{array}$$

• A) 42.65 mph
• B) 42.40 mph
• C) 42.1 mph
• D) 4.30 mph

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Definitions:

Purchase Economies

Cost advantages that a business can achieve by buying goods or services in large quantities, leading to lower per-unit costs.

Transportation Economies

The cost savings realized through efficient transportation logistics, including scale of operation, routing, and mode of transport selection.

MRPII

Manufacturing Resource Planning, an integrated method of operational and financial planning for manufacturing companies.