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TABLE 3-4
The ordered array below represents the number of cargo manifests approved by customs inspectors of the Port of New York in a sample of 35 days:
16, 17, 18, 18, 19, 20, 20, 21, 21, 21, 22, 22, 22, 22, 23, 23, 23, 23, 24, 24, 24, 25, 25, 26, 26, 26, 27, 28, 28, 29, 29, 31, 31, 32, 32
Note: For this sample, the sum of the values is 838, and the sum of the squared differences between each value and the mean is 619.89.
-Referring to Table 3-4, the third quartile of the customs data is ________.
Integrated Supply Chain
An integrated supply chain is a cohesive system where every stage, from supplier to customer, is effectively coordinated and managed to optimize efficiency and reduce costs.
Raw Material Procurement
The process of acquiring the basic materials needed for production or manufacturing.
Supply Chain Management
The oversight and management of the flow of goods and services, including all processes that transform raw materials into final products.
Sophisticated Information Technology
Advanced systems and tools that manage, process, and disseminate large volumes of data efficiently, supporting complex analysis and decisions.
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