A Standard Work Year Is 2,000 Hours at the Luther

question 112

Multiple Choice

A standard work year is 2,000 hours at the Luther Mill and it takes about an hour and a half to fill a customer order. Last year saw 15,000 customer orders at the mill and the manager has a new John Deere in mind as a company car, so he hopes that there is an increase of 15% in customer orders for next year. If the manager hires fourteen workers, what is the capacity cushion?

• A) 7.6%
• B) 8.2%
• C) 6.9%
• D) 8.8%

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Definitions:

Tukey Test

The Tukey Test, or Tukey's HSD (Honestly Significant Difference) test, is a post-hoc analysis used after an ANOVA to find which means among a group of means are significantly different from each other.

Familywise Error

The likelihood of committing at least one false positive, or type I error, during the course of conducting various hypothesis tests.

Statistical Procedure

A method of collecting, analyzing, interpreting, and presenting data to uncover underlying patterns and trends.

Scheffé Test

A statistical test used for making comparisons between group means after an ANOVA, allowing for all possible pairwise comparisons.