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Suppose You Measure the Number of Minutes It Takes an Employee

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Suppose you measure the number of minutes it takes an employee to complete a task, where the maximum allowed time is 5 minutes, and each time is rounded to the nearest minute. Data from 130 employees is summarized below. How long did it take most employees to complete the task? Suppose you measure the number of minutes it takes an employee to complete a task, where the maximum allowed time is 5 minutes, and each time is rounded to the nearest minute. Data from 130 employees is summarized below. How long did it take most employees to complete the task?   A) 5 minutes B) 3 minutes C) 30 minutes D) 50 minutes


Definitions:

MRP

Materials Requirement Planning, a production planning, scheduling, and inventory control system used to manage manufacturing processes efficiently.

Safety Stock

Extra inventory held to guard against uncertainty in demand or supply, minimizing the risk of stockouts.

Projected On-Hand Inventory

An estimate of the amount of stock that will be physically available in inventory at any given time, factoring in current stock levels, incoming supply, and outgoing orders.

MRP Logic

The set of principles and calculations used in Material Requirements Planning, aimed at ensuring the right materials are available for production at the right time.

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