question 32
Multiple Choice
Refer to the information in the following table when answering questions 18 to 26:
Annual Family Income and Education
Statistics for Three Neighborhoods
MeanMedianModeStand Dev.(N) GLENBROOK Income $78,000$27,000$26,000$8,000(300) Education 17 Years 18203MEADOWBROOK Income $28,000$28,000$28,000$2,000(300) Education 15 Years 16116 ELMBROOK Income $16,000$18,000$12,000$3,000(300) Education 11 Years 11111.0
* 4 yrs college =16 yrs; masters / law degrees =18yrs;PhD/MD degrees =20yrs.
-Which neighbourhood(s) has the highest number of families with the lowest incomes? Annual Family Income and Education
Statistics for Three Neighborhoods
MeanMedianModeStand Dev.(N) GLENBROOK Income $78,000$27,000$26,000$8,000(300) Education 17 Years 18203MEADOWBROOK Income $28,000$28,000$28,000$2,000(300) Education 15 Years 16116 ELMBROOK Income $16,000$18,000$12,000$3,000(300) Education 11 Years 11111.0
* 4 yrs college =16 yrs; masters / law degrees =18yrs;PhD/MD degrees =20yrs.
Definitions:
Constant Work-In-Process
A production strategy aimed at limiting the amount of unfinished goods in the production process to reduce lead times and increase quality.
ConWIP
Stands for "Constant Work-In-Process," a production control strategy focused on limiting the amount of work in process to improve flow and reduce waste.
Input-Output Control
A production management technique that monitors the input of materials and output of products to ensure efficient operation of the manufacturing process.
Finite Capacity Scheduling
A method for planning and scheduling resource allocations and processes, considering the limited availability of these resources.