The Distribution of Income for Danville Is as Follows: Number

question 379

Multiple Choice

The distribution of income for Danville is as follows: Number of Families Income
500 less than $15,000
600 between $15,000 and $20,000
1,000 between $20,000 and $25,000
700 between $25,000 and $30,000
500 over $30,000
If the poverty rate in Danville is 33.3 percent, what is the poverty line in Danville?

• A) $15,000.
• B) $20,000.
• C) $25,000.
• D) $30,000.

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Definitions:

Make to Order

is a manufacturing process in which production starts only after a customer's order is received.

Lead Times

The amount of time that passes from the initiation of a process to its completion.

Value-Added

The increase in worth of a product or service as a result of a particular process.

Lean Philosophy

A management approach focusing on minimizing waste and maximizing value in processes by considering customer value as the primary goal.