What Is the Maximum Inventory of a Product That Is

question 4

Short Answer

What is the maximum inventory of a product that is produce in batches of 1000 when 500 units are produced per day and 250 units are sold per day?

---

Definitions:

Line Graph

A type of chart used to display information as a series of data points connected by straight line segments, often to show trends over time.

Cumulative Frequency

The sum of a class and all classes below it in a frequency distribution.

Frequency Polygon

A graphical representation of the distribution of a dataset that shows the frequency of data points within certain intervals.

Variation

A term describing the extent to which data points in a dataset differ from each other and from the mean.