The Production Manager for the XYZ Manufacturing Company Is Concerned

question 130

Multiple Choice

The production manager for the XYZ manufacturing company is concerned that the customer orders are being shipped late.He asked one of his planners to check the timeliness of shipments.The planner randomly selected 1000 orders and found that 120 orders were shipped late.Construct the 95% confidence interval for the proportion of orders shipped late.

• A)[.0999 .1401]
• B)[.1135 .1265]
• C)[.0619 .1781]
• D)[.1011 .1389]

---

Definitions:

Defaults

Situations where a party fails to fulfill their obligations as specified in a contract or agreement.

Construction Lien

A claim made against a property by a contractor or subcontractor who has not been paid for work performed or materials supplied.

Building Contract

A legally binding agreement between a property owner and a contractor for the construction or renovation of a building, detailing the work to be done, materials, costs, and timeframes.

Hold Back

The act of withholding part of a payment or benefit until certain conditions are met or to exert control or influence over a situation.