The Local Amusement Park Was Interested in the Average Wait

question 55

Multiple Choice

The local amusement park was interested in the average wait time at their most popular roller coaster at the peak park time (2 p.m.) . They selected 13 patrons and had them get in line between 2 and 3 p.m. Each was given a stopwatch to record the time they spent in line. The times recorded were as follows (in minutes; mean = 114.15) : 118, 124, 108, 116, 99, 120, 148, 118, 119, 121, 45, 130, 118.
What is the standard deviation?

• A) 103
• B) 23.62
• C) 557.97
• D) 128.8
• E) 115

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Definitions:

Constant Output Rate

A production strategy where goods or services are produced at a uniform rate, maintaining a steady level of output over time.

Demand Manipulation

Techniques used by businesses to influence customer demand, either by stimulating interest in products or by adjusting supply levels.

Aggregate Planning

A process in operations management aimed at determining optimal production levels, inventory, and workforce requirements over a medium-term time horizon.

Capacity Option

Choices available to a business for increasing or decreasing its production capabilities or capacity to meet changing market demands.