Use the following information to answer the next ten questions:
Excerpts from TPX Company's December 31,2015 and 2014,financial statements are presented below:
-TPX Company's 2015 average days in inventory is:
Definitions:
Specification Fill Weight
The predetermined or designed weight of product that a package is intended to hold.
Standard Deviation
A measure that quantifies the amount of variation or dispersion of a set of data values from their mean, indicating how spread out the data points are.
Tolerance
The allowable deviation in a manufacturing or production process, defining the range within which output is considered acceptable.
Nominal Specification
The stated or targeted value for a parameter in a design or process, serving as a benchmark for quality control.
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