The Table Below Shows the Inflation Rate for the Period

question 19

Essay

The table below shows the inflation rate for the period 2005 through 2010.Suppose you wanted to show that there was not much variation in the inflation rate over this period.How would you represent this table in a graph? Suppose you wanted to show that there was a large amount of variation during this period.How would you represent this table in a graph?

---

Definitions:

Push System

A type of inventory control system where products are manufactured or acquired based on forecasted demand, pushing products towards the consumer without immediate demand signals.

JIT

Just-In-Time, a production strategy aimed at reducing in-process inventory and associated carrying costs by producing and delivering products just as they are needed.

Service Organizations

Entities that primarily offer intangible goods to consumers through the provision of services instead of physical products.

Competitive Advantage

The attributes that allow an organization to outperform its competitors, such as cost, product differentiation, and market access.