A Certain Large Manufacturing Facility Produces 20,000 Parts Each Week

question 60

Multiple Choice

A certain large manufacturing facility produces 20,000 parts each week. The manager of the facility estimates that about 1% of the parts they make are defective. What is the variance for the number of defective parts made each week?

• A) 200
• B) 198
• C) 14.1
• D) 138

---

Definitions:

Paralysis By Analysis

A situation where decision-making is hindered or halted by the excessive analysis of data or overthinking.

Marketing Plans

Structured documents or strategies that outline marketing efforts and actions intended to achieve specific marketing objectives.

Marketing Mix Factors

The elements of a marketing strategy which include product, price, place, and promotion, essential for achieving marketing objectives.

Marketing Metrics

Quantifiable measures used to gauge a company's marketing performance and effectiveness.