Which of the Following Is False

question 34

Multiple Choice

Which of the following is false?

• A) Inventory management determines how much inventory to order.
• B) Large companies allow their vendors to manage their inventory.
• C) The POM function within an organization monitors sales.
• D) Quality control used by manufacturing units uses metrics.
• E) Computer systems are used to integrate all aspects of product design.

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Definitions:

5-Number Summary

A statistical summary that provides five key data points: minimum, first quartile, median, third quartile, and maximum.

Smallest Observation

The minimum value recorded in a set of data.

First Quartile

The value below which 25% of the observations fall, marking the lower quarter of the data set.

Median

The middle value in a sorted list of numbers, dividing the dataset into two halves.