Q. No.2: A production manager orders an item to be used in production from two suppliers, as a way of ensuring consistent supply. In order to judge the reliability in terms of delivery times, he has compiled the time in days it took to receive 9 orders in the past two weeks from each supplier. The figures are as follows: Order No. 3 4 5 6 7 8 9 Supplier A delivery time 12 25 15 19 18 19 Supplier B delivery time 4 10 3 7 15 18 Advise the manager on the reliability of the suppliers.
Q. No.2: A production manager orders an item to be used in production from two suppliers, as a way of ensuring consistent supply. In order to judge the reliability in terms of delivery times, he has compiled the time in days it took to receive 9 orders in the past two weeks from each supplier. The figures are as follows: Order No. 3 4 5 6 7 8 9 Supplier A delivery time 12 25 15 19 18 19 Supplier B delivery time 4 10 3 7 15 18 Advise the manager on the reliability of the suppliers.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
Related questions
Question
Answer of the question immediately please
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, management and related others by exploring similar questions and additional content below.Recommended textbooks for you
Understanding Business
Management
ISBN:
9781259929434
Author:
William Nickels
Publisher:
McGraw-Hill Education
Management (14th Edition)
Management
ISBN:
9780134527604
Author:
Stephen P. Robbins, Mary A. Coulter
Publisher:
PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract…
Management
ISBN:
9781305947412
Author:
Cliff Ragsdale
Publisher:
Cengage Learning
Understanding Business
Management
ISBN:
9781259929434
Author:
William Nickels
Publisher:
McGraw-Hill Education
Management (14th Edition)
Management
ISBN:
9780134527604
Author:
Stephen P. Robbins, Mary A. Coulter
Publisher:
PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract…
Management
ISBN:
9781305947412
Author:
Cliff Ragsdale
Publisher:
Cengage Learning
Management Information Systems: Managing The Digi…
Management
ISBN:
9780135191798
Author:
Kenneth C. Laudon, Jane P. Laudon
Publisher:
PEARSON
Business Essentials (12th Edition) (What's New in…
Management
ISBN:
9780134728391
Author:
Ronald J. Ebert, Ricky W. Griffin
Publisher:
PEARSON
Fundamentals of Management (10th Edition)
Management
ISBN:
9780134237473
Author:
Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:
PEARSON