You have been offered a position as General Manager of a television manufacturing facility by the XYZ Corporation. You have a choice of accepting the…

Category: Statistics

You have been offered a position as General Manager of a television manufacturing facility by the XYZ Corporation. You have a choice of accepting the position at either of their two facilities: Plant A or Plant B. At the present time both plants are satisfying their demand for a particular TV — the recently introduced model FX32 — by providing 3,200 sets per day on average. However, Plant A has a standard deviation of 50 model FX32’s per day and Plant B has a standard deviation of 150 model FX32’s per day. Which of the plants would you prefer to manage? Explain why you would prefer that particular plant.

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