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Plants Satisfying Demand

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You have been offered a position as General Manager of a television manufacturing facility by XYZ Corporation. You have a choice of Plant A or Plant B. At the present time both plants are satisfying their demand for a particular TV (Model FX32) by providing 3200 sets per day on the average.

-However, Plant A has a standard deviation of 50 Model FX32's per day while Plant B has a standard deviation of 150 Model FX32's per day.

-Which of these plants would you prefer to manage?

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Solution Summary

The solution examines plants satisfying demand. The expert determines which of the plants they would prefer to manage.

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Hello,
As a rule of thumb, the smaller the standard deviation, the less errors occur, and the more predictable the results. The higher the standard deviation, the more unpredictable the results.

So ...

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