Each year lord taylor ltd sets up a gift-wrapping station


Each year, Lord & Taylor, Ltd., sets up a gift-wrapping station to assist its customers with holiday shopping. Preliminary observations of one worker at the station produced the following sample time (in minutes per package): 3.5, 3.3, 4.1, 3.5, 4.0. Assume a 99% confidence level and an accuracy of 5%. (Round all intermediate calculations to two decimal places before proceeding with further calculations.)

Based on this small sample and the given confidence level and accuracy level, the number of observations that would be necessary to determine the true cycle time = __ observations.

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Operation Management: Each year lord taylor ltd sets up a gift-wrapping station
Reference No:- TGS02944100

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