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Southeastern Stereos, a wholesaler, was contemplating becoming the supplier to three retailers, but inventory shortages have forced Southeastern to select only one. Southeastern's credit manager
Southeastern Stereos, a wholesaler, was contemplating becoming the supplier to three retailers, but inventory shortages have forced Southeastern to select only one. Southeastern's credit manager is evaluating the credit record of these three retailers. Over the past 5 years, these retailers' accounts receivable have been outstanding for the following average number of days. The credit manager feels that consistency, in addition to lowest average, is important. Based on relative dispersion, which retailer would make the best customer? Lee 62.2 61.8 63.4 63.0 61.7 Forrest 62.5 61.9 62.8 63.0 60.7 Davis 62.0 61.9 63.0 63.9 61.5
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