Attached is the article and excel sheet for answering the following questions below in essay form( the article is the only source required)
1. Based on the spreadsheet data, how would you characterize Steel work’s Products? What about Steel Works Customers? Given your answer and the information in the case what does this suggest?
2. What does the coefficient of variation tell us? Can you determine the coefficient of variation for the DuraBend and DuralFlex product lines?
3. How many inventory has the steel Work been holding? How much should they have been holding
4. Although no data is given for the Custom Products division are there any obvious opportunities that are suggested by the information in the article
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