The answer & explanation for this question is given in the attachment below.
Answer:
UCLp = 0.157
LCLp = 0
Day:
11 - yes
12 - yes
13 - yes
Explanation:
The upper and lower 3-sigma control chart limits are
UCLp = 0.157
LCLp = 0
Given the limits, is the process in control for the following days?
Day:
11 - yes
12 - yes
13 - yes
The 3-sigma control chart utilizes mean and standard deviation to set the upper and lower limits. The upper limit in this scenario is 19 while the lower limit is 1, consequently, 99.7% of the defects would fall within this range.
The question involves understanding the 3-sigma control chart and setting appropriate limits. The upper control limit (UCL) and lower control limit (LCL) are boundaries in the control chart that you set, based on the standard deviations of the population. Anything beyond these boundaries may be deemed out of the control. Defectives are considered as elements that do not meet specific requirements, and the proportion is calculated based on the total number of observations.
The calculation of UCL and LCL involves determining the mean (µ) and standard deviation (ơ) of the dataset, then calculating upper and lower limits based on the z-score, which is typically ±3 for a 3-sigma control chart. For example, if µ = 10 and ơ = 3, we use the formula x = µ + zơ to get UCL (x₁ = 10 + 3(3) = 19) and the formula x = µ - zơ to get LCL (x₂ = 10 - 3(3) = 1). This means 99.7% of the defects would fall between 1 and 19.
#SPJ12
Answer:
An increase in the net export and Russian interest rate.
Explanation: An open economy is an economy where all players which includes traders, investors and other stakeholders in the economy both within and outside the economy freely conduct their businesses and are controlled by market forces with minimal interference by Government agencies.
According to the open-economy macroeconomic model with the defaulting by the Russian government in 1998 will definitely lead to an increase in net export and an increase in Russian Interest rate.
Answer:
$20,000
Explanation:
The computation of the taxable gain is shown below:
The corporate gain is
= $40,000 - $20,000
= $20,000
Now the stock basis is increased i.e.
= $20,000 + $20,000
= $40.000
Now the stock basis decreased to zero i.e.
= $40,000 - $40,000
= $0
So, here the taxable gain is of $20,000
Answer:
True
Explanation:
Given a certain production level, cost minimization is equal to product maximization. Cost minimization refers to the production level where average total cost per unit is lowest. On the other hand, production maximization refers to maximizing product output given certain restraints, e.g. amount of raw materials, number of labor hours, etc. Product maximization basically refers to the efficiency of production.
If someone can achieve product maximization and cost minimization, they should be maximizing profit.
$28.22
$31.04
$28.15
$29.63
Answer:
What Baldwin pays to its employees per hour is $29.63
Explanation:
Consider the following calculations to find the Baldwin pays to its employees.
Total raise = 5% + 0.25% = 5.25%
Present wages = $28.15
Baldwin will pay = $28.15* (1.0525) = $29.63
Baldwin will pay its employees $x + 0.0025x + annual raise per hour if productivity goals are reached which is $29.63
To calculate how much Baldwin will pay its employees per hour, we need to consider the additional performance bonus of 0.25% and the annual raise. Let's assume the current hourly rate is $x. The additional performance bonus can be calculated by multiplying 0.25% by the hourly rate, which is 0.0025x. The total amount per hour will then be the sum of the hourly rate, the additional performance bonus, and the annual raise.
Therefore, Baldwin will pay its employees $x + 0.0025x + annual raise per hour if productivity goals are reached. Thus, it can be calculated as -
Total raise = 5% + 0.25% = 5.25%
Present wages = $28.15
Baldwin will pay = $28.15* (1.0525)
= $29.63
#SPJ3
If Job #1987 consists of 100 units, what is the average cost assigned to each unit included in the job?
Answer:
Unitary cost= $147.02
Explanation:
Giving the following information:
Next Generation's predetermined overhead rate is $16 per direct labor-hour and its direct labor wage rate is $11 per hour. Job1987 used $1,202 of direct materials and $5,500 of direct labor.
First, we need to calculate the allocated overhead to Job 1987:
direct labor hours= 5,500/11= 500 hours
Allocated overhead= 500*16= $8,000
Now, we can calculate the total cost and unitary cost of Job 1987:
Total cost= 1,202 + 5,500 + 8,000= $14,702
Unitary cost= 14,702/100 units= $147.02