Design of experiments is a technique that helps identify which variables have the most influence on the overall outcome of a process. Understanding which variables affect outcome is a very important part of quality planning.

Answers

Answer 1
Answer:

Answer:

True.

Explanation:

Design of experiments can be defined as a systematic approach used to determine the relationship between factors (variables) affecting a process and its overall outcome or end result.

Generally, design of experiments involves the process of planning, conducting, evaluating and interpretation of controlled data to yield valid and objective outcomes.

Hence, design of experiments is a technique that helps identify which variables have the most influence on the overall outcome of a process.

This ultimately implies that, in order to achieve greater success and optimum level of output in an organization; design of experiments can be used to find cause-and-effect relationships of a process.

In conclusion, understanding which variables affect outcome is a very important part of quality planning.


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Ed, an employee of the Natural Color Company, suffered from a rare disease that was very expensive to treat. The local media ran several stories about Ed’s problems, and the family created a website that generated more than $10,000 in gifts from individuals to help pay the medical bills. Ed’s employer provided hospital and medical insurance for its employees, but the policy did not cover Ed’s illness. When it became apparent that Ed could not pay all of his medical expenses, the hospital canceled the $25,000 Ed owed at the time of his death. After Ed’s death, his former employer paid Ed’s widow $12,000 in "her time of need." Ed’s widow also collected $50,000 on a group term life insurance policy paid for by Ed’s employer. What are Ed’s and his widow’s gross income?

Answers

Answer:

Ed and his Widow's Gross Income is:

$97,000

Explanation:

a) Data and Calculations:

Gifts from individuals     $10,000

Medical expense offset  25,000

Time of need pay             12,000

Group life insurance       50,000

Gross income               $97,000

b) Ed and his widow's gross income is $97,000.  It is the sum of  all forms of earnings before any deductions or taxes. The gross income is higher than the net income, which is defined as the gross income minus taxes and other deductions.

Final answer:

Ed's gross income includes the gifts and life insurance payout, but not the support received by his widow.

Explanation:

Ed's gross income includes the $10,000 in gifts from individuals and the $50,000 collected on the group term life insurance policy. These amounts are considered taxable income. The $12,000 paid to Ed's widow in her time of need is not considered gross income because it can be classified as a gift or as support received on account of the marital relationship.

Learn more about Gross Income here:

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for the greeting in a business letter when you don't know the name of the person who will be reading it, which of the following is least likely to conform to present day usage

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je cromps pas! je parle en fraincias pas english


Assume that a company paid $ 9 per share to purchase 1 comma 600 shares of its $ 2 par common stock as treasury stock. The purchase of treasury stock.

Answers

Answer:

decreased total equity by $14,400

Explanation:

The treasury stock reduced the balance of the stockholder equity as the issuing company buys this stock back.

Given that

Number of shares purchased = 1,600 shares

Paid per share = $9

Common stock = $2

So, the treasury stock would be

= Number of shares purchased × per share

= 1,600 shares × $9

= $14,400

The journal entry would be

Treasury Stock A/c Dr $14,400

            To Cash A/c $14,400

(Being treasure stock is purchased for cash)

Home inspector Maura was walking Thad through a property inspection. The frame house, on a slab foundation, had mulch piled up about 18 inches next to the house. Why was Maura noting this as a concern?

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Answer:

Mulch next to wood siding may lead to wood rot.

Explanation:

Based on the scenario being described within the question it can be said that Maura was noting this as a concern because Mulch next to wood siding may lead to wood rot.  This mulch can hold moisture for extended periods of time which may cause the wood to rot. Once the wood rots it is too late and must be replaced which depending on the location of the wood can be extremely expensive.

Which type of water supply system may provide water under contract to a municipality, region, or single property?

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Answer: Private water system

Explanation: The dynamic between public and private systems has always been interesting, especially in the case of water and wastewater systems. Public water systems are usually non-profit entities managed by local or state governments, for which rates are set by a governingThough rates are monitored by a state’s public commission, private systems are not necessarily subject to this regulating board. Additionally, the difference between public and private is not always distinct, as we sometimes see in Public-Private Partnerships. On the other hand, private water systems can be for-profit systems managed by investors or shareholders. The water supply system may provide water under contract to a municipality, region, or single property is the private water system utility under a public-private partnership .

The person or business named on the check to receive the money is called the ________.

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The person or business named on the check to receive the money is called the payee. The payee is an individual or a company to whom the check is payable. The payee is the party who will receive payment thru check.