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Mazyrski [523]
2 years ago
14

(CO 3) On the production line the company finds that 90.2% of products are made correctly. You are responsible for quality contr

ol and take batches of 30 products from the line and test them. What number of the 30 being correctly made would cause you to shut down production
Business
1 answer:
stiks02 [169]2 years ago
4 0

Any number that is less than 27.06 would cause you to shut down production.

<h3>What Number Would Cause a Production Shut-Down?</h3>

The calculation can be done as follows:

Probability of correctly made product = 90.2%

Probability of NOT correctly made product = 100% - Probability of correctly made product = 100% - 90.2% = 9.80%

Number of products in the batches being tested = 30

The average number of products NOT correctly made = Probability of NOT correctly made product * Number of products in the batches being tested = 9.80% * 30 = 2.94

The average number of products correctly made = Probability of correctly made product * Number of products in the batches being tested = 90.2% * 30 = 27.06

Since the average number of products correctly made is 27.06, any number that is less than 27.06 would cause you to shut down production.

Learn more at: brainly.com/question/24622191.

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when calculating net price, why do you think loans are not deducted from sticker price even if they are typically offered to you
storchak [24]

The reason loans are not deducted from sticker price even if they are typically offered to you in a financial aid package is that "the net price is actual money that you or any individual will be paying."

This is evident because a net price is the sticker price minus the student's financial aid, scholarships, grants, and other support.

Unlike sticker price, the net price is the college student's amount would eventually pay in his college years.

A sticker price is the whole amount of the annual or session cost of a college education.

Hence, in this case, it is concluded that college students should concentrate more on the net price instead of a sticker price.

Learn more here: brainly.com/question/20635459

3 0
3 years ago
A7X Corp. just paid a dividend of $2.80 per share. The dividends are expected to grow at 20 percent for the next eight years and
kifflom [539]

Answer:

The price of the stock today=$560

Explanation:

We can use the expression for calculating the required rate of return to calculate the price of the stock today:

RRR=(EDP/SP)+DGR

where;

RRR=required rate of return

EDP=expected dividend payment

SP=share price

DGR=dividend growth rate

In our case:

RRR=13%=13/100=0.13

EDP=$2.80 per share

SP=unknown

DGR=20% and 8%, the average DGR=(20+5)/2=12.5%=0.125

replacing in the original expression;

0.13=(2.8/SP)+0.125

2.8/SP=0.13-0.125

2.8/SP=0.005

SP=2.8/0.005

SP=$560

The price of the stock today=$560

6 0
3 years ago
When property is contributed to a partnership in exchange for a capital and profits interest, when does the partner's holding pe
Virty [35]

Well here's what I can tell you,

The day the contributed property was purchased.
The day the partnership interest was acquired.

Either one of these are true which also means they are both true.

7 0
3 years ago
Our company can produce a product that incurs the following costs per unit: direct materials, $10; direct labor, $24, and overhe
kvasek [131]

Answer:

net incremental cost = $ 2.2

Explanation:

Data provided:

Direct material cost = $ 10  per unit

Direct labor cost = $ 24  per unit

Overhead cost = $ 16 per unit

thus,

the total cost of the product = $ 10 + $ 24 + $ 16 = $ 50

Now,

if bought from outside cost = $ 45

Overhead cost if bought from outside = 45% of the overhead cost

= 0.45 × $ 16 = $ 7.2

hence, the total cost if bought from outside = $ 45 + $ 7.2 = $ 52.2

since, the cost of product if bought from outside side is greater than the product is produced by own

therefore, the net incremental cost = $ 52.2 - $ 50 = $ 2.2

3 0
3 years ago
Describe why most countries are described as having a mixed economy​
Tamiku [17]

Explanation:

A mixed economic system is a system that combines aspects of both capitalism and socialism. A mixed economic system protects private property and allows a level of economic freedom in the use of capital, but also allows for governments to interfere in economic activities in order to achieve social aims.

8 0
3 years ago
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