Answer:
the process capability index is 0.002 and Since the capability index is < 1, therefore the process is not capable of producing the desired result.
Explanation:
Formula to calculate process capability index is given below-
…… (1)
Here
Mean () = 1.002
Lower specification limit (LSL) =
Upper specification limit (USL) =
Standard deviation () = 1.002 inch
Answer: Become better decision makers.
Explanation:
The study of economics enables an individual to make better decisions. Economics teaches that resources available are scarce to meet all man's needs, therefore a scale of preference has to be drawn to determine the most pressing needs that must be met.
Answer:
the United States, United Kingdom, Canada, Australia and New Zealand.
Explanation:
Anglo-American markets is a term used to describe business markets in the United States, United Kingdom, Canada, Australia and New Zealand.
In the Anglo-American model of corporate governance, the primary goal of management is to maximize shareholder wealth.
Answer:
Burns’s revocation is not effective
Explanation:
Revocation can be defined as the
the cancellation of either a decree, decision, or even a promise and the making void of some deed which was previously existing.
Therefore according to the information given Burns’s revocation is not effective because Burns’s promise to pay for a particular performance which isa unilateral contract which was said to be rendered irrevocable once Realtor performed by finding a buyer for the building.
In economics, marginal cost is the additional expenditure or cost you incur when you buy another more quantity of the product. When Allison bought the <span>1minus−color application, she spent a total of $130.
$35 + $95 = $130
When she upgraded to 3minus-color application, her cost now increased to
$175 + $40 = $215
Now, as mentioned, marginal cost is the additional cost incurred when buying one more quantity of the same product. Therefore, marginal cost = </span>Δcost/Δquantity. Thus,
Marginal Cost = ($215-$130)/(3-1)
Marginal Cost = $42.5
The marginal cost is $42.5 per color application.