Answer / Explanation:
If given a couple of data and asked to analyse it, there is bound to be some level of variation. Irrespective of how much e try to avoid it, we will find it difficult to achieve identical results for two different scenarios.
Variation can therefore be defined as the quantitative or numerical approach used to indicate how widely individuals in a group vary.
Factors that contributes to common cause variation includes:
First, we need to understand that Common Cause Variation are caused by unknown factors that result in a steady but random distribution of output around the average of the data. We need to understand that Common cause variation is the remaining variation after removing the special causes (non-normal causes) due to one or more of the 5Ms and an “E” causes (Manpower, Material, Method, Measurement, Machine, and Environment), also known as 6Ms (Manpower, Mother nature, Materials, Method, Measurements or Machine).
And some special cause of variation in this instance includes:
Phenomena that are active within the system
Variation within a historical experience base which is not regular
Lack of significance in individual high and low values
Human error
Answer:
The corrrect answer is organization virtual.
Explanation:
Virtual organizations are new organizational forms that result from: first, replacing face-to-face interactions with remote interactions, supported by electronic communications and second, providing real-time access to all company information for all workers.
Answer:
$60
Explanation:
A financial charge is the cost of credit. It refers to the fee that one pays for using some credit facility. A financial charge, therefore, is the interest paid on credit granted to a borrower.
In this case: Cost of the Bike was $300
Tom agreed to pay $30 per month for 12 months on installment payment.
The total amount paid:
= $30 x 12
=$360
Original pride of the bike was $300; the financial charge will be
=$360- $300
=$60
Answer:
The additional satisfaction from consuming one more unit of a good
Explanation:
Marginal utility falls as consumption increases.
The Marginal Rate of Substitution (MRS) is the rate at which consumers exchange quantities of units of one good number for another good at the same level of utility.
I hope my answer helps you
Answer:
$440 per unit
Explanation:
Units balance after July 12 sales = 100 - 70 = 30
Total units after July 23 = 30 + 120 = 150
Total cost of units balance after July 12 sales = $400 × 30 = $12,000
Total cost of July 23 purchases = 120 × $450 = $54,000
Total cost of inventories after July 23 = $12,000 + $54,000 = $66,000
Weighted average unit cost after the July 23 purchase = $66,000 ÷ 160 = $440 per unit