Answer:
True Tuesdays meeting has been cancelled all thats needed
Answer:
Process capability index (cp) for the chip filling process is 0.56
Explanation:
Process capability index (cp) = (Upper Specification Limit - Mean) / (3 * standard deviation) = (Mean - Lower Specification) / (3 * standard deviation)
Process capability index (cp) = (10.5 - 10) / (3*0.3)
Process capability index (cp) = 5/9
Process capability index (cp) = 0.56
A. It might be important to get a lower interest rate on a mortgage because it means lower monthly payments.
Answer: False
Explanation: old style sprinklers sprayed in a circle, outward. New sprinklers are designed to spray more downwardly.
Answer:
Apple's price/marginal cost ratio, Lerner index, and the elasticity of demand is 3.76, 2.76 and - 0.36 respectively.
Explanation:
a. The computation of apple's price/ marginal cost ratio is shown below:
Price/ marginal cost ratio = Price ÷ cost
= $331 ÷ $88 = 3.76
b. The computation of Lerner index formula is shown below:
Lerner index = (Price - marginal cost) ÷ price
= ($331 - $88) ÷ $88
= $243 ÷ $88
= 2.76
c. The computation of elasticity of demand is shown below
Elasticity of demand = - 1 ÷ Lerner index
= - 1 ÷ 2.76
= - 0.36
Hence, apple's price/marginal cost ratio, Lerner index, and the elasticity of demand is 3.76, 2.76 and - 0.36 respectively.
