An arbiter is consulted when: Neither side can agree to move forward
Answer:
Replacing the values that we have:
And solving for a we got:
So then the premium value for the insurance on this case should be 1840 dollars.
Explanation:
For this case we can define the random variable X as the gain ( in thousand of dollars) of insurance company
We assume that the premium clase charge and amount of a to the company and we know from the info given that:
represent the expected gain in thousand of dollars
The expected value of a random variable X is the n-th moment about zero of a probability density function f(x) if X is continuous, or the weighted average for a discrete probability distribution, if X is discrete.
And using the definition for a discrete random variable we know that :
Replacing the values that we have:
And solving for a we got:
So then the premium value for the insurance on this case should be 1840 dollars.
Answer: critical ratio
Explanation:
The priority rule which processes jobs according to the smallest ratio of due date to processing time is refered to as the critical ratio.
The critical ratio (CR) is typically used in sequencing work especially during projects or in organizations. For this sequencing, the job that has the lowest critical ratio will be the one that will have to be scheduled first for processing.
Answer:
C-Chart and attributes
Explanation:
CA make a foam blanks board for the surfing board so they count units numbers. They like use c-chart is an attribute control chart that is used with data collected in subgroups of similar size.
- C-charts show how the measured process changes over time with the number of adaptations to an object or group of elements.
- Non conformities is defect or events that occur within the exploited subgroup. They can be described as any non-existent attribute, but not, or should be, any feature that does not exist.
- For example a scratch, dent, bubble, scar, missing button and tear are all irrelevant. C-charts are used to determine if the process is consistent and capable, as well as to monitor process improvement principles
Answer:
D) there is a decline in the price level.
Explanation:
Inflation refers to an increase in the general price level of a country, while deflation is exactly the opposite. Deflation represents a decrease in the general price level of a country. They are both calculated the same way, only that inflation is much more "famous" and notorious since it happens very oftenly, while deflation is very rare.
But that doesn't mean that deflation is good, since it generally represents an economic decline or recession. A low inflation rate is a sign of a healthy economy because it shows that the economy is growing.
