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OverLord2011 [107]
3 years ago
7

Eleven baseballs are randomly selected from the production line to see if their stitching is straight. Over time, the company ha

s found that 98.3% of all their baseballs have straight stitching. If exactly nine of the eleven have straight stitching, should the company stop the production line?
Business
1 answer:
zhenek [66]3 years ago
5 0

Answer:

The production quality deviates from the standard. Production should de stopped.

Explanation:

Quality management is the process of detecting and reducing or eliminating errors in manufacturing. The focus of the process is to improve the quality of an organization's outputs.

The company standard of production is that 98,3% of their stitching must be straight. The quality can't be lower than that percentage. Any deviation must be analyzed and fixed.

In this case, 81% of the baseballs reach the minimum standard. The production should be stopped to find the cause of the deviation.

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zloy xaker [14]

The statement of partners' equity shows each partner's beginning capital balance, additional investments, allocated income or loss, partners'  withdrawals(expenses, withdrawals), and ending capital balance.

<h3>What is capital balance?</h3>

Capital Balance refers to the principal balance of a Loan at any point in time to which the Servicer applies the relevant interest rate at which interest on that Loan accrues.

Simply add up the company's total current assets and subtract the total current liabilities from that total. The result is the amount of working capital available to the company at that time.

The capital balance is the amount borrowed less the future interest rate paid in monthly installments. It is the sum you must pay if you want to settle the contract.

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8 0
2 years ago
An insurance company receives an application with some information missing and issues the policy anyway. What is this called?
AnnyKZ [126]

Answer:

The correct answer to the following question is Waiver .

Explanation:

The term waiver can be defined as a legally binding provision , in which either of the parties entered in a contract , in their own free will forfeits a claim, and other party would not be liable. These waivers can be in written from or in some sort of action. Here the insurance company has removed the potential liability of the person who has filled the application form.

6 0
3 years ago
Felipe's grandparents have given him $1,500.00 to invest while he is in college to begin his retirement fund. He will earn 2.3%
deff fn [24]

Answer:

$1,642.83

Explanation:

The amount after four years can be calculated using the formula below

A = P(1 +r)^n

where A= amount

P = Principal amount $1500

r= interest 2.3% or 0.023

n = time in year; 4

A = $1500(1 + 0.023)^4

A= $1500(1.023)^4

A=$1500x 1.095222

A=$1,642.83

8 0
3 years ago
The goal of the __________ is to resolve any pending project-related issues, critique the overall effort of the project, and dra
iris [78.8K]

Answer: wrap-up

Explanation: since every project needs to end the wrap-up aims to resolve any pending project-related issues, critique the overall effort of the project, and draw conclusions about how to improve the project management process for the future. Doing this ensures that all stakeholders of the project are satisfied, and that all acceptance criteria for the project have been met. The wrap-up is simply the concluding action of the project.

6 0
3 years ago
Complete the Transaction Worksheet: On the form provided, identify the accounts affected by each transaction and the amount of i
antiseptic1488 [7]

Answer:

I used an excel spreadsheet because there is not enough room here.

Explanation:

Download pdf
6 0
4 years ago
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