Answer:
1.46
Explanation:
The computation of the process capability ratio is shown below:
= (Upper specification limits - lower specification limits) ÷ (6 × standard deviation)
= (2,200 hours - 1,500 hours) ÷ (6 × 80 hours)
= 700 hours ÷ 480 hours
= 1.46
Simply we take the difference of specified limited and then divide it by the standard deviation by multiplying it by 6 so that the correct ratio can come
All other information which is given is not relevant. Hence, ignored it
Answer:
b.processing departments
Explanation:
The direct cost is the cost that is directly or positively related to the production of the product
It includes direct material cost, direct labor cost.
The direct cost i.e direct material cost and the direct labor cost are directly charged to the processing department because on this department, there are a number of processes through which it can make a finished product
Moreover, the cost is not identifiable and the production of goods is engaged in the same nature.
Answer:
It is generally not recommended to use a combination of both quantitative and qualitative methods.
Explanation:
For business success it is important to use a combination of qualitative and quantitative methods.
Quantitative methods involves getting insight from data by using formulas, models and other mathematical methods to draw conclusions. Facts and logic is used to make business decisions.
Qualitative methods involve insights that is not based on mathematical methods, for example finding out what motivates consumer spending. It uses tools such as surveys and interviews.
The bond worth $ 4400 at the time of the bond maturity.
<u>Explanation:</u>
Principal amount = $ 2000
Rate of Interest = 6%
Number of years = 20
SI = Pnr
= 2000 × 6 × 20 / 100
= $ 2400
The bond worth when it was matured is $ 2000 + $ 2400 = $ 4400
