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DerKrebs [107]
3 years ago
14

Meena Chavan​ Corp.'s computer chip production process yields DRAM chips with an average life of 1,600 hours and sigma ​= 80 hou

rs. The tolerance upper and lower specification limits are 2,200 hours and 1,500 ​hours, respectively. Based on the given​ information, the process capability​ ratio, Cp ​= ____ ​(round your response to two decimal​ places).
Business
1 answer:
PtichkaEL [24]3 years ago
7 0

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

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Information about a property that has a significant bearing on a buyer's decision to purchase that property is referred to as a
xeze [42]

Answer: Material fact

Explanation:

Material fact would be defined as a fact that would be important to a potential purchaser in deciding whether to buy a property or not. It influences a purchaser's decision on a property, whether to buy at all or at a certain price.

5 0
2 years ago
Which stage of the planning process is Jekyll Corp. involved in if it is assessing how well alternative plans meet high-priority
Shtirlitz [24]

Answer:

Evaluating goals and plans

Explanation:

Planning is a very important activity that guides a business to achieve its set goals and objectives.

There are various stages in planning namely:

- Analysing the situation

- Selecting goals and plans

- Evaluating goals and plans

- Implementing goals and plans

- Monitoring and controlling performance.

In the given scenario Jekyll Corp. is assessing how well alternative plans meet high-priority goals while considering the cost of each initiative and the likely investment return.

This stage is the evaluation of goals and plans to see which of them will be more profitable.

It is done to identify the plan that will meet the organisation's objectives at least cost

4 0
2 years ago
A furniture manufacturer specializes in wood tables. The tables sell for $150 and incur $60 in variable costs. The company has $
In-s [12.5K]

Answer:

1. 250 wood tables

2. 250 wood tables

3. $37,500

4. 130 wood tables

Explanation:

Sales (units) required to earn a target profit = (Fixed Costs + Target Profit) ÷ Contribution per unit

Where,

Contribution per unit = Selling Price per unit - Variable Costs per unit

                                   = $150 - $60

                                   = $90

Therefore,

Sales (units) required to earn a target profit = ($11, 700 +  $10, 800) ÷ $90

                                                                        =  250 wood tables

Contribution Margin Ratio = Contribution / Sales × 100

                                           = $90 / $150 × 100

                                           = 60 %

Sales (dollars) required to earn a target profit = (Fixed Costs + Target Profit) ÷ Contribution Margin Ratio

                                            = ($11, 700 +  $10, 800) ÷ 60%

                                           = $37,500

Sales in Units to Break Even = Fixed Costs ÷ Contribution per unit

                                               = $11, 700 ÷ $90

                                               = 130 wood tables

6 0
3 years ago
To mitigate the bullwhip effect, each location in a supply chain should plan for the demand received at that location. Group of
harkovskaia [24]

Answer:

The statement is: True.

Explanation:

The bullwhip effect occurs when the quantity demanded of a product changes in a supply chain which causes one of the links of the chain to request more of that good to meet the new demand level. Ways to avoid the bullwhip effect are <em>improving retailers' forecast accuracy</em> or <em>adopting a demand-driven supply chain management</em> by which the quantity of goods received at each location implies what the retailers' request.

8 0
3 years ago
A researcher would like to study the average amount of debt owed by retired people in the United States. What could be an exampl
umka21 [38]

Retirees who had different jobs and different income levels.

In stratified sampling, the population is broken up into groups ("strata") that are distinctly <u>different</u> from each other.

8 0
3 years ago
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