Answer:
0.333
Explanation:
Cpk = Cpl or CPU ( the lower is taken as the cpk)
Where Cpl = (USL - Mean)/ 3 × standard deviation
CPU = (mean - LSL)/3 × standard deviation
Where
The process mean = 5
Tolerance = 0.05
Sample mean = 5.000 inches
Standard deviation (sd) = 0.050 inches
Upper standard limit (USL) = 5 + 0.05 = 5.05
Lower standard limit (LSL) = 5 - 0.05 = 4.95
Cpl = (USL - Mean)/ 3 × standard deviation
= (5.05 - 5)/ 3 × 0.05
= 0.05/0.15
Cpl = 0.333
Cpk = Cpl = 0.333
Answer:
- the costs of training employees in quality
- the costs of measuring and inspecting products and services
Explanation:
Indeed, this form of cost is very much important to improve upon quality standards in manufacturing firms.
Remember, they can be directly related to the products like;<em> inspecting work-in-process and finished goods, </em>or they could be indirect like;
- cost of hiring staff to provide inspections
- cost of equipment inspection
- cost of printing/producing inspection document guide, etc
Answer:
D) The focus in service is on revenue maximization, while the focus in manufacturing is on cost minimization.
Explanation:
You can set up a manufacturing location in different places, mostly depending on the costs associated with the supply management (both upstream and downstream).
While location is extremely important for a service provider and its capacity to generate revenue, e.g. a hotel or a restaurant cannot be located in the middle of nowhere.
Answer:
The reason which is not used for allocating the internal costs to the cost objects is to measure the selling price of the products.
Explanation:
Internal cost is the cost on which the businesses or company bases its price on which involve costs such as energy, plant, equipments and materials.
Cost objects is the department or the product for which costs are evaluated or measured. For example, a product is the cost object for direct labor and direct materials.
And the reason which is not used for allocating the internal cost to the cost objects is the evaluation of the selling price of the product as in a market, selling prices are determined or set by the demand and the supply factor.
