Answer:
0.25
Explanation:
Process Capability measures the efficiency of a process
It is given by this equation
Cp = (USL-LSL)/6σ
Where USL is the upper Specification Limit = 1.003
and LSL is the Lower Specification Limit = 1 inch
σ is the standard deviation = 0.002 inches
Therefore
Cp = (1.003 - 1)/6 × 0.002
=0.003/0.012
Cp = 0.25
Answer:
Business overhead expense insurance
Explanation:
Business overhead expense insurance is an expense compensation scheme that covers the fixed monthly overhead expenses required to keep a business running, after a duration of absence, until the insured owner returns.
Answer:
Option (c) is correct.
Explanation:
A good is rival in consumption when the consumption by one individual reduced the availability or satisfaction level to the next person and a good is not rival when the consumption of good by one individual doesn't reduce the utility obtained from the good for other individuals.
A good is excludable when a particular person is restricted from the consumption of good and a good is non excludable when one person cannot exclude others from consuming it.
There are certain examples of common resource such as:
(i) Clean water in river
(ii) Air
(iii) a fish in the ocean
All the above goods are rival in consumption and non-excludable.
Let's talk about clean water, if a person take some water from the ocean then the water available for the other persons is reduced and one person cannot exclude other person from consuming it.
The answer would be they have developed a strategy
Answer:
The correct answer is B.
Explanation:
Giving the following information:
Unit sales 50,000
Units Dollar sales $ 500,000
Fixed costs $ 204,000
Variable costs $ 187,500
First, we need to calculate the unitary selling price and variable cost:
Unitary Selling price= 500,000/50,000= $10
Unitary variable cost= 187,500/50,000= $3.75
Break-even point (dollars)= fixed costs/ contribution margin ratio
Break-even point (dollars)= 204,000/ [(10 - 3.75)/10]= $326,400
