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ohaa [14]
3 years ago
12

John is a newly minted quality engineer at MakeStuff Inc. His boss tells him to increase the process capability index of their m

ain product. John is somewhat lazy and does not want to tackle the variation in the process, so he decides to simply increase the upper specification limit and reduce the lower specification limit. Does this increase the process capability index?
Business
1 answer:
-Dominant- [34]3 years ago
4 0

Answer:

Yes, it does, though one might question if the underlying process is really better.

Explanation:

Process capability index is a statistical measure which determine the output with specification limits, in the above case increasing the increasing the upper specification limit reduces the lower specification limit as it produces the ability of output.

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Which of the following helps economists judge the overall condition of a
Svet_ta [14]

Answer:

Measuring economic indicators helps economist judge the overall conditions of a country's economy.

Explanation:

7 0
2 years ago
For a manufacturing firm, cost of goods available for sale is computed by adding the beginning finished goods inventory to
vagabundo [1.1K]
The answer is $230,000. For a manufacturing firm, cost of goods available for sale is computed by adding the beginning finished goods inventory to $230,000
8 0
3 years ago
How much should you contribute to the retirement account each pay period to take full advantage of the company match
Varvara68 [4.7K]

d) $16.92

Each paycheck is $22,000/26 times per year = $846.15

Your company will match up to 2% of this. .02*$846.15= $16.92

You should contribute this amount each pay period in order to take full advantage of the "company match" because your company will add that much money into your retirement account on top of what you pay in.

3 0
3 years ago
For​ example, if the total cost of producing three units of output is ​$2,498 and the total cost of producing four units of outp
topjm [15]

Answer:The marginal cost of fourth unit is $589

Explanation:The marginal cost of a good is defined as the cost of producing an additional one unit which increases the total cost of such good. Therefore we can say that;

Marginal cost=Total cost at 4 units - total cost at (4-1) units

 =total cost of  the  4 units - total cost of the  three units

              =3,087 -2,498

             =$589

Also using the formulae;

Marginal cost = Change in cost / change in quantity

= 3,087 -2,498/4-3 =589/1= $589

The marginal cost of fourth unit is $589

3 0
3 years ago
Woodman Company uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. Estimate
IgorLugansk [536]

Answer:

Underapplied overhead= $20,000

Explanation:

<u>Giving the following information: </u>

Estimated Actual

Direct Labor Hours: 600,000 550,000

Manufacturing Overhead Estimated $720,000 $680,000

<u>I assume that we need to calculate the over/under applied overhead.</u>

<u>First, we need to determine  the predetermined overhead rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 720,000/600,000

Predetermined manufacturing overhead rate= $1.2 per direct labor hour

<u>Now, we apply overhead based on actual hours:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 1.2*550,000

Allocated MOH= $660,000

<u>Finally, the under/over applied overhead:</u>

Under/over applied overhead= real overhead - allocated overhead

Under/over applied overhead= 680,000 - 660,000

Underapplied overhead= $20,000

5 0
2 years ago
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