Answer:
Material Price Variance = $2,500 Unfavorable
Explanation:
Standard fabric for each cap = 2.00 yard
Standard price per yard = $2.00 per yard
Actual price per yard = $2.10
Actual Quantity = 25,000 yards
Materials price variance = (Standard price - Actual Price) 
Actual Quantity
= ($2.00 - $2.10) 25,000 = - $0.10 25,000
= - $2,500
Since it is negative in value it is Unfavorable
Answer:
Cp = 1.667
Cpk = 1.25
The filling process will deliver the customer's specifications since Cp > 1 and Cpk > 1
Explanation:
Given data:
Customer Specification 3.98 4.02
Process Average 4.005
Process Standard Deviation 0.004
<u>Calculate the Cp and Cpk values</u>
Cp = Δ customer specification / ( 6 * std )
= (4.02 - 3.98 ) / ( 6 * 0.04 )
= 0.04 / 0.24 = 0.1667 + 1 = 1.667
Cpk ( upper ) = ( 4.02 - process average ) / ( 3* std )
= ( 4.02 - 4.005 ) / ( 3 * 0.004 ) = 1.25
Cpk ( lower ) = ( process average - 3.98 ) / ( 3 * std )
= ( 4.005 - 3.98 ) / ( 3 * 0.04 ) = 2.083
Cpk = minimum value of Cpk = 1.25
Answer:
Steve
Explanation:
because he can get in contact with Steve while in the hotel
Answer: Introducing mass production methods into his business.
Explanation:
As the given information suggests that Cameron has a small graphic design business. He is responsible for customizing social websites which is a creative and time consuming task. This also require a lot of thinking and innovation skills. At the verge of expanding his business he should avoid mass production as this will likely to reduce his quality of production and limit his creativity.
