1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
babunello [35]
3 years ago
10

Studies on a machine that molds plastic water pipe indicate that when it is injecting 1-inch diameter pipe, the process standard

deviation is 0.05 inches. The one-inch pipe has a specification of 1-inch plus or minus 0.10 inch. What is the process capability index (Cpk) if the long-run process mean is 1 inch?a. 0.50.b. 0.67.c. 1.00.d. 2.00.
Business
1 answer:
Otrada [13]3 years ago
3 0

Answer:

b. 0.67

Explanation:

UCL = 1 + 0.10

        = 1.10 inch

LCL = 1 - 0.10

       = 0.9 inch

standard deviation = 0.005 inch

mean = 1 inch

Cpk

= min[(UCL - mean)/(3*standard deviation) , (mean - LCL)/(3*standard deviation))]

= min[(1.10 - 1)/(3*0.05) , (1 - 0.9)/(3*0.05))]

= min[0.67 , 0.67]

= 0.67

Therefore, Theprocess capability index (Cpk) if the long-run process mean is 1 inch is 0.67

You might be interested in
Consider luxury weekend hotel packages in Las Vegas. When the price is $250, the quantity demanded is 2,000packages per week. Wh
konstantin123 [22]

Answer:

The elasticity is about 1.43, and an increase in the price will cause hotels' total revenue to decrease

Explanation:

The formula of the midpoint for the variation of the quantity is  \frac{Q2-Q1}{(Q2+Q1)/2} *100 and for the price is \frac{P2-P1}{(P2+P1)/2} *100. With the variation of the price and the quantity the elasticity formula is ΔQ/ΔP. Replacing the elasticity is -1.43

The price elasticity of the demand is bigger than 1, that means that the demand is elastic, every increase of the price will cause a bigger decrease of the quantity, the revenue will drop because the increase of the price do not compansete the decrease of the quantity.

6 0
3 years ago
Recording sales, returns, and discounts taken LO P2 Prepare journal entries to record each of the following sales transactions o
OLEGan [10]

Answer:

Apr. 1

J1

Trade Receivable $6,600 (debit)

Sales Revenue $6,600 (credit)

J2

Cost of Sales $3,960 (debit)

Merchandise $3,960 (credit)

Apr. 4

J1

Sales Revenue $740 (debit)

Trade Receivable $740 (credit)

J2

Merchandise $444 (debit)

Cost of Sales $444 (credit)

Apr. 8

J1

Trade Receivable $2,800 (debit)

Sales Revenue $2,800 (credit)

J2

Cost of Sales $1,960 (debit)

Merchandise $1,960 (credit)

Apr. 11

Cash $5,860 (debit)

Trade Receivable (credit)

Explanation:

Perpetual method of inventory keeps a record of cost of inventory after every sale.

Thus, for every sale transaction remember to recognize the Sales Revenue and the Cost of Sales that follow the sale.

For any returns, De-recognize the Sales Revenue - to the extend of the <em>credit granted</em> and also de-recognize the Cost of Sales to the extend of the <em>value of Inventory returned</em>.

4 0
3 years ago
Assume that at the end of the next year, Company A will pay a $2.00 dividend per share, an increase from the current dividend of
Bezzdna [24]

Answer:

The  value of the stock is $28.57

Explanation:

Data provided in the question:

Dividend paid at the end of the year, D1 = $2.00 per share

Increase in dividend = $1.50 per share

Growth rate, g = 5% = 0.05

Required rate of return = 12% = 0.12

Now,

Price with constant Dividend Growth model = D1 ÷ ( r - g )

= $2 ÷ ( 0.12 - 0.05 )

= $28.57

Hence,

The  value of the stock is $28.57

4 0
3 years ago
Tuition of $2200 is due when the spring term begins, in What amount should a student deposit today, at to have enough to pay tui
Angelina_Jolie [31]

Answer:

Since Interest Rate and Period is not given; we would assume the spring term begins in 4 months and

Explanation:

First we will require to use the compound interest formula.

It is not mentioned the compounding period in the question. However, many of the bank accounts today offer monthly compounding, and this will be used as the basis.

i=interest rate=7.62% p.a => 7.62/12=0.635% per month

FV=PV(1+i)^n

FV=future value = 2200

PV=present value, to be found

i=interest rate per compounding period (month)=0.00635

n=number of periods=4

2200=PV(1+0.00635)^4

PV=2200/(1.00635^4)

PV=$2144.99

In case interest is not compounded, we could apply the simple interest formula:

FV=PV(1+ni)

PV=2200/(1+4*0.00635)

PV=$2145.504

5 0
3 years ago
The following two assets and payout data are given​ below: Asset A​: Pays a return of​ $2,000 20% of the time and​ $500 80% of t
andrew-mc [135]

Answer:

I would prefer Asset B

Explanation:

A risk averse investor is the one who prefers lower amount of returns with known or specific risks instead of the higher amount of returns with unknown risks. So, from among the various level of risks, the investor will be preferring the alternative with the least interest.

So, in this case,

In Asset A: pay a return of $2,000 and at 20% of time and the $500 at 80% of time.

In Asset B: pay a return of $1,000 and at 50% of time and the $600 at 50% of time.

So, I would prefer, Asset B as it has low return but have a known risk that is of 50 -50.

6 0
3 years ago
Other questions:
  • How did trickle-down economics claim to increase government tax revenues?
    7·1 answer
  • An opera house is offering three performances and has two types of consumers. The performances are "Carmen," "Madama Butterfly,"
    12·1 answer
  • At the beginning of the month, the Painting Department of Skye Manufacturing had 20,000 units in inventory, 70% complete as to m
    7·1 answer
  • The three main methods that can be used to achieve the efficient use of a common resource are:___________.
    10·1 answer
  • analyze how a person's ethics or values might affect his performance on the job. Can someone help me or give me a few example?
    9·1 answer
  • Following is the information concerning operating activity for Annette County. For the year ended June 30, the net change in tot
    11·1 answer
  • A manufacturer of industrial grade gas handling equipment wants to have $725,000 in an equipment replacement contingency fund 10
    13·1 answer
  • for brainliest and 100 points !!!!the unemployment rate is 5%. there are 139179 people working in the country. calculate the lab
    6·2 answers
  • Need help on econ please and thank you
    11·1 answer
  • How to write a recommendation letter for a student?.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!