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lawyer [7]
3 years ago
12

Tom is the quality control manager for the company XYZ. XYZ recently received some complaints about its product A's quality and

the general manager Steve requested Tom to investigate it. To gain a better understanding of the production process, Tom decided to use p-chart to monitor and identify the assignable cause variations. For the next 8 working days, Tom collected 8 samples (each of the size 100 units) and found the following number of defects, 4, 6, 0, 1, 3, 5, 8, 3.
a. What is the defect rate for sample 2? Ignore the percentage sign, and round your answer to the nearest integer. For example, if your answer is 12.34%, input 12.

Your answer is .

b. What is p-bar? Ignore the percentage sign, and round your answer to two decimals. For example, if your answer is 12.34%, input 12.34. (Note that this is different from question a.)

Your answer is .

c. What is sigma? Ignore the percentage sign, and round your answer to two decimals. For example, if your answer is 12.34%, input 12.34.

Your answer is .

d. What is upper control limit UCL for this p-chart? Ignore the percentage sign, and round your answer to two decimals. For example, if your answer is 12.34%, input 12.34.

Your answer is .

e. What is lower control limit LCL? (If LCL is negative, input 0) Ignore the percentage sign, and round your answer to two decimals. For example, if your answer is 12.34%, input 12.34. If your answer is -1.234%, input 0.

Your answer is .

f. How many outlier(s) is(are) identified? Round your answer to the nearest whole number. For example, if the answer is 3.12, input 3.

Your answer is
Business
1 answer:
serg [7]3 years ago
3 0

Answer:

Answer a= Defect rate of sample 2= 6/100 =6

Answer b=

Data  % defect % defect

4      4/800            0.005

6     6/800           0.0075

0     0/800                 0

1      1/800           0.00125

3      3/800           0.00375

5      5/800           0.00625

8      8/800              0.01

3     3/800          0.00375

Sum            0.0375

p bar =0.0375

Answer c= sigma = [p bar(1-p bar) / sample size]]0.5

Sigma = (0.0375*(1-0.0375)/100)^0.5 =0.019

Answer d= UCL=p bar + 3*(Estimated standard deviation) = 0.0375+3*0.019 =0.0945

Answer e= LCL=p bar - 3*(Estimated standard deviation) =0.0375-3*0.019 =-0.0195=0

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personal trust

Explanation:

3 0
3 years ago
You have just won the lottery and will receive $460,000 in one year. You will receive payments for 27 years, and the payments wi
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Answer:

The present Value of my winnings = $4,578,716.35

Explanation:

An annuity is a series od annual cash outflows or inflows which payable or receivable for a certain number of periods. If the annual cash flow is expected  to increase by a certain percentage yearly, it is called a growing annuity.

To work out the the present value of a growing annuity,

we the formula:

PV = A/(r-g) ×  (1-  (1+g/1+r)^n)

I will break out the formula into two parts to make the workings very clear to follow. So applying this formula, we can work out the present value of the growing annuity (winnings) as follows.

A/(r-g)

= 460,000/(12%-3%)

= $5,111,111.11

(1-  (1+g/1+r)^n

1 - (1+3%)/(1+12%)^(27)

=0.8958

PV = A/(r-g) ×  (1-  (1+g/1+r)^n)

$5,111,111.11 × $0.8958

= $4,578,716.35

The present Value of my winnings = $4,578,716.35

5 0
4 years ago
3. What is dollar voting? How can it affect the launch of the franchise into the new region?
icang [17]

Answer:

Dollar voting is an analogy that has been used to refer to the impact of consumer choice on producers' actions through the flow of consumer payments to producers for their goods and services.

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3 years ago
A company that makes organic fertilizer has supplied the following data: Bags produced and sold 200,000 Sales revenue $ 1,560,00
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Answer:

The company's degree of operating leverage is closest to $840000

Explanation:

Selling price per unit = Sales revenue / No. of bags sold

= $1560000/200000 bags = $7.8 per bag

Variable cost per unit=Total variable expenses/No. of units

= $840000/200000 units = $4.2 per bag

Company’s unit contribution margin = Selling price per unit-Variable cost per unit

= $7.8 per unit-$4.2 per unit = $3.6 per unit

Company's degree of operating leverage = Variables manufacturing expense + Variable selling and administrative expense

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5 0
3 years ago
At the beginning of the​ month, supplies were $ 6 comma 000. During the​ month, $ 7 comma 000 of supplies were purchased. At​ mo
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Answer:

Adjusting Entry

Cost of goods sold (Dr.) $11,000

Beginning Inventory (Cr.) $6,000

Purchases (Cr.)   $5,000

Closing Entry

Ending Inventory (Dr.)  $2,000

Income Summary (Cr.)         $2,000

Explanation:

The adjusting entry is made by debiting cost of goods sold account which reflects the amount of inventory sold during the month and the entry is credited by beginning inventory of $6,000 and the remaining amount which is $5,000 is credited in purchases account.

The closing entry is made by debiting the ending inventory by the amount of $2,000 and Income Summary account is credited by the same amount to close the inventory account.

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