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lawyer [7]
2 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]2 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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FARO Technologies, whose products include portable 3 D measurement equipment, recently had 17 million shares outstanding trading
zysi [14]

Answer:

a. Market signaling studies suggest that the price of existing FARO shares will fall.

b. $60,000,000

c. 8.403%

d. $38.471

Explanation:

Given

New Shares: $200,000,000

Existing Shares: $17,000,000

Price per Share: 42

a.

Because the stock of the FARO Technologies is overvalued at the current price

b.

Expected Loss: 30% * New Shares Size

New Shares Size = $200,000,000 (given)

Expected Loss = 30% * $200,000,000

Expected Loss = $60,000,000

c.

Percentage of the value of FARO’s existing equity = Ratio of New Expected Share Value to Existing Share Value

Expected Share Value = $60,000,000

Existing Share Value = Price per Shares * Existing Shares

Existing Share Value = 42 * $17,000,000

Existing Share Value = $714,000,000

Percentage of FARO's Existing Equity = $60,000,000 ÷ $714,000,000

Percentage = 8.403%

d.

The price FARO should expect its existing shares to sell

= Price per Share (1 - Percentage of Existing Equity)

Price per Share = 42

Percentage Existing Equity = 8.403%

The price FARO should expect its existing shares to sell = 42(1-8.403%)

The price FARO should expect its existing shares to sell = 42(1-0.08403)

The price FARO should expect its existing shares to sell = 42 * 0.91597

The price FARO should expect its existing shares to sell = $38.47074

The price FARO should expect its existing shares to sell = $38.471 ----- Approximated

7 0
2 years ago
Tom’s T.V.’s sold one of their premium products, a new 60" flat screen 3D T.V. to a customer who paid $2,000 in cash. How would
nikdorinn [45]

Answer:

Impact of $2,000 sale on accounting equation is as follow:

Accounting Equation

 Asset             =        Equity           +      Liabilities

Cash+2000        Sales+2,000            No Effect

As cash an asset for the business, so the receipt will increase the balance of assets of the company. The revenue is ultimately adjusted to equity in the form of net income after deducting all the expenses. This transaction will result in increase of equity balance by the sale amount.

Explanation:

The Following journal Entry will support my answer:

Sales amount = 2,000

As this transaction is made on cash basis the following Journal entry will be recorded for this event.

                   Dr.          Cr.

Cash       $2,000

Sales                    $2,000

5 0
3 years ago
How is a contingent liability reported if it is considered ""reasonably possible?""
viva [34]

This is because a loss would be recorded (debit) and liability established (credit) in advance of the settlement.

Responsibility is the responsibility of the individual or company and is usually the amount. Debts are settled over time by the transfer of economic interests, including money, goods, or services. The liabilities shown on the right side of the balance sheet include loans, liabilities, mortgages, income receivable, borrowings, guarantees, and accrued expenses.

Liability can be compared to assets. Debt is what you owe or owe. An asset is something you own or owe.

Main findings

Responsibility (generally) is something that owes someone else.

Liability may also mean legal or regulatory risk or obligation. In

accounting, companies compare liabilities to assets.

Current liabilities are short-term financial liabilities of companies that are due within a year or within the normal business cycle (such as accounts payable).

Long-term (long-term) liabilities are liabilities that are recorded on the balance sheet and are due within one year.

Learn more about Liability here: brainly.com/question/24534918

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3 0
2 years ago
What two accounting equalities must be maintained in transaction analysis?
STALIN [3.7K]

Two accounting equalities to maintain in transaction analysis are Assets and Liabilities + Equity.

One key element of performing accounting transaction analysis is ensuring that the accounting equation is balanced. This means that for every debit account entry, you must have a credit account entry of the same amount.

This accounting equation works as-

Assets = Liabilities + Equity

Assets- This refers to the resources of a company and includes cash and cash equivalents, accounts receivable, and inventory.

Liabilities and equity- The liabilities of a company refer to its financial obligations, such as loans, long-term debts, mortgages, and notes payable.The shareholder’s equity of a company refers to the dollar value of the company and can be calculated by subtracting its liabilities from its assets. Both liabilities and equity show how the company has financed its assets.

To learn more about transaction analysis here

brainly.com/question/20983891

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4 0
1 year ago
Fiwrt Corporation manufactures and sells stainless steel coffee mugs. Expected mug sales Fiwrt (in units) for the next three mon
olga55 [171]

Answer:

The number of mugs Fiwrt should plan on producing during the month of November is 35400 units of mugs.

Explanation:

Production unit (november) = Sale unit + Desired ending inventory-Beginning inventory

                                               = 36000 + (34000*30%) - (36000*30%)

                                              = 35400 Units

Therefore, The number of mugs Fiwrt should plan on producing during the month of November is 35400 units of mugs.

8 0
3 years ago
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