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timurjin [86]
4 years ago
9

Pioneer Chicken advertises "lite" chicken with 30% fewer calories than standard chicken. When the process for "lite" chicken bre

ast production is in control, the average chicken breast contains 420 calories, and the standard deviation in caloric content of the chicken breast population is 25 calories.
Pioneer wants to design a mean chart to monitor the caloric content of chicken breasts, where 25 chicken breasts would be chosen at random to form each sample. What are the limits with three standard deviations (z=3) from the target?
Business
1 answer:
zubka84 [21]4 years ago
5 0

Answer:

LL = 420 -3\frac{25}{\sqrt{25}}= 405 represent the lower limit

UL = 420 +3\frac{25}{\sqrt{25}}= 435 represent the Upper limit

So then the limits for this case are (405, 435)

Explanation:

Let's define X as our random variable that represent the "number of calories for a chicken breast", and we have the following data:

\bar X = 420 , \sigma= 25

The select a sample of 25 chickens , n = 25. And we want to find the limits for a confidence interval within 3 deviations from the mean with z =3.

We assume that the distribution for X is normal. So then the distribution for the sample mean is also normal.

And for this case the confidence interval would be given by:

(\bar X -z\frac{\sigma}{\sqrt{n}} < \mu < \bar X -z\frac{\sigma}{\sqrt{n}})

So the limits are defined as:

LL = \bar X -z\frac{\sigma}{\sqrt{n}} represent the lower limit

UL = \bar X +z\frac{\sigma}{\sqrt{n}} represent the Upper limit

Since we have all the values given we cn replace like this:

LL = 420 -3\frac{25}{\sqrt{25}}= 405 represent the lower limit

UL = 420 +3\frac{25}{\sqrt{25}}= 435 represent the Upper limit

So then the limits for this case are (405, 435)

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Maize Company incurs a cost of $34 per unit, of which $21 is variable, to make a product that normally sells for $59. A foreign
Murrr4er [49]

Answer:

$52,800

Explanation:

The computation of the increase or decrease in net income is shown below:

Particulars         Reject            Accept        net income or decrease

Revenue

(6,000 × $30)                          $198,000    $198,000

Less:

Cost

($6,600 × ($21 + $1)              $145,200     -$145,200

Net                                        $52,800       $52,800

Since the amount comes in positive so the spcial order should be accepted

3 0
3 years ago
Various financial data for the past two years follow. LAST YEAR THIS YEAR Output: Sales $ 200,100 $ 202,100 Input: Labor 30,100
kramer

Answer: $1.637; $1.404

Explanation:

Given that,

Last year:

Output - Sales = $200,100

Input:

Labor = 30,100

Raw materials = 35,100

Energy = 5,010

Capital = 50,010

Other = 2,010

Input = 30,100 + 35,100 + 5,010 + 50,010 + 2,010

         = 122,230

Total Productivity = \frac{output}{input}

                              = \frac{200,100}{122,230}

                              = $1.637

This year:

Output - Sales = $202,100

Input:

Labor = 40,100

Raw materials = 45,100

Energy = 6,050

Capital = 49,750

Other = 2,875

Input = 40,100 + 45,100 + 6,050 + 49,750 + 2,875

         = 143,875

Total Productivity = \frac{output}{input}

                              = \frac{202,100}{143,875}

                              = $1.404

8 0
3 years ago
Which of the following is an example of a capital market security? a. Common stock b. Treasury bills c. Commercial paper d. A co
Oliga [24]

Answer:

a. Common stock

Explanation:

  • The capital markets are the financial market were the long term debt and equity-backed securities are brought and sold and can be put to the long term productive use as companies make long term investments. Includes the common stocks,  government stocks and certificate of deposits
6 0
3 years ago
Your storage firm has been offered 100,000 in one year to store some goods for one year. Assume your costs are $95,000, payable
Alexandra [31]

Answer:

We should not take the contract

Explanation:

Net present value = Initial investment + Present value of cash inflows

Net present value = -95000 + 100000/1.08

Net present value = -2407.41

Thus, the contract should not be taken because the NPV is negative

8 0
3 years ago
Your utility expense grew from $233 to $267. in the same period, your staffing expense grew from $1,266 to $1,411. which expense
Zielflug [23.3K]

Answer:

Staffing expense

Explanation:

Staffing expense had the higher percentage growth rate

(233/267) × 100 = 87.265917603

(1266/1411) × 100 = 89.7236002835

7 0
2 years ago
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