0.142466 would be the upper control limit for a p-chart
Solution:
Given ,
Sample of 50 shipments
Average percentage of incorrect shipments = 5%
(
ESD = 
= 
= 0.03082207 ( Remove square root )
UCL = Pbar + ( 3 * ESD)
= 0.05 + (3 * 0.03082207)
= 0.14246621
Answer:
Neither the United States nor Chile has a comparative advantage in chair production.
Explanation:
A country has comparative advantage in production if it produces at a lower opportunity cost when compared with other countries.
A countrry has absolute advantage if it produces more quantities of a good when compared to another country.
America:
Opportunity cost in producing chairs = 1,000 / 100 = 10
Opportunity cost in fishing = 100 / 1000 = 0.1
For Chile:
Opportunity cost in producing chairs = 400 / 40 = 10
Opportunity cost in fishing = 40/ 400 = 0.1
Neither the United States nor Chile has a comparative advantage in chair production because they produce at the same opportunity cost.
I hope my answer helps you
Answer: Promotion
Explanation: Price, product, promotion, research, firm characteristics etc. are the elements that a domestic marketer can control on his or her level.
In the given case, Jennifer is assigned to make the plan for marketing and she wants to start her plan by determining the variables factor. As she has already determined price, product and channels of distribution she is only left with the promotion variable.
Answer:
$5.439
Explanation:
The computation the cost per equivalent unit for conversion costs is shown below:-
Units transferred = Beginning + Started into production - Ending inventory
= $13,800 + $105,000 + $26,600
= $145,400
Ending Inventory = 26,600 × 80%
= $21,280
Conversion equivalent units = Units transferred + Ending Inventory
= $145,400 + $21,280
= $166,680
Beginning work-in-process inventory = $58,115
Additional conversion costs = $833,583
Total cost = Beginning work-in-process inventory + Additional conversion costs
= $58,115 + $833,583
= $891,698
Conversion per equivalent unit = Total cost ÷ Conversion equivalent units
= $891,698 ÷ $166,680
= $5.439
<span>The river as a natural boundary is more efficient than traditional fencing is a net advantage because you don't have to repair it. The costs are therefore lower. A fence can be easily broken if people want to get over it. A river, if it is wide, is harder to get over.</span>
