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Archy [21]
3 years ago
5

A process that produces computer chips has a mean of .04 defective chip and a standard deviation of .003 chip. The allowable var

iation is from .034 to .046 defective.a. Compute the capability index (Cp) for the process. (Round your intermediate calculations to 3 decimal places and final answer to 2 decimal places.) Capability index b. Is the process capable?1.No2.Yes
Business
1 answer:
FrozenT [24]3 years ago
3 0

Answer:

a) 0.667

b) Yes

Explanation:

Data provided in the question:

Mean = 0.04 chip

Standard deviation, s = 0.003 chip

Lower Specification Limit, LSL  = 0.034

Upper Specification Limit, USL = 0.046

Now,

a) Capability Index = ( USL - LSL ) ÷ ( 6 × s )

or

Capability Index = ( 0.046 - 0.034 ) ÷ ( 6 × 0.003 )

= 0.667

b) Cpk = min( [( USL - Mean) ÷ ( 3s ) , ( Mean - LSL) ÷ ( 3s ))

or

Cpk = min( ( 0.046 - 0.04) ÷ (3 × 0.003 ),  ( 0.04 - 0.034 ) ÷ ( 3 × 0.003 ))

or

Cpk = min( ( 0.046 - 0.04) ÷ (3 × 0.003 ),  ( 0.04 - 0.034 ) ÷ ( 3 × 0.003 ))

or

Cpk = min( 0.667, 0.667 )

Therefore,

Cpk = 0.667

as Cp and Cpk are equal

Hence, it is ideal condition and process is capable

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Answer:

C) Items in transit sold f.o.b. destination.

Explanation:

Ending inventory = all items in hand plus all purchases bought FOB shipping point plus all sales sold FOB destination.

FOB shipping point means that the title of the goods is transferred once the goods leave the seller's warehouse.

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3 years ago
The following selected information is from Princeton Company’s comparative balance sheets. At December 31 2017 2016 Common stock
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Answer:

Princeton Company

The T-accounts are attached.

Explanation:

They can also be obtained as follows:

1. T-accounts to calculate the Cash received from the sale of its common stock during 2017:

Common Stock & APIC

Closing balance of common stock = $131,000

Closing balance of APIC = $593,000

less Opening balance of common stock = $126,000

less Opening balance of APIC = $355,000

Cash collected = $243,000

2.  T-account to calculate the cash paid for dividends during 2017:

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Add net income = $61,000

Less closing balance = $339,500

Cash Dividends paid = $35,000

Download xlsx
8 0
3 years ago
Consider a risky portfolio. The end-of-year cash flow derived from the portfolio will be either $40,000 or $135,000, with equal
pogonyaev

Answer:

a. $76,754

.38

b. 14%

c. $73,529

Explanation:

a. The computation of portfolio is given below:-

Risk Premium

= Required return - Risk free rate

= 10% + 4%

= 14%

Expected value of the payoff

= $40,000 × 1 ÷ 2 + $135,000 × 1 ÷ 2

= $87,500

Value of portfolio = $87,500 ÷ (1 + 14%)

= $76,754.39

b. The calculation of expected rate of return on the portfolio is shown below:-

= ($87,500 - $76,754.39) ÷ $76,754.39

= 14%

c. The calculation of risk premium is shown below:-

Risk premium = Required return - Risk free rate

Required return = 15%+4% = 19%

Expected rate of the payoff

= $40,000 × 1 ÷ 2 + $135,000 × 1 ÷ 2

=$87500

Value of portfolio

= $87,500 ÷ (1 + 19%)

= $73,529

4 0
3 years ago
Mendel studied pea plants for particular traits. When observing the results of his experiments, he created two laws of inheritan
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Scientific laws are created when a theory has stood the test of time and cannot be proven wrong. A scientific law is a statement based on repeated experimental observations that describes some aspects of the universe. Hope this answers the question.
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DEF Ltd is a global leader in the manufacture, integration and support of networking and telecommunications systems. The company
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DEF Ltd's main problem is the inaccuracy regarding the recognition of revenue and other inconsistencies in financial reporting. This problem includes:

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Moreover, these problems are intended to be solved through a review process and training seminars. These two ideas are useful for the problem; however, the company might face some challenges and problems such as:

  • Lack of control in all branches: DEF Ltd seems to be a big company with multiple branches around the world. This makes it difficult for the company to control all financial records even if employees are educated about the process through seminars.
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Note: This question is incomplete; here is the missing part:

Using the disclosures above as a starting point, brainstorm about the challenges regarding internal controls and that a company may face in doing business internationally?

Learn more in: brainly.com/question/10916805

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