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Veronika [31]
4 years ago
5

Discuss the logic underlying the use of three-sigma limits on Shewhart control charts. How will the chart respond if narrower li

mits are chosen
Business
1 answer:
AnnZ [28]4 years ago
7 0

Answer:

The Shewhart control charts are charts used to monitor processes and behaviours in businesses statistically to ensure they are under control. They have been known to produce superb results especially with the use of the 3-sigma limits. The use of narrower limits provides practicality in testing more scenarios, the investigation of more causes and detection of more false causes.

Explanation:

The use of the 3 sigma limits in the Shewhart control charts using narrow limits provides for better control of business enterprises by ensuring that more investigations and detection of false causes are conducted. Thes gives a much more specific range of results in practice compared to the wide range approach.

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What percentage of greek students would participate in a hazing activity, even if it made them uncomfortable?
pogonyaev

Less than 10% is the percentage of Greek students that would participate in a hazing activity, even if it made them uncomfortable. This percentage is justifiable because student participation in hazing activities is prohibited and the accompanying danger to physical and mental health induced to a student is one factor that makes it more off-putting.

4 0
3 years ago
How does the use of new technology in industry benefit producers more so than consumers?
katen-ka-za [31]

The use of new technology in industry has benefited producers more so than consumers as, "Producers can transport goods around the world."

With faster decision-making and quick responses, the new technology enables producers to become more competitive in the market. The technology is helping to increase the efficiency of systems, products and services.

With the help of technology, the products which are produced are being marketed and then they are being transported around the world. This way it enables the business to grow rapidly and increases the profits.

Through the use of technology, businesses can research the market. This is extremely useful as it provides businesses with in-depth knowledge about market conditions.

Hence, the use of new technology in industry has benefited producers more so than consumers.

To learn more about the producers and consumers here:

brainly.com/question/7103791

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4 0
2 years ago
On December​ 31, 2018 the balance in Energy Exploration​ Company's Unearned Revenue account was a credit of $ 10 comma 000. In​
sashaice [31]

Answer:

$15,000

Explanation:

Given that,

Credit balance in Unearned Revenue account = $10,000

Advance payment by a customer = $12,000

Revenue earned during January = $7,000

Balance in unearned revenue:

= Credit balance in Unearned Revenue account + Advance payment by a customer - Revenue earned during January

= $10,000 + $12,000 - $7,000

= $15,000

Therefore, the balance in Unearned Revenue on January​ 31, 2019 is $15,000.

5 0
3 years ago
Hudson Co. reports the contribution margin income statement for 2015. HUDSON CO.Contribution Margin Income StatementFor Year End
dsp73

Answer:

1) $60 2) 25% 3) 5,400 units 4) $1,296,000

Explanation:

Part 1: Compute the Contribution Margin Per Unit based on the new selling price of $240

= New Selling Price - Variable Cost per unit = $240- $180 = $60 per unit

Part 2) Compute Hudson Co's contribution Margin Ration

= The Contribution per unit (determined in step 1 )/ Selling Price x 100

= 60/240 x 100= 25%

part 3)   Compute Hudson Co.'s break-even point in units.

the formula = Fixed cost/ contribution margin per unit pre-determined

= $324,000/ $60 = 5,400 units

Part 4) Compute Hudson Co.'s break-even point in sales dollars.

The formula = Fixed cost/ the predetermined Contribution margin

= $324,000/25%= $324,000/0.25 = $1,296,000

7 0
3 years ago
Mayan company had net income of $33,480. the weighted-average common shares outstanding were 9,300. the company has no preferred
Dvinal [7]

Answer:

Earnings Per Share = $3.6

Explanation:

Given

Net Income Average = $33,480

Weighted-average common shares outstanding = 9,300

Shares sold = 4,300

Required

Calculate the company's earnings per share.

Earning per share is calculated as thus;

Let N represent the Net Income; P represent the Preferred Dividend and W represent the Weighted-average common shares outstanding

Earnings Per Share = \frac{N - P}{W}

The question says there was no preferred stock;

So, P= 0

Substitute $33,480 for N and 9,300 for W.

The formula becomes;

Earnings Per Share = \frac{33,480 - 0}{9300}

Earnings Per Share = \frac{33,480}{9300}

Earnings Per Share = 3.6

Hence, the calculated Earnings per share of Mayan company is $3.6

3 0
3 years ago
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