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Phoenix [80]
3 years ago
6

Drying times for newly painted microwave oven cabinets are normally distributed with a mean of 2.5 minutes and a standard deviat

ion of 0.25 minutes. After painting, each cabinet is mated with its electronic modules and mechanical components. The production manager must decide how much time to allow after painting before these other components are installed. If the time is too short, the paint will smudge and the unit will have to be refinished. If the time is too long, production efficiency will suffer. A consultant has concluded that the time delay should be just enough to allow 99.8% of the cabinets to dry completely, with just 0.2% ending up being smudged and sent back for refinishing. Given this information, for what time setting should the production manager set the automatic timer that pauses the production line while each cabinet dries?
Business
1 answer:
Marina86 [1]3 years ago
5 0

Answer: 3.22

Explanation:

Given that;

mean = 2.5 min

standard deviation = 0.25 min

now to get the value of X required, we say

z = (x - u) / a

where z is the distance from the mean measured in the standard deviation units, x is the value we are interested in, u is the mean distribution, a is the standard deviation of the distribution.

the time delay should be just enough to allow 99.8% of the cabinets to dry completely = 99.8/100 = 0.9980

first we determine an appropriate z value.

Using the standardized normal tables,

value of z for approximately 0.9980 is 2.88

so using our initial equation z = (x - u) / a

we substitute the value

z = (x - u) / a

2.88 = ( x - 2.5) / 0.25

2.88 * 0.25 = x - 2.5

0.72 = x - 2.5

x = 0.72 + 2.5

x = 3.22

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Answer:

b. 20

Explanation:

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Total Cost = Variable cost + Fixed cost

Total Cost = Fuel, crew, and airplane maintenance cost + Airport fee

Total Cost = (5 X 10000) + 20,000 = $70,000

For 6 flights per month

Total Cost = Variable cost + Fixed cost

Total Cost = Fuel, crew, and airplane maintenance cost + Airport fee

Total Cost = (6 X 10000) + 20,000 = $80,000

Additional Cost for 6th flight = $80000-70,000 = $10,000

Minimum No. of Passenger to cover the cost = Additional cost / Ticket price per seat

Minimum No. of Passenger to cover the cost = $10,000 / $500 = 20 seats passengers.

3 0
3 years ago
The Wall Street Journal reports that the current rate on 5-year Treasury bonds is 2.20 percent and on 10-year Treasury bonds is
Elanso [62]

Answer:

E(5r5) = 0.06

Explanation:

The expected rate <u><em>(which is the the projected return on a monetary investment)</em></u> on the treasury bonds at 4.05% can be calculated as seen below:

Rate on 5-year Treasury Bonds, E(r5) = 2.20%

Rate on 10-year Treasury Bonds, E(r10) = 4.05%

(1 + E(r5))^5 * (1 + E(5r5))^5 = (1 + E(r10))^10

1.0220^5 * (1 + E(5r5))^5 = 1.0405^10

1.11495 * (1 + E(5r5))^5 = 1.48738

(1 + E(5r5))^5 = 1.33403

1 + E(5r5) = 1.05933

E(5r5) = 0.05933

E(5r5) = 0.06

5 0
4 years ago
Rihanna Company is considering purchasing new equipment for $450,000. It is expected that the equipment will produce net annual
mariarad [96]

Answer:

7.5 years

Explanation:

Payback is the period a project takes to recover its initial capital outflow.

The formula for calculating the payback period = Initial investments divide by net cash flow per period.

Payback Period = Initial Investments/ Net Cash Flow per Period

Payback period = $450,000/ $60,000

Payback period =7.5 years

8 0
3 years ago
Listed below are year-end account balances ($ in millions) taken from the records of Symphony Stores. Debit Credit Accounts rece
goblinko [34]

Answer:

TOTAL ASSETS  $2,303,000

Explanation:

Some

Symphony Balance Sheet

$39,000  Cash

$710,000 Accounts Receivable

$20,000  Prepaid Rent

$30,000  Interest Receivable

$8,000    Supplies

$16,000   Inventory

$823,000  TOTAL CURRENT ASSETS  

$920,000 Building and Equipment

-$80,000 Accum Depreciation

$40,000  Trademark

$450,000 Notes Receivable

$150,000 Land

$1480,000  TOTAL NONCURRENT ASSETS  

$2303,000  TOTAL ASSETS  

$560,000  Accounts Payable  

$30,000  Cash Dividend Payable

$40,000   Deferred Revenue  

$65,000  Income Tax Payable

$695,000 TOTAL CURRENT LIABILITIES  

$800,000  Notes Payable  

$800,000  TOTAL NONCURRENT LIABILITIES  

$1495,000  TOTAL LIABILITIES  

$485,000  Additional Paid in Capital  

$15,000    Common Stock  

$308,000  Retained Earnings  

$808,000  TOTAL EQUITY  

$2303,000  TOTAL EQUITY + LIABILITIES  

Some reclassification are needed to do before report the total Assets

Allowance for uncollectible accounts are deduct of the total amount of accounts receivables

Petty Cash Fund is the same as Cash with the difference that this funds have an specific use as minor expenditures.

Account of Current Assets , the criteria is to have a liquidity speed less of one year

Cash and Petty Cash Fund

Accounts Receivable less Allowance for uncollectible accounts

Prepaid Rent

Interest Receivable

Supplies

Inventory

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Building and Equipment

Accum Depreciation

Trademark

Notes Receivable

Land

Account of Current Liabilities , the criteria is to have a liquidity speed less of one year

Accounts Payable  

Cash Dividend Payable

Deferred Revenue  

Income Tax Payable

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Notes Payable  

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Additional Paid in Capital  

Common Stock  

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7 0
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First, bring together the entire listing of substances wished, and report a high and occasional price estimate for each. as soon as it really is carried out, add each column of numbers to get the whole cost for each high and coffee. Then upload the two totals, after which divide with the aid of to get the common price.

Repair cost and substitute mean all non-routine, non-repetitive activities, repairs or substitutes of systems, equipment, or device required for continuity of operations, safety, and running overall performance this is vital to prevent or correct a failure of the Pelletier Facility and which aren't protected as a component.

Learn more about repair costs here brainly.com/question/22932657

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4 0
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