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alexandr402 [8]
3 years ago
9

You want to determine the upper control line for a p-chart for quality control purposes. You take several samples of a size of 1

00 items in your production process. From the samples, you determine the fraction defective is 0.05 and the standard deviation is 0.01. If the desired confidence level is 95 percent, which of the following is the resulting UCL value for the line? The answer is not exact because of the rounding, please pick the closest number. Group of answer choices a. 0.19 b. 0.15 c. 0.03 d. 0.07 e. 0.39
Business
1 answer:
Harlamova29_29 [7]3 years ago
8 0

Answer:

The resulting UCL value for the line is 0.07. The right answer is d

Explanation:

According to the given data we have the following:

P-bar = Fraction defective = 0.05

Sp = Standard deviation = 0.01

In order to calculate the resulting UCL value for the line we have to use the following formula:

UCL = P-bar + (Z x Sp)

Using standard normal table, for 95% confidence level Z=1.96

Therefore, UCL = 0.05 +(1.96x0.01)=

                  UCL = 0.0696, Hence UCL=0.07

The resulting UCL value for the line is 0.07

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Customer Information Programs (CIPs) use several examples to define a person opening a new account. In which scenario should the
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Answer:

Option (D) is the right answer.

Explanation:

According to the scenario, the most appropriate answer is option ( D) because Stanley smith is a customer of the bank as he has a checking account in the bank.

While the other options are wrong because of the following reasons:

  • Option (A) is incorrect because the company lucky licks Inc. is the customer of the bank, not any person.
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8 0
3 years ago
Farron Corporation, which has only one product, has provided the following data concerning its most recent month of operations:
photoshop1234 [79]

Answer:

Unit product cost= $84

Explanation:

Giving the following information:

Units produced 8,700

Direct materials $13

Direct labor $55

Variable manufacturing overhead $1

Fixed manufacturing overhead $130,500

The absorption costing method includes all costs related to production, both fixed and variable. The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.

Unitary fixed overhead= 130,500/8,700= $15

Unit product cost= 13 + 55 + 1 + 15= $84

5 0
3 years ago
Seller, a Chicago business, sent a shipment of tractor parts to Buyer, a Detroit business, under a contract that read: "F.O.B.Ch
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D. Seller has the risk of loss because the tender was non-conforming, but only to the extent that Buyer's insurance does not cover the loss

Explanation:

6 0
3 years ago
In 2009, based on concepts similar to those used to estimate U.S. employment figures, the Japanese adult non-institutionalized p
tigry1 [53]

Answer: 59.27% and 4.77%.

Explanation:

Given that,

In the year 2009:

Japanese adult non-institutionalized population = 110.272 million

Labor force = 65.362 million

Number of people employed = 62.242 million

Japanese labor-force participation rate = \frac{Total\ labor\ force}{Total\ population}

                                                                  =\frac{65.362}{110.272}

                                                                  = 0.5927 or 59.27%

Unemployment rate = \frac{Total\ labor\ force - Number\ of\ people\ employed }{Total\ labor\ force}\times100

                               = \frac{65.362 - 62.242}{65.362}\times100

                               = 4.77%

7 0
2 years ago
Large-scale integrated (LSI) circuit chips are made in one department of an electronics firm. These chips are incorporated into
Masteriza [31]

Answer:

A) sample size = 23.475 ≈ 23

B) How to tell someone to do the test is by taking a sampling process of a lot of the products because this will help to figure out defective units in the line of production and also ensure that the quality of the products are up to the same quality required

Explanation:

Data given

AQL = 20%, = 0.2

LTPD = 52% = 0.52

Assuming consumer risk acceptable by company = 10%

producer risk = 5%

A) First we calculate the ratio

= LTPD / AQL = 0.52 / 0.2  = 2.6

from the table of LTPD/AQL   2.6 is closest to 2.768

to calculate the sample size we apply the formula from the exhibit table

n ( AQL ) = 4.695

Therefore n ( sample size ) = 4.695 / 0.2 = 23.475

B) How to tell someone to do the test is by taking a sampling process of a lot of the products because this will help to figure out defective units in the line of production and also ensure that the quality of the products are up to the same quality required

5 0
3 years ago
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