1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Dahasolnce [82]
3 years ago
12

On the production line the company finds that 99.7% of products are made correctly. You are responsible for quality control and

take batches of 30 products from the line and test them. What number of the 30 being incorrectly made would cause you to shut down production? Less than 29 Less than 30 Less than 25 Less than 28
Business
1 answer:
Rina8888 [55]3 years ago
3 0

Answer:

correct option is   Less than 29

Explanation:

given data

probability of correct product P = 99.7 %

no of product n = 30

to find out

What number of the 30 being incorrectly made would cause you to shut down production

solution

we know here probability of incorrect production = 100 - 99.7 = 0.3%

so here out of 30 sample

permissible incorrect production are  = 0.3% of 30

permissible incorrect production = 0.9

so we can say that correct product = 30 - 0.9 = 29.1 product

so there will be 29.1 correct products

and anything lesser will lead to plant shut down

so correct option is   Less than 29

You might be interested in
Short-term, intermediate-term, and​ long-term goals are similar in that all represent important financial objectives to be accom
lbvjy [14]

Answer:

Though its not explicity mentioned in the question, I am assuming you want to know the correct option. The correct option in this case is option 2.

Explanation:

As stated in the question, the difference in classifying goals as either long term, short term or intermediate depends on the time frame involved.

Short term goals can be achieved in a few months generally and are set to define goals with the time horizon of a maximum of 1 year.

A long term goal, as the term suggests, is one that takes a significant amount of time. Generally, long term goals are set using a time frame of 10 years.

Given that long term goals cover a longer time period while a short term goal covers a span of 1 year, individuals many times set intermediate goals to keep them motivated. Intermediate goals therefore generally cover a time frame of 2 to 5 years.

Therefore, in the context of the question, these three types of goals can take from 1 to 10 years to accomplish

6 0
4 years ago
Growing perpetuity: You are evaluating a growing perpetuity investment from a large financial services firm. The investment prom
andrey2020 [161]

Answer:

The correct answer is $357,142.86.

Explanation:

According to the scenario, the given data are as follows:

Initial payment = $20,000

Growth rate = 3.4%

Discount rate = 9%

So, we can calculate the present value, by using following formula:

Present Value = Initial payment ÷ ( Discount rate - Growth rate)

By putting the value, we get

= $20,000 ÷ (0.09-0.034)

= 357,142.86

Hence, The present value of this Growing perpetuity is $357,142.86

8 0
3 years ago
What is the best reason for homebuyers to create a budget before taking out a mortgage?
Pavlova-9 [17]

Answer:

B. planning on selling their homes before the term of the loan ends.

Explanation:

just took the test

4 0
3 years ago
Haver Company currently produces component RX5 for its sole product. The current cost per unit to manufacture the required 50,00
pochemuha

Answer:

The incremental costs of making and buying component RX5 is $100,000

Explanation:

For computing the increment cost of making and buying component RX5, first we have to compute the cost of making and buying component RX5 separately.

Cost of making includes:

Direct Material = 50,000 × $5 = $250,000

Direct Labor = 50,000 × 9 = $450,000

Variable Overhead cost = 50,000 × 10 × 30% = $150,000

So, total cost of making = Direct material cost + direct labor cost + variable overhead cost

= $250,000 + $450,000 + $150,000

= $850,000

Now, the cost of buying component is equals to

=  units × RX5 per unit

= 50,000 × $19

= $950,000

So, the incremental costs of making and buying component RX5 is equals to

= cost of making - cost of buying component

= $950,000 - $850,000

= $100,000

Hence,  the incremental costs of making and buying component RX5 is $100,000

7 0
4 years ago
Which of the following best illustrates the importantance of addressing the three questions of economics
kupik [55]

Answer:

The three question of economics are: what to produce, how to produce and for whom to produce? All of this implicate the scarcity of resources, which is what sums up all three questions. How to efficiently use what we have in order to make the biggest output possible? Inputs are limited, and businesses should use resources wisely, in a planned manner.

4 0
3 years ago
Other questions:
  • One difference between project management and project leadership is that project management includes
    6·1 answer
  • Complete the sentence. Entrepreneurs are visionaries who __________. A. anticipates future consumer demands B. wear vision-corre
    13·1 answer
  • Yoshino, Inc., a merchandising company, has the following budgeted figures:
    11·1 answer
  • On March 1, 2021, Stratford Lighting issued 10% bonds, dated March 1, with a face amount of $690,000. The bonds sold for $678,00
    10·1 answer
  • In 2010, a country imported goods worth $500 billion and exported goods worth $443 billion. It exported services worth $248 bill
    6·1 answer
  • Marwick's Pianos, Inc., purchases pianos from a large manufacturer and sells them at the retail level. The pianos cost, on the a
    14·1 answer
  • On March 1, 2014, Zobrist Company acquired real estate, on which it planned to construct a small office building, by paying $79,
    14·1 answer
  • Trainees are put through a two-month school. The fixed cost of running one session of this school is $150,000. Any number of ses
    10·1 answer
  • On January 1, 2020, Tamarisk Co. leased a building to Carla Vista Inc. The relevant information related to the lease is as follo
    15·1 answer
  • The revenue recognition principle states that companies typically record revenue:_____.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!