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antiseptic1488 [7]
2 years ago
12

The local newspaper receives several complaints per day about typographic errors. Over a seven-day period, the publisher has rec

eived calls from readers reporting the following total daily number of errors: 4, 3, 2, 6, 7, 3, and 9. Based on these data alone, what type of control chart(s) should the publisher use?
Business
1 answer:
natima [27]2 years ago
4 0

Answer:

c-chart

Explanation:

Since the newspaper register the number of daily errors, differentiating between different days, the publisher should use a c-chart.

The c-chart is a type of control monitors "count"-type data (number of typographic errors in a paper), it is also useful for counting the number of unconformities on each unit (each day of publishing). Therefore, the c-chart is the most recommended.

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Several factors can contribute to long-term organizational success. one is the establishment of a core ideology that collins and
andrew11 [14]

Original Source Material

Student Version

Merck, in fact, epitomizes the ideological nature--the pragmatic idealism--of highly visionary companies. Our research showed that a fundamental element in the "ticking clock" of a visionary company is a core ideology--core values and a sense of purpose beyond just making money--that guides and inspires people throughout the organization and remains relatively fixed for long periods of time.

References:

Collins, J. C., & Porras, J. I. (2002). Built to last: Successful habits of visionary companies. New York, NY: Harper Paperbacks.

Several factors can contribute to long-term organizational success. One is the establishment of a core ideology that Collins and Porras (2002) describe as "core values and sense of purpose beyond just making money" (p. 48). Also, the importance of a visionary leader that guides and inspires people throughout the organization and remains relatively fixed for long periods of time is hard to over emphasize.

References:

Collins, J. C., & Porras, J. I. (2002). Built to last: Successful habits of visionary companies. New York, NY: Harper Paperbacks.

Which of the following is true for the Student Version above?

Word-for-Word plagiarism

Paraphrasing plagiarism

This is not plagiarism

This is not plagiarism.

Answer: Option 3.

<u>Explanation:</u>

Plagiarism in very simple words is the copying of the content of the document that has been written by some one else in to your own document. During this copying the due acknowledgement is also not given to the document from which it has been taken.

The document that has been talked about in the question above is not an example of plagiarism. The proof for this is the due acknowledgement given to the references from whose document the content has been taken into the document.

8 0
3 years ago
Nick wants to buy a new car, and is planning to borrow the money for his purchase from a bank. He read in the newspapers that th
Anna [14]

Answer:

True

Explanation:

Economic stimulus refers to change in monetary or fiscal policies by the Federal Reserve with growth as an objective. One of the ways of implementing economic stimulus is lowering of interest rates by the Fed.

Lowering of interest rates by the Fed would have an effect on loans availed by the public. The quantity of loanable funds shall increase which would lead to lowering of interest rates charged by the banks.

In the given case, Nick stands to gain in the sense he can avail car loan at a lower rate of interest than currently offered, if he waits for Fed to implement it's new policies.

Thus, the given statement is true.

5 0
3 years ago
What is marketing?explain the concept of marketing
Nata [24]

Answer:

Marketing is the process of getting the right goods or services or ideas to the right people at the right place, time, and price, using the right promotion techniques and utilizing the appropriate people to provide the customer service associated with those goods, services, or ideas.

Explanation:

(hope this helps)

6 0
3 years ago
At the end of November, work in process inventory consists of 181,000 units that are 50% complete with respect to conversion. Be
Dafna1 [17]

Question Completion:

Victory Company uses weighted-average process costing to account for its production costs. Conversion cost is added evenly throughout the process. Direct materials are added at the beginning of the process.

Answer:

Victory Company

                             Direct Materials       Conversion

Equivalent units         886,000                795,500

Explanation:

a) Data and Calculations:

                                           Direct Materials   Conversion Cost

Beginning WIP Inventory        $460,720             $178,988

Costs added in November    3,083,280           3,400,762

Total costs of production    $3,544,000        $3,579,750

Production Process:

Beginning Inventory =      61,000

Started and completed 644,000

Units transferred out = 705,000

Ending WIP inventory     181,000

Units under process    886,000

Equivalent units of production:

                                            Direct Materials       Conversion

Units transferred out          705,000 (100%)    705,000 (100%)

Ending WIP Inventory           181,000 (100%)      90,500 (50%)

Total equivalent units         886,000                795,500

3 0
2 years ago
What is the payback period for a project with an initial investment of $180000 that provides an annual cash inflow of $40000 for
Ahat [919]

Answer:

Option b: 5.2 Years

Explanation:

Payback period is defined as the amount of time it takes for cash returns or cash inflows of a project to recover the initial investment required for the project.  

Payback period is estimated using the cumulative cashflows. Beginning from the initial investment, deduct annual cash flows of each successive year until the cumulative cashflow turn positive.  

        Cashflow Cumulative Cashflow

Year 0 ($180,000) ($180,000)

Year 1 $40,000  ($140,000)

Year 2 $40,000  ($100,000)

Year 3 $40,000  ($60,000)

Year 4 $25,000  ($35,000)

Year 5 $25,000  ($10,000)

Year 6 $50,000  $40,000  

Year 7 $50,000  $90,000  

Year 8 $50,000  $140,000  

*Figures in brackets show negative cashflows

From the table above, it can be observed that the cumulative cashflow turn positive after year 5, which means that the payback period for the project will be somewhere between year 5 and year 6. Therefore, assuming a constant rate of cash inflows during the year, payback period for the project can be computed as  

Payback period = 5 Years + (10,000/50,000)  Years

Payback Period = 5.2 Years

7 0
3 years ago
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