The X bar chart will allow the team to monitor the central tendency of the process although the process will not be in control.
<h3>What is the
X bar chart?</h3>
This refers to a Shewhart control chart that are used to monitor the arithmetic means of successive samples of constant size.
Hence, the X bar chart will allow the OM team to monitor the central tendency of the process although the process will not be in control.
Therefore, the Option B is correct.
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Answer:
North-West Electric
Quality Department
If Ray decided to delayer his organization, what he would be doing is:
a. Reducing the number of job levels to achieve flexibility in assignments.
Explanation:
Delayering helps to cut some management layers from the organizational structure. It reduces the administrative costs of running the entire organization. Delayering helps the organization to make quicker decisions instead of following bureaucratic processes. It also increases the effectiveness and efficiency of the organization. Finally, it enables the staff to become more flexible and willing to step outside their established roles.
Answer:
A decrease in the elasticity of demand for the cartel's product.
Explanation:
The cartel is under the control of companies operating in the same area. This is undesirable. It is concluded between businesses and these contracts prevent competition. Such arrangements are also prevented by governments, which aims to promote competition among governments across the country. This type of arrangement creates unity and demonstrates business behavior in activities that prevent other competitors from entering the sector.
Adverse effects on consumers include:
1) Higher prices - cartel members can raise prices, which reduces the demand elasticity of any member.
2) Lack of Transparency - Members may agree to hide prices or hide information such as hidden charges in credit card transactions.
3) Limited production - Members may agree to limit market production, such as OPEC and oil quotas.
4) Build Market - Cartel members can collectively divide a market into regions or regions and not compete in each other's territory.
Answer:
$35,000 (inflow)
Explanation:
Net investing cash flows is computed as follows;
Inflow:
Issued common stock $75,000
Sold equipment 40,000
Total $115,000
Less: outflow
Purchased land $60,000
Paid dividends 20,000
Total outflow $80,000
——————
Net investing cash flows $35,000
*positive cash flows (inflow is greater than outflow) will increase the amount cash of the company
*proceeds from the bank classified as financing activity
*paid employees and sold services to customers are fall under operating activities