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GrogVix [38]
3 years ago
7

Gladys Schwartz is the manager of a large loan brokerage firm. She strives for high quality output and is concerned with reducin

g errors in loan documents. Gladys took 20 samples of 80 loan documents each over a time period that she considered normal and found a total of 40 loan documents containing errors. a. Given the above information, set up a control chart (assuming three standard deviations). b. After developing the control chart in part a, three additional samples were collected. What observations can you make about each of these three samples
Business
1 answer:
Fudgin [204]3 years ago
6 0

<u>Solution and Explanation:</u>

P-chart to be used

Center line = total number of errors/(no of samples*sample size) = 40/(20*80) = 0.025 = p-bar

standard deviation = sqrt((p-bar*(1-p-bar))/sample size) =  = sqrt ((0.025*(1-0.025))/80) = 0.017

UCL = p-bar + z*standard deviation = 0.025 plus 3 multiply 0.0174553 = 0.0773659

LCL = p-bar - z*standard deviation = 0.025 minus 3 mulitply 0.0174553 = -0.0273659 = 0 (Adjusted)

Defect proportion of sample 1 = 5/80 = 0.0625

Defect proportion of sample 2 = 8/80 = 0.1

Defect proportion of sample 3 = 6/80 = 0.075

The process is not in control as Defect proportion of sample 2 is not within the control limits

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Stock A has a beta of 0.7, whereas Stock B has a beta of 1.3. Portfolio P has 50% invested in both A and B. Which of the followi
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Answer:

The question is incomplete;

a. The required return on Portfolio P would increase by 1%.

b. The required return on both stocks would increase by 1%.

c. The required return on Portfolio P would remain unchanged.

d. The required return on Stock A would increase by more than 1%, while the return on Stock B would increase by less than 1%.

e. The required return for Stock A would fall, but the required return for Stock B would increase.

The answer is a. The required return on Portfolio P would increase by 1%.

Explanation:

6 0
4 years ago
Match the following terms to the correct definition. A measure of process output divided by input that helps us determine the ef
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Answer:

3.

2.

5.

4.

1.

Explanation:

A measure of process output divided by input that helps us determine the effectiveness of the process. 3. Productivity  

A measure of process output divided by only one input of the many possible inputs required to make the desired output. 2. Single-Factor Productivity  

The measure of process output divided by more than one input, where those inputs must be expressed in a common unit of measure, like dollars. 5. Multi-Factor Productivity  

A measurement of the actual output relative to the standard output expected (effective capacity). 4. Efficiency  

A measurement of the actual output relative to the optimal output expected (design capacity). 1. Utilization  

7 0
3 years ago
In the ambidextrous firm, if managers direct their efforts primarily at ________, they are likely to miss out on promising busin
DaniilM [7]

The answer is :- alignment

In the ambidextrous firm, if managers direct their efforts primarily at alignment, they are likely to miss out on promising business opportunities.

<h3>What does "ambidextrous organization" mean?</h3>

An ambidextrous organization is one that pursues expansion by dividing the personnel in charge of running a core business from those that investigate new market niches.

It has three distinctive qualities. First, the senior management should hold a shared vision for the company's success. Second, a separate business entity that is in charge of discovering new market sectors. Third, systems that make it possible for the explore unit to access the resources of the main business so that it can grow more quickly than a startup.

A company that manages its primary business differently from its exploration business is said to be ambidextrous.

To know more about ambidextrous organization visit:

brainly.com/question/28346971

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8 0
2 years ago
Connors Corporation acquired manufacturing equipment for use in its assembly line. Below are four independent situations relatin
vovikov84 [41]

Answer and Explanation:

The journal entries are shown below:

A. Equipment    $24,500 ($25,000 × 98%)  

        To Accounts Payable  $24,500

(Being the equipment is purchase on account)

B. Equipment $24,545

       Discount on Notes Payable $2,455

                   To Note Payable $27,000

(Being note payable is recorded)

C. New Equipment $24,500

Accumulated Depreciation $8,000

Loss on Equipment $3,500  

         To Cash $22,000

         To Old Equipment  $14,000

(Being equipment is recorded)

D. Equipment $24,000

            To Common Stock $24,000

(Being equipment purchased)

5 0
3 years ago
What is a typical first transaction for a business?
sammy [17]

Answer:

In summary, that first business transaction involved the exchange of goods and/or services between buyers and sellers. Initially it probably took place in the context of kin altruism and later expanded to reciprocal altruism.

Explanation:

3 0
3 years ago
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