It would include interviews.
Answer:
a.
UCL = 5.17
LCL = 0.00
b.) Yes
The process is in control
Explanation:
Number of observations = 14
Total number of defects = 2+3+1+0+1+3+2+0+2+1+3+1+2+0 = 21
X = (number of defects)/(observation)
X = 21/14
= 1.50
UCL = upper control limit
= X+z√X
= 1.5+3√1.5
= 1.5+3.674234614
= 5.17 to 2 decimal places
LCL = lower control limit
= X-z√X
= 1.5-3√1.5
= -2.17
= 0.00
B.)
From the above, we have the number of defects to be within the control limits of 0 to 5.17, therefore we can conclude that the process is in control
Answer:
48,000
56,000
the unit of production method
Explanation:
Straight line depreciation expense = (Cost of asset - Salvage value) / useful life
($300,000 - $20,000) / 10 = $28,000
Depreciation expense using the double declining method = Depreciation factor x cost of the asset
Depreciation factor = 2 x (1/useful life)
Depreciation in 2021 = 2/10 x $300,000 = $60,000
Book value in 2022 = $240,000
Depreciation in 2022 = 48,000
Unit of production = number of hours in 2022 / total number of hours) x (cost of asset -- savlage value)
Answer:
The business cycle is crucial for businesses of all kinds because it directly affects demand for their products. Boom: high levels of consumer spending, business confidence, profits and investment. Prices and costs also tend to rise faster. Unemployment tends to be low as growth in the economy creates new jobs.
Answer:
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