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
faust18 [17]
3 years ago
11

The company can choose to buy a back-up machine for Step C for an additional $20,000. The back up would also have a reliability

of 0.915, just like the one that is presently used. If they decide to get this back-up machine, what will the new reliability of the system be? Assume that once a machine malfunctions, the process continues to produce product, acceptable and defective. Use THREE decimal places in you calculations.
Business
1 answer:
Goshia [24]3 years ago
7 0

The complete question is:

A certain company produces 10,000 tables per year in a three-step process. The three steps in the process employ machines with the reliabilities listed here:

Step A - 0.987 Step B – 0.979 Step C – 0.915

Answer:

New reliability= 0.9593 ~ 0.959

Explanation:

Reliability is used in manufacturing process to ensure that a process produces the same level of output consistently. A process is reliable if it achieves the same results everytime.

Reliability can be applied to individuals, data, processes, and products.

In this instance we are to calculate the new reliability of the backup system.

Reliability of step C is 0.915

New reliability= 1 - (1- 0.915)^2

New reliability= 0.992775

Multiply this value by the reliability in step A and B to get system reliability

System reliability= 0.992775 * 0.987 * 0.979

System reliability= 0.9593

You might be interested in
Assuming a required reserve ratio of​ 10% and the Fed purchased​ $1 million worth of​ mortgage-backed securities, make use of th
Andrew [12]

Answer:

B. Increase by $10 million.

4 0
3 years ago
Orange Superstore is largely customer centric and economical in its methods. The store sells the best quality products at prices
balandron [24]

Answer:

The correct answer is letter "D": cost advantage strategy.

Explanation:

Cost advantage strategy is a technique implemented by companies to provide equal benefits to consumers at a lower price than competitors. Firms achieve this practice by maximizing the utilization of technology, processes, and resources. If a company implements and sustains operations with a cost advantage strategy it is said it has obtained a comparative advantage.

7 0
3 years ago
Nancy Billows bought a $7,000 desk at Furniture. Based on her income, Nancy could only afford to pay back $700 per month. The ch
natulia [17]

Answer and Explanation:

The computation of the balance outstanding at the end of the month 2 is shown below:

Month   Due balance  Interest  Monthly     Balance        Oustanding

                                                     payment    Reduction     Balance

1            $7,000           $210         $700          $490              $6,510

                         ($7,000 × 3%)                  ($700 - $210)  ($7,000 - $490)

2           $6,510            $195.30    $700          $504.70        $6,005.30

                          ($6,510 × 3%)        ($700 - $195.30)  ($6,510 - $504.70)

3 0
3 years ago
Holman company owns equipment with an original cost of $95,000 and an estimated salvage value of $5,000 that is being depreciate
brilliants [131]
Depreciation is a way not only to recognize the lost value over time of an asset, but also a way to recognize the expense of the asset over time. To this end, we want to see the value of the asset get smaller, and a piece of the asset on the the income statement ever period. 
The depreciation base is 95,000 -5,000 = 90,000, and the depreciation period is 90,000/15,000 = 6 years.
The journal entry every year will be 
Dec. 31
Debit: Depreciation expense 15,0000
Credit: Accumulated Depreciation       (15,000)
Accumulated depreciation is a *contra-asset* account on the balance sheet that reduces the value of the the depreciable asset. 
7 0
3 years ago
The single milling machine at Stout Manufacturing was severely overloaded last year. The plant operates eight hours per day, fiv
NNADVOKAT [17]

Answer:

If we assumes we setup machine for product A x times, and B y times, the total hours required is 0.5*3000 + 0.8*2000+ 2*x + 8 *y = 3100+2x+8y. Notice that due to the capacity restriction x has to be no smaller than 150 hours (3000/20) and y has to be no smaller than 50 hours (2000/40). so total required hours must exceed 3100+2*150+8*50=3800. The management prefer a 15% capacity cushion, which means the total duration prepared for the processing should be at least 3800*(1+15%)=4370 hours.

If one machine operates eight hours per day, five days per week and 50 weeks a year, it operates 5*8*50 = 2000 hours in total.

That's why we need 2 more machines ( 3 machines in total since 4370 > 2*2000).

5 0
3 years ago
Other questions:
  • Ignacio owns a small business that employs 12 full-time workers. He has recently been told by his financial advisor that he woul
    15·1 answer
  • Required information {The following information applies to the questions displayed below. At the beginning of Year 2, the Redd C
    11·1 answer
  • Three highly similar and competitive income-producing properties within two blocks of the subject property have sold this month.
    14·1 answer
  • What does difficult to find finance mean?
    11·1 answer
  • Even though the country faces political instability, an island nation with wide, expansive beaches is a destination hub for crui
    6·1 answer
  • Expected cash dividends are $4.00, the dividend yield is 8%, flotation costs are 6% of price, and the growth rate is 5%. Compute
    9·1 answer
  • Management uses a voucher system to help control and monitor cash payments. Identify the key documents that are part of a vouche
    10·1 answer
  • A corporation has $12 million net income after taxes, 5 million common shares outstanding, and $10 million of 6% preferred stock
    7·1 answer
  • ___involves allocating the overall cost estimate to individual work items to establish a baseline for measuring performance.
    14·1 answer
  • Buyer Jim put down a deposit in the form of a boat title worth $5,000. The boat is owned by Jim's parents. The transaction was n
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!