Answer:
c. both x-bar chart and r-chart.
Explanation:
When Jars of pickles are sampled and weighed, sample measures are plotted on control charts and the ideal weight should be precisely 11 oz.
Both x-bar chart and r-chart can be used to monitor the process.
The x-bar and r-chart in statistical process monitoring (spm) are quality control charts used to monitor the process mean and process variation simultaneously, based on samples collected in subgroups in a given time.
Answer:
To say that people respond to incentives is to say that:
changes in benefits or changes in costs influence people's decisions and their behavior.
Explanation:
Incentives are the rewards (benefits) or punishments (costs) that shape people's choices and decisions. Changes in incentives, whether monetary or non-monetary, drive people's decisions and behavior. When opportunity costs change, incentives change, and people's choices and behavior also change. The changes that cause people to change their behavior as a result of changes in incentives can be described in predictable ways.
Answer:
Sagoff's cost-benefit approach establishes that the value of a thing is determined by how much people are willing to pay for it, so the only important values are the ones that the market can assign. This is why that approach is not suitable for explaining our duties with our environment, since we cannot pay for it and the market cannot assign any value to the environment.
Sagoff is a neo-Kantian ethicist because he also believes that individuals were the judges of value (they could assign value to things) not only for them but for their whole communities.
Sagoff's approach differs from Kant's approach since Sagoff believes that the cost-benefit approach doesn't apply to all the goods and services, especially the environment. He believes that the environment has an intrinsic value and therefore is an end to itself, while Kant believed that only humans had intrinsic value and could be an end to themselves.
Answer:
0.09 or 9%
Explanation:
This question has some irregularities. The correct question should be :
Elinore is asked to invest $4,900 in a friend's business with the promise that the friend will repay $5,390 in one year's time. Elinore finds her best alternative to this investment, with similar risk, is one that will pay her $ 5,341 in one year's time. U.S. securities of similar term offer a rate of return of 7%. What is the opportunity cost of capital in this case?
Solution
Given from the question
Investment (I) = $4,900
Return on investment (ROI) in one year = $5,341
Rate or opportunity cost of capital r is given by
ROI = I × (1 + r)
input the given data
$5,341 = $4,900 (1 + r)
$5,341 = $4,900 + $4,900r
$5,341 - $4,900 = $4,900r
r = ($5,341 - $4,900) / $4,900
r = 0.09
Or 9% in percentage
