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joja [24]
3 years ago
13

A quality analyst wants to construct a control chart for determining whether four machines, all producing the same product, are

under control with regard to a particular quality attribute. Accordingly, she inspected 1,000 units of output from each machine in random samples, with the following results: Show your work.
Machine Total Defectives
1 23
2 15
3 29
4 13
What is the sample proportion of defectives for machine # 1?
A) .023
B) .02
C) .0115
D) .0058
E) .005
Business
1 answer:
abruzzese [7]3 years ago
6 0

Answer:

A) 0.023

Explanation:

Sample size = 1,000

Number of defectives collected from Machine #1 = 23

So, the sample proportion of defectives for machine #1 = Number of defective output / Sample size  = 23/1000 = 0.023

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Serggg [28]

Answer:

Residual Income = $6,000

Explanation:

Residual income is the excess income of a firm leftover the opportunity cost of capital or over the desired income.

Given,

The minimum rate of return 12%

Average operating assets = $300,000

Net operating income = $42,000

We know,

Residual Income = Net Operating Income - (Average operating assets x the minimum rate of return)

Residual Income = $42,000 - ($300,000 x 12%)

Residual Income = $42,000 - $36,000

Residual Income = $6,000

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3 years ago
Teller's checks and personal checks are classified as
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The awnser to the question is A Drafts
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2 years ago
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a(n) blank market is created when a customs union lifts restrictions on the mobility of services, labor, and capital among membe
Deffense [45]

A common market is created when a customs union lifts restrictions on the mobility of services, labor, and capital among member nations.

<h3>Why was the common market formed?</h3>

Through the removal of the majority of trade barriers and the development of a unified external trade strategy, the EEC was created with the goal of establishing a common market among its members. In order to shield EEC farmers against agricultural imports, the treaty also called for the creation of a unified agricultural policy, which was implemented in 1962.

A free trade zone with a reasonably unrestricted circulation of goods and services is referred to as a common market. When it was a regional organization from 1958 to 1993, the European Economic Community was known as the "Common Market."

In a customs union, all or almost all of a country's imports, exports, and transiting commodities are subject to the same set of processes, regulations, and tariffs. Customs union participants typically have similar trade and competition laws.

Learn more about Common market here:

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7 0
1 year ago
During the current year, merchandise is sold for $137,500 cash and $425,600 on account. the cost of the merchandise sold is $322
LenKa [72]

The gross sales margin equals 42.76%

The formula to calculate the Gross Sales Margin is (Revenue - Cost of Goods Sold) / Revenue

Revenue = $137,500 + $425,600 = $563,100

($563,100 - 322,325) / 563,100 =

240,775 / 563,100 = 42.76%

4 0
4 years ago
Relish Corp is a famous fast food chain in the United States. However, increasing competition affects the company's market. Nich
densk [106]

Answer:

C) participative leadership style

Explanation:

Based on the information provided within the question it can be said that according to path-goal theory, Nicholas Cain exhibits a participative leadership style. This is a leadership style that emphasizes participation from all employees in a company in order to make decisions. Such is the case in this scenario as Relish Corp has made a forum where the employees can voice their opinion and ideas and the decisions are made based on these inputs.

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