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777dan777 [17]
3 years ago
12

There is a 3 percent defect rate at a specific point in a production process. If an inspector is placed at this point, all the d

efects can be detected and eliminated. The inspector would cost $8 per hour and could inspect units in the process at the current production rate of 30 per hour. If no inspector is hired and defects are allowed to pass this point, there is a cost of $10 per defective unit to correct the defects later on. Assume that the line will operate at the same rate (i.e., the current production rate) regardless of whether the inspector is hired or not. a. If an inspector is hired, what will be the inspection cost per unit? (Round your answer to 3 decimal places.) Cost per unit $ b. If an inspector is not hired, what will be the defective cost per unit? (Round your answer to 3 decimal places.) Cost per unit $ c. Should an inspector be hired based on costs alone? Yes No
Business
1 answer:
yKpoI14uk [10]3 years ago
8 0

Answer:

1a. $2.67 cost per unit

1b. $0.3 cost per unit

1c. Yes

Explanation:

1a. Calculation for what will be the inspection cost per unit If an inspector is hired

The following details were given in the question.

Defective average =3/100= 0.03

inspection rate = 30 per hour

Cost of inspector = 8 per hour

Correction cost = $10 each

Using this formula

Hired inspector =Cost per hour/Current production rate per hour

Let plug in the formula

Hired inspector=8 per hour/30 rate per hour

Hired inspector =0.267×100

Hired inspector=$2.67 cost per unit

1b. Calculation for what will be the defective cost per unit If an inspector is not hired

Using this Formula

No inspector=Defect rate %/Cost per defective

Let plug in the formula

No inspector= 3/100×$10

No inspector= $0.3 cost per unit

1c. Based on the above calculation the inspector should be hired.

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Answer:

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-<u> Increase in exports while no change in imports</u>.

(b). The Sony pension fund buys a bond from the U.S. Treasury.

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Explanation:

Exports are described as the selling of domestic goods to a foreign country while Imports are characterized as the process of bringing in foreign goods to the domestic country. And Capital outflow is defined as the exact flow of funds from domestic to foreign and foreign to the domestic country.

In the first case, the purchase reflects a rise in exports as the domestic product is sold to the foreign country. In the second situation, the net outflow of the capital would decreases as it demonstrates a foreign purchase of a domestic asset. In the third example, the American investors' purchase of a South Korean firm demonstrates a domestic purchase of a foreign asset and thus, the net capital outflow would rise.

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Is Starbucks bucking the trend of other food-service stores, or is something else going on?
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Answer:

its it's something else

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The Good Earth Company created a special baby shampoo designed for children 5 years old or younger. The company provided an exce
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Answer: b. The company did not define its business in terms of the benefits customers seek.

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In order for a business to make money, it needs to provide its customers with what they want not what the company wants the customers to want.

In this scenario, people switched to shampoos that could be used by people of all ages instead of just small children because this is what they wanted but not what the company provided. If the company had defined its business in terms of what their customers wanted, they would have made an all age shampoo which would have been bought.

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Answer:

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Your firm is a U.K.-based importer of bicycles. You have placed an order with an italian firm for €1,000,000 worth of bicycles.
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Answer:

A. €1,244,212.10

Explanation:

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12 months forward $ 2.0000 £ 0.5000 rates

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12 months forward $ 1.0000 SFr. 1.0000 iSFr. = 4 %

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