Answer: low (near 0%)
Explanation:
The expected monetary value(EMV) simply refers to the amount of money that an economic agent can expect to make based on a particular decision that's made.
It should be noted that the likelihood that a decision maker will be able to receive a payoff that is exactly as thesame as the EMV when a decision is being made will be near to zero as it's very low that it'll happen.
Answer and Explanation:
Data provided in the question
defect rate i.e. = 1.50%
the sample size = n = 200
Now
= 0.008595057
Now the 3 sigma control limits is
UCL_p = + 35p
= 0.015 + 3 (0.008595057
)
= 0.04078517
LCL_p = - 35p
= 0.015 - 3 (0.008595057
)
= 0
hence, the 3 sigma control limits are UCL 0.04078517 and LCL 0 respectively
Answer:
The correct answer is option A) generating alternatives
Explanation:
Making a decision is also a part of solving a problem. Therefore, one of the common steps which are a part of both the phenomenon is regenerating alternatives.
Generating alternative gives a 360 degree perspective which helps in making a decision that will serve the best. In order to solve a problem, one needs to have alternatives so he can choose the best solution.
Rest of the options in the question are part of the problem solving at work place.
Both organizations supports professionals in various aspects
A project manager is conducting a new analysis of the work project length in the schedule. She is utilizing a method that addresses the interaction between activities rather than scheduling flexibility.
The term "flexibility" or "limberness" describes the anatomical range of motion in a joint or group of joints as well as the length of the muscles that cross the joints to produce bending motions. Individuals differ in schedule terms of flexibility, notably in terms of variations in the length of multi-joint muscles. She is utilizing a method that addresses the interaction between activities rather than scheduling flexibility. Stretching is a typical workout component to maintain or develop schedule flexibility. Exercise can increase flexibility in some joints to a certain extent.
To fully extend a joint's range of motion is referred to as dynamic flexibility. Energy is released at the right time, causing the muscles to contract.
Learn more about flexibility here
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