Answer: True
Explanation:
Six Sigma projects have eight essential phases which are to; 1. recognize
2. define
3. measure
4. analyze
5. improve
6. control
7. standardize and
8. integrate.
It is a method whose primary objective is improving profit making by improving quality and efficiency standards. Project teams utilising this method want to reduce variability in processes by actively seeking out potential sources of waste especially in overtime and warranty claims.
They also investigate production backlogs or areas in need of more capacity and focus on customer and environmental issues.
Answer:
The option d is correct.
Explanation:
The high low method shows the difference between the high and low cost of a particular thing. In the given question, the high cost is $3,600 and the low cost is $2,700 whereas the high machine hour is 18000 and low machine hour is 10,000.
Now, the formula for high low method is calculated. It is shown below:
High low method = (High cost - Low cost) ÷ (High machine hours - Low machine hours)
= ($3,600 - $2,700) ÷ (18000 - 10,000)
= 900 ÷ 8000
= 0.11
Thus, the option d is correct.
Answer:
According to the law of demand, there is a negative or an inverse relationship between the price of the good and the quantity demanded of that good. This means that an increase in the price of a commodity will lead to decrease the quantity demanded for this commodity and a fall in the price of a commodity will lead to an increase in the quantity demanded for this commodity.
Answer:
The correct answer is letter "C": risk-free rate.
Explanation:
The United States government issues a variety of debt obligations to finance its operations. Those with the shortest maturity are called Treasury Bills or T-Bills. One of the unique features of T-Bills is that the government does not make regular interest payments to the holder. Instead, the securities are sold at a price below its face value resulting in a profit at the maturity date.
T-Bills are seen as low-risk investments compared to other securities being <em>the closest to risk-free return</em> in the market.
A = P(1 + rt)
Where: A = Total Accrued Amount (principal
+ interest)
P = Principal Amount
I = Interest Amount
r = Rate of Interest per year in
decimal; r = R/100
t = Time Period involved in months
From the
question given,
A = $34,
200
P =
$20,000
I=
$14,200
r = ?
T = 6
years, 9 months = 81 months
<span>Substituting
the original equation for r:</span>
r = (1/t)
(A/P - 1)
<span>Solving our equation:
r = (1/81)((34200/20000) - 1) = 0.00876543
r = 0.00876543
Converting r decimal to R a percentage
R = 0.00876543 * 100 = 0.8765%/month</span>
R =
0.8765% per month
<span>Calculating the annual rate
0.8765%/month × 12 months/year = 10.518%/year.
</span>
<span> </span>
