All categories

3 years ago

According to Walter Shewhart:_______

Business

1 answer:

Novosadov [1.4K]3 years ago

8 0

Answer:

c) the mean, upper control limit, lower control limit and warning lines that are two sigma from the mean are indicated by horizontal lines in the control chart.

Explanation:

Walter Shewhart is regarded as an important personality in the history of quality management. He asserted that the behavior of real processes had the tendency to change as time changed and it was not the behaviur of theoretical random distributions.

Walter Shewhart posited that causes of variation could be divided into two which are chance cause and assignable cause. He maintained that chance causes could be ignored if they did not cause too much variation, and any attempt to eliminate them usually made the problem worse. He however posited that it was possible to fix assignable causes.

Walter Shewhart invented control chart in order to differentiate between variations caused by random events and trends that indicated assignable causes. There is time and a plot of sample measurements on the bottom axis of a control chart. The mean, upper control limit, lower control limit, and warning lines that are two sigma from the mean are indicated by horizontal lines.

Based on the above explanatio, the correct option is c) the mean, upper control limit, lower control limit and warning lines that are two sigma from the mean are indicated by horizontal lines in the control chart.

You might be interested in

If Congress and the president want to keep real GDP at its potential level in 2021, they should use an expansionary fiscal poli

Nataly_w [17]

Answer:

a) increasing government spending or cutting taxes

Explanation:

Fiscal polices are polices enacted by the government to achieve certain macroeconomic objectives. There are two types of fiscal policies:

1. Expansionary fiscal policy: These are government policies which involves increasing government spending or cutting taxes. Decreasing taxes increases disposable income and increases consumption spending.

Increasing government spending increases money supply which increases consumption spending.

2. Contractionary fiscal policy: These are government policies which involves decreasing government spending or increasing taxes.

Monetary policy are policies enacted by the Central bank to achieve certain macroeconomic objectives.

I hope my answer helps you

4 0

3 years ago

MCZ, Inc. is a corporation that was incorporated under the laws of the State of New Jersey. MCZ, Inc. has only one office which

andreev551 [17]

True maybee not sure

3 0

3 years ago

An income statement for Sam's Bookstore for the first quarter of the year is presented below:

Paladinen [302]

Answer:

The contribution margin for Sam's Bookstore for the first quarter is $163,000.

Explanation:

The contribution margin is the sales minus total variable cost. This can be calculated as follows:

Units of books sold = Sales / Selling price per book = $900,000 / $60 = 15,000

Variable selling expenses = Units of books sold * Variable selling expenses per book = 15,000 * $5 = $75,000

Variable administrative expenses = Sales * 3% = $900,000 * 3% = $27,000

Total variable cost = Cost of goods sold + Variable selling expenses + Variable administrative expenses = $635,000 + $75,000 + $27,000 = $737,000

Contribution margin = Sales - Total variable cost = $900,000 - $737,000 = $163,000

Therefore, the contribution margin for Sam's Bookstore for the first quarter is $163,000.

5 0

3 years ago

what is the present value of a deferred perpetuity that pays $141 annually with the first payment occurring at year 5? assume th

yKpoI14uk [10]

The present value of a deferred perpetuity is $1,938.89.

What is present value?
The present value of a prospective sum of money or cash flow stream given a specified return rate is known as its present value (PV). The present value of future cash flows is reduced by the discount rate, and the higher coupon rate, the lower the present value of future cash flows. The key to correctly valuing future cash flows, whether they are earnings or debt obligations, is determining the appropriate discount rate. The concept of present value states that a quantity of funds today is worth greater than the same amount in the long term. In other words, money gained in the long term is not as valuable as money received today.

The present value of a deferred perpetuity that pays $141 annually with the first payment occurring at year 5 is $1,938.89. This can be calculated by taking the present value of an ordinary annuity formula, which is PV = A / (1 + r)^n, and adding 5 to n. This gives the equation PV = A / (1 + r)^(n + 5), which can be simplified to PV = A / (1 + r)^n * (1 + r)^5. Thus, the present value is $141 / (1 + 0.06)^10 * (1 + 0.06)^5, which equals $1,938.89.

To learn more about present value
brainly.com/question/20813161
#SPJ4

3 0

1 year ago

What is an example of a flame

solong [7]

If you mean like anY kind of example of flame, a lighter flame is a good example.
Anything that uses gas to emit a flame

6 0

3 years ago