Answer:
the process capability index for the process is 0.4761
Explanation:
The computation of the process capability index for the process is shown below:
= minimum of [(23.3-23.1) ÷ (3 × 0.14),(23.1 - 22.8) ÷ (3 × 0.14)]
= minimum of (0.4761, 0.7142)
= 0.4761
Hence, the process capability index for the process is 0.4761
The same should be considered and relevant
Answer:
417 units
Explanation:
The formula to compute the break-even point in units is shown below:
= (Fixed expenses ) ÷ (Contribution margin per unit)
where,
Contribution margin per unit = Selling price per unit - Variable expense per unit
So, the break-even point in units is
= ($5,000) ÷ ($20 - $8)
= $5,000 ÷ $12
= 417 units
So, the 417 units is to be sold for break-even
Answer: A. They are highly rigid because of organizationally dispersed team members.
C. They often suffer from a lack of understanding regarding the team's purpose.
Answer:
720
Explanation:
Given:
The management consulting team should comprise an accountant, a production specialist, a finance specialist, and a management specialist. On its staff, the consulting firm has available six accountants, five production specialists, three finance specialists, and eight management specialists
To find:
Number of different teams that could be formed from the available individuals
Solution:
Use combination to find number of ways to select y objects from x objects when the order in the selection process doesn't matter.
Number of ways to select an accountant, a production specialist, a finance specialist, and a management specialist from six accountants, five production specialists, three finance specialists, and eight management specialists =
Answer:
$628.49
Explanation:
Cash flows Discount factor Future value
$100 1.1449 $114.49
$200 1.07 $214
$300 1 $300
Future value $628.49
The discount factor is as follows
= (1 + interest rate)^number of years
For $100 the year is 2
For $200 the year is 1
For $300 the year is 0
