From the video "the best stats you've ever seen "

Six Sigma Projects are easy to identify. They seek out sources of waste such as overtime and warranty claims; investigate produc

sladkih [1.3K]

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.

7 0

3 years ago

Suppose the economy is operating at an output of $4,000 billion. Assume furthermore that potential output is $5,000 billion and

motikmotik

Answer:

The correct answer is $250 billion.

Explanation:

An economy is operating at an output level of $4,000 billion.

The potential output level is $5,000 billion.

The marginal propensity to consume is 0.75.

The recessionary gap is

= $5,000 billion - $4,000 billion

= $1,000 billion

ΔY = $\frac{1}{1-MPC}\times \Delta G$

$1,000 = $\frac{1}{1-0.75}\times \Delta G$

$1,000 = $\frac{1}{0.25}\times \Delta G$

$1,000 = $4 \times \Delta G$

ΔG = $\frac{1,000}{4}$

The change in income required to correct this recessionary gap is $250 billion.

7 0

3 years ago

Blossom Company acquired a plant asset at the beginning of Year 1. The asset has an estimated service life of 5 years. An employ

Xelga [282]

Answer:

A) to determine the cost of the asset being depreciated we must use the first year's depreciation using the double declining method to find 40% of the asset's value:

40% of the asset's value = $29,200

asset's value = $29,200 / 40% = $73,000

B) salvage value = asset's value - total depreciation = $73,000 - $65,700 = $7,300

5 0

3 years ago

A company has only two divisions: division a and division

Sloan [31]

Answer – Division A

EXPLANATION’

Given for last year,

Division A made 60% of the company's total revenue.

Let the company’s total revenue for last year be x

60% of x = 0.6x

Division A made 0.6x last year

Also given for last year,

Division B made 40% of the company's total revenue.

If the company’s total revenue for last year is x

40% of x = 0.4x

Division B made 0.4x last year

For this year,

We are told that division A's revenue has decreased by 35%

Last year’s revenue was 0.6x

Division A’s revenue for this year = 0.6x – (35% of 0.6x)

= (100% of 0.6x) – (35% of 0.6x)

= (100% * 0.6x) – (35% * 0.6x)

= (100% - 35%) * 0.6x

= 65% * 0.6x

= 65/100 * 0.6x

= 0.39x

Therefore this year, Division A’s revenue is 0.39x

Again for this year,

We are told that division B's revenue has decreased by 5%

Last year’s revenue was 0.4x

Division B’s revenue for this year = 0.4x – (5% of 0.4x)

= (100% of 0.4x) – (5% of 0.6x)

= (100% * 0.4x) – (5% * 0.4x)

= (100% - 5%) * 0.4x

= 95% * 0.4x

= 0.38x

Therefore this year, Division B’s revenue is 0.38x

If Division A’s revenue is 0.39x, and Division B’s revenue is 0.38x; then Division A had higher revenue this year.

4 0

2 years ago

What can you expect when you ask clients for testimonials?

Bogdan [553]

Most clients rather than write out a testimonial are more willing to approve a testimonial that you've written as it saves time for them and improves their relationship with you.

5 0

3 years ago