Ken and Joe are out at a bar drinking. During the evening, Ken writes a note on a cocktail napkin agreeing to sell his car to Jo
1 answer:
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Answer:
0.83
Explanation:
Given that ;
the upper specification limit USL = 22 inches
the lower specification limit LSL = 18 inches.
Mean average length = 19 inches
Standard deviation = 0.4 inches
The process capability ratio/index
The process capability ratio/index = 0.83
Answer:
$104,318.10
Explanation:
For computing the putting amount now i.e present value we have to applied the present value formula i.e to be shown in the attachment below:
Given that,
Future value = $580,000
Rate of interest = 10%
NPER = 18 years
PMT = $0
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
So, after solving this, the present value is $104,318.10
