For a process with a centered mean to achieve three-sigma quality, how many standard deviations (assuming its value is known or estimated) can be covered between the lower and upper specification limits (LSL and USL)? 1 2 12 6 3 A supplier claims to have a product specification of 5 +0.1 kg in weight. According to its machine operator's record, the production process actually has the sample mean of 5.02 kg and a standard deviation of 0.04 kg. Calculate the process capability index for this supplier. What is your conclusion of the supplier's quality performance? Cpk - 0.67, the process has not even reached a 3-sigma quality Cpk = 1.33, the process has achieved a 6-sigma quality Cpk = 1.33, the process has achieved a 3-sigma quality Cpk - 2, the process has achieved a 6-sigma quality Cpk - 2. the process has achieved a 3-sigma quality
Answers
To achieve three-sigma quality, a process with a centered mean should cover 6 standard deviations between the lower and upper specification limits (LSL and USL).
In the given example, the process has a specification of 5 + 0.1 kg, which means the LSL is 4.9 kg and the USL is 5.1 kg. The sample mean of the production process is 5.02 kg, and the standard deviation is 0.04 kg.
To calculate the process capability index (Cpk), we need to determine the process capability ratio (Cp) first using the formula:
Cp = (USL - LSL) / (6 * standard deviation)
Cp = (5.1 - 4.9) / (6 * 0.04)
= 0.2 / 0.24
≈ 0.83
Once we have Cp, we can calculate Cpk using the formula:
Cpk = min((USL - mean) / (3 * standard deviation), (mean - LSL) / (3 * standard deviation))
Cpk = min((5.1 - 5.02) / (3 * 0.04), (5.02 - 4.9) / (3 * 0.04))
= min(0.08 / 0.12, 0.12 / 0.12)
= min(0.67, 1)
= 0.67
Therefore, the process capability index (Cpk) for this supplier is 0.67.
Based on this result, the correct conclusion would be:
Cpk = 0.67, the process has not even reached a 3-sigma quality.
This indicates that the process is not capable of consistently producing within the specified limits. The variability of the process is such that it falls short of achieving even a 3-sigma level of quality. Further improvements are needed to enhance the process capability and reduce variation.
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Related Questions
What are the sectors of employment?
Answers
The sectors of employment are : Agriculture, Mining, Constructionand Insurance and Manufacturing.
Whereas all the sectors of employment are :
1. Agriculture
2. Mining
3. Manufacturing
4. Construction
5. Wholesale and Retail Trade
6. Transportation and Warehousing
7. Information and Communications
8. Finance and Insurance
9. Real Estate and Rental and Leasing
10. Professional, Scientific, and Technical Services
11. Management of Companies and Enterprises
12. Administrative and Support Services
13. Educational Services
14. Health Care and Social Assistance
15. Arts, Entertainment, and Recreation
16. Accommodation and Food Services
17. Other Services (except Public Administration)
18. Public Administration
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A person who holds him- or herself out as a specialist or knowledgeable in a certain type of business is one type of
O negotiator
O offeree
O merchant
buyer
Answers
Answer:
Merchant
Explanation:
assessing and interpreting the information in environmental scanning is called1. technology assessment
2. marketing research
3. product
4. environmental analysis
Answers
Assessing and interpreting the information in environmental scanning is called environmental analysis.
An environmental analysis, additionally called an environmental scan, is a strategic device used to pick out and check all outside and internal elements in a commercial enterprise surroundings. It examines organizational and industry factors which can definitely or negatively have an effect on the business.
An environmental analysis allows businesses discover inner and external elements that can both negatively or positively effect their commercial enterprise.
It is vital in advent strategic plans, as it offers with the internal as well as external surroundings of the corporation and its factors. It analyses various factors that have an effect on the organisation's role within the market and identifies potential threats to the corporation.
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Tariffs do not provide advantage for _________ Group of answer choices domestic producers. consumers. domestic firms. governments.
Which of the following can be considered as an example of nontariff trade barrier? Group of answer choices
Spices imported from China to the U.S. for sale in the domestic market are subject to a 10 percent import duty.
Ceylan Inc. is a Canada-based retailer that imports health products manufactured in Vietnam. These products pass through Canada customs and are subject to a 5% import duty.
Canada imports cakes manufactured in France that cost $42 a box with taxes.
The Department of Commerce of Italy announced that almond flour imports will be limited to 12,700 million tons.
Answers
Tariffs do not provide an advantage for consumers because they increase the prices of imported goods, making them more expensive for consumers to purchase.
Tariffs are imposed by governments on imported goods and are designed to protect domestic producers by making foreign goods less competitive in the domestic market. However, this protection comes at the expense of consumers, who have to bear the burden of higher prices.
A non-tariff trade barrier refers to any measure other than tariffs that restricts trade. Among the options provided, the example of almond flour imports being limited to 12,700 million tons by the Department of Commerce of Italy is an example of a non-tariff trade barrier. This measure places a quantitative restriction on the amount of almond flour that can be imported, thereby limiting market access for foreign suppliers.
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The purpose of a wage subsidy during times of high unemployment is to ____________.
Answers
The purpose of a wage subsidy during times of high unemployment is to... shift labor demand to the right, increase employment, increase the equilibrium wage, increase household income, and increase consumption.
Employment is a relationship between two parties who manage work performance for their benefit. Normally, one party, the employer (which may be a corporation, non-profit organization, cooperative, or other organization), will pay the other work under the contract in return for performing an assigned job.
pay a worker It is paid as an hourly, piecework, or an annual salary, depending on the type of work the worker does, the prevailing conditions of the sector, and the bargaining power between the parties.
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Need help with this question, thanks
Answers
Answer:
The 1st left one: Corona
Below it: Core
Beside Corona: Prominence
Below it: Photosphere
Below it: Sunspot
Hope it helps!!!
When a firm sells a new issue through an investment banker, the costs incurred
Group of answer choices
are the "give up" expense of the spread, plus the legal and accounting fees, printing expense, and other small fees.
are the spread to the underwriter, which includes all the costs of legal and accounting fees, printing expense, and other small fees.
are dependent upon the number of underwriters in the syndicate.
are the "give up" expense of the spread, plus the legal and accounting fees, printing expense, and other small fees, and are dependent upon the number of underwriters in the syndicate.
Answers
When a firm sells a new issue through an investment banker, the costs incurred are the "give up" expense of the spread, plus the legal and accounting fees, printing expense, and other small fees. The correct option is A.
These costs are associated with the process of issuing new securities to raise capital. The spread to the underwriter includes all the costs of legal and accounting fees, printing expense, and other small fees, but it's important to note that the total costs are not solely dependent upon the number of underwriters in the syndicate.
While the number of underwriters may have an impact on the overall costs, other factors such as the complexity of the transaction, the size of the issue, and market conditions can also influence the expenses involved in selling a new issue through an investment banker. The correct option is A.
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Complete question:
When a firm sells a new issue through an investment banker, the costs incurred
a. are the "give up" expense of the spread, plus the legal and accounting fees, printing expense, and other small fees.
b. are the spread to the underwriter, which includes all the costs of legal and accounting fees, printing expense, and other small fees.
c. are dependent upon the number of underwriters in the syndicate.
d. are the "give up" expense of the spread, plus the legal and accounting fees, printing expense, and other small fees, and are dependent upon the number of underwriters in the syndicate.
Total revenue (TR) is:
A) The value of the firm's investment for the business to function
B) the value of a firm's profit per time period
C) a firm's sales revenue as a percentage of the industry's total revenue
D) the value of a firm's annual sales turnover over a specific period of time
Answers
Suppose the United States removes sugar quotas and the market price of sugar drops. If the demand curve for candy bars is downward-sloping, in the candy bar market we would expect the:________
a. Consumer surplus to decrease.
b. Deadweight loss to increase.
c. Consumer surplus to increase.
d. Consumer surplus to be unchanged
Answers
Answer:
C. Consumer surplus to increase
Explanation:
Sugar is a cost of production. With the cost being lower, costs of production for candy bars are lower. Supply shifts right, extra CS.
80% of people who purchase pet insurance are women. If 9 pet insurance owners are randomly selected, find the probability that exactly 6 are women.
Answers
There is a 0.176 percent chance that exactly 6 of them are women.
As stated in the assertion
Nine pet owners were chosen at random. Thus, in this instance, n=9 (number of randomly selected owners).
The number for which the probability must be determined is 6. Therefore, x=6 in this instance.
Utilize the BINOMIAL THEOREM to determine the likelihood.
Thus, 9!/((9-6)!*6!) = 84 when n!/((n-x)!*x!)
The likelihood of success is now p, and the probability of failure is (1-p)=q.
We derive p = 0.8 and q = 0.2 from this.
Utilize px = (0.8)6 = 0.2621 now.
Utilize q(n-x) = (0.2)(9-6) = 0.008 then.
multiply the findings to determine the probability is now.
84*0.2621*0.008 = 0.176
Therefore, there is a 0.176 percent chance that exactly 6 of them are women.
What is the simple definition of probability?A probability is a number that expresses the possibility or likelihood that a specific event will take place. In addition to being expressed as percentages ranging from 0% to 100%, probabilities can also be expressed as proportions between 0 and 1.
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Dawson is the head of an internet service company and is studying areas where there is limited service so he can determine how best to meet the needs of these regions. What entrepreneurial trait is Dawson demonstrating?
resilience
strategic thinking
coordination
management
Answers
Entrepreneurial trait is Dawson demonstrating is strategic thinking. Option B is correct.
What is strategic thinking?
Planning for the future requires the ability to think strategically. Strategic thinking the ability to plan plans and come up with concepts that will take into account the numerous obstacles that lie ahead while also coping with changing situations.
Further Strategic thinking can also imply creating a plan to deal with potential obstacles in the future. This can help you foresee issues and effectively handle them, enabling you to overcome obstacles and succeed.
Thus Dawson studying the potential problems that could be arise in limited internet services in a particular region that would be a strategic thinking model.
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.Others at work see me as assertive. need answers for application
Answers
Answer:
yes
Explanation:
It is an ability to defend your rights without hurting those of others. An assertive person, therefore, is the one who can express his emotions, needs, and opinions to others without being forceful in any way
18. Flax Corp. Uses the direct method to prepare its statement of cash flows. Flax's trial balances at December 31, year 2 and year 1 are as follows:
Year 1:
Debits
Cash: $32,000
Accounts receivable: $30,000
Inventory: $47,000
Property, plant, & equipment: $95,000
Unamortized bond discount: $5,000
Cost of goods sold: $380,000
Selling expenses: $172,000
General and administrative expenses: $151,300
Interest expense: $2,600
Income tax expense: $61,200
Total Debits: $976,100
Credits
Allowance for uncollectible accounts: $1,100
Accumulated depreciation: $15,000
Trade accounts payable: $17,500
Income taxes payable: $27,100
Deferred income taxes: $4,600
8% callable bonds payable: $20,000
Common stock: $40,000
Additional paid-in capital: $7,500
Retained earnings: $64,600
Sales: $778,700
Total Credits: $976,100
Year 2:
Debits
Cash: $35,000
Accounts receivable: $33,000
Inventory: $31,000
Property, plant, & equipment: $100,000
Unamortized bond discount: $4,500
Cost of goods sold: $250,000
Selling expenses: $141,500
General and administrative expenses: $137,000
Interest expense: $4,300
Income tax expense: $20,400
Total Debits: $756,700
Credits
Allowance for uncollectible accounts: $1,300
Accumulated depreciation: $16,500
Trade accounts payable: $25,000
Income taxes payable: $21,000
Deferred income taxes: $5,300
8% callable bonds payable: $45,000
Common stock: $50,000
Additional paid-in capital: $9,100
Retained earnings: $44,700
Sales: $538,800
Total Credits: $756,700
-Flax purchased $5,000 in equipment during year 2.
-Flax allocated one third of its depreciation expense to selling expenses and the remainder to general and administrative expenses. There were no write-offs of accounts receivable during year 2.
What amount should Flax report in its statement of cash flows
for the year ended December 31 , year 2, for cash paid for goods to be sold?
a. $258,500
b. $257,500
c. $242,500
d. $226,500
Answers
From the income statement given, the final balance on the statement of cash flow is $257,500
What amount should Flax report in its statement of cash flowsTo calculate the cash paid for goods to be sold, we need to start with cost of goods sold from the income statement and make adjustments for changes in inventory and accounts payable.
Starting with cost of goods sold for year 2 of $250,000, we need to adjust for the increase in inventory, which is $31,000 - $47,000 = -$16,000. This means inventory decreased by $16,000, so we need to add it to cost of goods sold to get the cost of goods sold for cash purposes, which is $250,000 + $16,000 = $266,000.
Next, we need to adjust for the change in accounts payable, which is $25,000 - $17,500 = $7,500. This means accounts payable increased by $7,500, so we need to subtract it from the cost of goods sold for cash purposes, which is $266,000 - $7,500 = $258,500.
Finally, we need to subtract the $1,000 increase in accounts payable due to the equipment purchase, which gives us the final answer of $257,500.
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Should the Scrum Master resolve all impediments?
Answers
It shouldn't be expected of a Scrum Master to solve every issue the Scrum Team encounters. They ought to participate in problem-solving efforts and/or take on any assignments that will help the Scrum Team.
What benefits do Scrum teams offer?
Scrum can help teams complete project deliverables more efficiently and quickly.
Scrum guarantees efficient time and money management.
Large projects are split up into manageable sprints.
For projects that move quickly, development work is coded and tested during the sprint review.
The scrum team has excellent visibility through these meetings.
Scrum incorporates feedback from customers and stakeholders because it is agile.
During daily scrum meetings, each team member's individual effort is evident.
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30 points please help!
Which of the following are NOT considered employment taxes?
a. real estate taxes
b. social security taxes
c. self-employment taxes
Answers
Answer:
B.
Explanation:
Social Security is Payroll Tax.
The Portman Hotel Company: Harvard Case:Do you believe that the HRM practice in place at the Portman Hotel fits its overall strategy? Specifically, how should they treat the personal valets (who are a central part of their quality strategy)? If their current practice is not optimal, suggest alternative practices that they might follow. (2 pages)
Answers
Yes, the HRM practice in place at the Portman Hotel fits its overall strategy. The hotel's strategy focuses on providing exceptional customer service and creating a unique guest experience. The personal valets are a central part of this strategy, as they provide personalized service and attention to guests.
However, the current practice of paying personal valets a low wage and relying heavily on tips is not optimal. This creates a high turnover rate and leads to inconsistency in service quality. An alternative practice would be to increase the base pay for personal valets and provide incentives for exceptional performance.
Additionally, investing in training and development programs would further enhance the skills and knowledge of personal valets, enabling them to provide a more personalized and memorable guest experience.
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During the BLANK stage of the product life cycle, sales for the product drop so a company often minimizes promotion.
Answers
During the decline stage of the product life cycle, sales for the product drop so a company often minimizes promotion.
What is the product life cycle?
Product life cycle is the length of time between a product's initial introduction to consumers and its removal from the market. Usually, he divides the life cycle of a product into four phases. Introduction, growth, maturity, decline.
Why is the product life cycle important?The product life cycle is an important tool for marketers, managers and designers. It identifies four different product life stages and provides guidance for developing strategies to make the most of these stages to drive your product's overall success in the marketplace.
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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
Answers
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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An investment offers $7,000 per year for 15 years, with the first payment occurring one year from now. If the required return is 6 percent, what is the value of the investment today?
Answers
The present value of investment giving returns of $7000 at the end of 15 years will be $2920.86
What is present value?The present value refers to as the current value of a certain future return at a determined interest for a particular period of time. Using the above information, it can be calculated as,
\(\rm Present Value = FV\ x\ \dfrac{1}{(1+rate)^n}\\\\\\\rm Present Value =7000\ x\ \dfrac{1}{(1+0.06)^1^5}\\\\\rm Present Value =\$2920.86\)
Hence, the present value is as calculated above.
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A list of reasons on why could it take 36 years and $61,060 to pay off a $10,000 credit card dept.
Help I need the answer fast
Answers
Answer:
This is due to compound interest on the credit card bills.
Explanation:
Credit card debt of $10,000 is repaid when its due. The bank lends the credit card amount and then charges interest on the debt amount. The compound interest is added to the debt amount and then future value of the debt is greater than the present value.
If there is a conflict between a person’s verbal communication and non-verbal communication, people are more likely to believe their non-verbal communication. please select the best answer from the choices provided t f
Answers
If there is a conflict between a person's verbal and non-verbal communication, people are more likely to believe their non-verbal communication - TRUE
While verbal communication is essential to achieving success in both interpersonal and professional relationships, non-verbal communication – also known as body language – always speaks louder than words. Often performed automatically rather than intentionally, body language is the use of observable behaviors, attitudes, and habits for nonverbal communication.
When you communicate with other people, you are constantly sending and receiving non-verbal signals, whether you realize it or not. Your posture, tone of voice, amount of eye contact, gestures, and other nonverbal behaviors all convey important messages. They can put people at ease, inspire confidence and draw people to you, or they can irritate and confuse.
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Please!!!!!!!!!!!!!!!!!!!!please!!!!!!!!!!!!!!!!!
What is Marketing and why is it important in a global economy? How do you interact with and are
affected by marketing daily?
Answers
Answer:
Many companies have become disillusioned with sales in the international marketplace as old markets become saturated and new ones must be found. How can they customize products for the demands of new markets? Which items will consumers want? With wily international competitors breathing down their necks, many organizations think that the game just isn’t worth the effort.
The exchange gain or loss on repatriated funds from a foreign branch is calculated by multiplying the nominal amount of the funds by: Group of answer choices the difference between the exchange rate at the beginning of the year and the exchange rate at the end of the year. the difference between the exchange rate on the date of repatriation and the exchange rate used to translate the branch's pretax income. the difference between the current exchange rate and the exchange rate at the end of the year. the difference between the exchange rate on the date of repatriation and the exchange rate at the beginning of the year.
Answers
Answer: the difference between the exchange rate on the date of repatriation and the exchange rate used to translate the branch's pretax income.
Explanation:
Repatriation simply means converting of foreign currencies into local ones. Earning of income in foreign currencies, by a comoany are typically subject to risk regarding foreign exchange which could bring about a loss.
It should be noted that the exchange gain or loss on repatriated funds from a foreign branch is calculated when the nominal amount of the funds is multiplied by the difference between the exchange rate on the date of repatriation and the exchange rate used to translate the branch's pretax income.
Question #1
Which of these products is a service?
O Pet food
O Veterinary care
O Grooming brush
O Medication for a pet
Answers
Explain why you think Americans can do yo ensure workers have decent working conditions and pay?
Answers
Answer:
Americans are expected to make sure that discrimination in the workplace is avoided.
Why do current and available balances sometimes show different amounts of money in the same account?.
Answers
Current and available balances sometimes show different amounts of money in the same account because of: Pending transaction.
What is current and available balance?Current balance is the balance you have in your account while available balance on the other hand is the balance in your account that you have access to withdraw at any period of time.
The major reason why current and available balance may differs is because some transaction you made has not yet being processed by your bank.
Therefore current and available balances may show different amounts of money in the same account because of: Pending transaction.
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carl patterson likes investing in stocks that pay dividends. carl owns 45 shares of a local utility company. the stock pays a regular annual dividend in the amount of $1.75 per share, and the company has indicated that the dividend will stay the same for a long time. if carl reinvests his dividends each year and the dividends earn a return of 6 percent each year, how much will carl accumulate in 14 years? use exhibit 1-b. (round time value factor to 3 decimal places and final answer to 2 decimal places.)
Answers
Carl will accumulate $1,623.18 in 14 years if he reinvests his dividends each year and earns a return of 6% each year.
Exhibit 1-b is not provided, so I cannot use it to solve the problem. However, I can calculate the answer using the formula for the future value of an annuity:
\(FV = PMT x [(1 + r)^n - 1] / r\)
where FV is the future value, PMT is the annual payment, r is the annual interest rate, and n is the number of periods.
In this case, PMT = \($1.75 x 45 = $78.75, r = 6%, and n = 14.\)
Plugging in the values, we get:
FV = $78.75 x [(1 + 0.06)^14 - 1] / 0.06 = $1,623.18
Therefore, Carl will accumulate $1,623.18 in 14 years if he reinvests his dividends each year and earns a return of 6% each year.
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True or false:
Global marketing strategies are essential for 21st century businesses.
Answers
Answer:
true
Explanation:
Its an easier way to get your cash
:)
Why is it important for people to be careful to manage their debts?
Answers
Answer:
A debt management company can help by analysing your situation and giving you good advice on the best debt solution to suit your needs. A debt consolidation loan may also be a good way of arranging your debt and making it easier to pay back
Explanation:
Hope this helped Mark BRAINLIEST!!!
A binding price ceiling is a mandated _______.
A. maximum price above the market equilibrium price
B. minimum price above the market equilibrium price
C. maximum price below the market equilibrium price
D. minimum price below the market equilibrium price
Answers
A binding price ceiling is a mandated "maximum price below the market equilibrium price."
This is because a binding price ceiling is a point at which the price of certain commodities can not rise above the market equilibrium price.
The binding price ceiling is usually set by the government rather than the force of demand and supply.
The binding price ceiling has negatives, such as leading to a shortage of supply.
Hence, in this case, it is concluded that the correct answer is option C.
"maximum price below the market equilibrium price."
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Answer:
I took the quick check. brainliest would be nice
Explanation:
1: C- maximum price below the market..
2:C- producers from low market..
3: C- led to a shortage as prices are kept from rising....
4: D- a price ceiling of 1,000
5: A- the surplus resulting from the price floor...