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defon
2 years ago
15

Peter Ittig's department store, Ittig Brothers, is Amherst's largest independent clothier. The store receives an average of 8 re

turns per day.
Using z = 3, the control chart limits are:

what are UCL and LCL?
Business
1 answer:
Irina-Kira [14]2 years ago
6 0

Answer:

C-chart is the best suited for this since it is widely used to determine if the defects or returns are within the control limits or not.

Mean = average = 8 per day

Z=3

UcL = mean + 3[square root of mean]= 8+ 3 (Sq root of 8) = 16.48

LcL= mean - 3[ square foot of mean] = - 0.485

So the returns are within the control limits.

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PB2.
olga55 [171]

Answer:

The contribution margin per unit for the 18-inch blade.

Break even in units = Fixed cost/Contribution per unit

                                = 85,000/11 (15-4)

                                = 7,728 unit (round off)

The contribution margin ratio of the 18-inch blade.

Total contribution margin (CM) is calculated by subtracting total variable costs TVC from total sales TSP. Contribution margin per unit equals sales price per unit SP minus variable costs per unit VC . It is used in calculating a break even point of a business. Contribution margin ratio tells us how much contribution towards fixed cost is generate by selling a unit.

CM ratio = $ 11/ $ 15 *100= 73.33%

(Variable cost = 15 -4 = 11 )

Contribution margin income statement for the month of January.

Sales                              $ 180,000

Variable cost                 ($ 48,000)

Gross profit                    $ 132,000

Fixed Cost                      ($ 85,000)

Net Profit                         $ 47,000

        

5 0
2 years ago
All OSHA-covered organizations are required to have _____.
Marta_Voda [28]

Answer:

a safety manual

Explanation:

OSHA = Occupational Safety and Health Administration

6 0
2 years ago
Poulter Corporation will pay a dividend of $3.25 per share next year. The company pledges to increase its dividend by 5.1 percen
JulsSmile [24]

Answer:

current price of the stock P = $55.084

Explanation:

given data

dividend D1 = $3.25 per share

Dividend growth rate g = 5.1 % = 0.051

Required rate of return r = 11 % = 0.11

solution

We can find the price of the company stock today by using Gordon's Growth Model  that is

current price of the stock P =  \frac{D1}{r-g}     ..................1

here D1 is dividend   and r is rate of return and g is growth rate

so here value in equation 1 we get

current price of the stock P =  \frac{3.25}{0.11 - 0.051}

current price of the stock P = $55.084

7 0
2 years ago
Which of the following dimensions of entrepreneurial orientation is described as a forward-looking perspective characteristic of
trapecia [35]

Answer:

A) Proactiveness.

Explanation:

This explained to be a conceptual development in entrepreneurial orientation that enacts a degree of anticipation in product and also increase a productivity in the entrepreneurial sphere. Some undiluted descriptions shows it to be the introduction of results based on its qualitative study, which is been aimed at the characterizing of the proactiveness in entrepreneurial software firms. Experienced researched organizations has shown that the one which are related to environment monitoring and opportunities quest been highlighted are also core part of proactiveness.

4 0
2 years ago
Imagine that a small manufacturing company decides to invest in a materials resources planning (MRP) system. This is a computeri
klio [65]

The correct answer to this open question is the following.

Although there are no options attached, we can say the following,

The human resource functions that are likely to be affected by this change are Resource Management, Personal Data Management, Training, and Performance Management.

Human Resource Management helps the organization carry out this change successfully, explaining how these modifications can benefit the employees and the entire organization. HR has to use the proper means of internal communication to explain in advance the kinds of oof changes that are coming. This will prevent fear and anxiety, and eliminate rumors about the situation of the employees in the organization.

HR has to be careful in confirming that nobody is going to be fired by the arrival of new technologies. Then, HR has to explain in detail the many benefits in planning, scheduling, organizing, inventory, and many other benefits for each department. If employees do not feel threatened by this new technology they would welcome changes that allow them to do their work more productively.

5 0
2 years ago
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