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lesya [120]
1 year ago
12

An operator trainee is attempting to monitor a filling process that has an overall average of 705 cc. The average range is 17 cc

. If you use a sample size of 6, what are the upper and lower control limits for an R-chart?
Business
1 answer:
timofeeve [1]1 year ago
8 0

Answer and Explanation:

The computation of the upper and lower control limits for R-chart is shown below:

Upper Control limit of \bar x chart is

\bar x + A2 × \bar R

=705 + 0.483 × 17

=713.21

Lower Control Limit Of \bar x Chart is

\bar x- A2 × \bar R

= 705 - 0.483 × 17

= 696.789

The A2 value could be taken from the X bar and R bar chart having a sample size of 6

Now  

Upper control limit of R Chart

= D4 ×  \bar R

= 2.004 × 17

= 34.068

And,

Lower limit of R chart

=  D3 × \bar R

= 0.076  × 17

= 1.292

The D3 value is not available for the sample size 6 so we took the values of sample size 6

Also the D3, D4, and A2 could be taken from X bar tables and the range chart

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Bonita Company has a factory machine with a book value of $87,800 and a remaining useful life of 5 years. It can be sold for $32
qwelly [4]

Answer: Old machine should be replaced.

Explanation:

The variable manufacturing cost will reduce by:

= 624,000 - 524,000

= $100,000

Over a period of 5 years this will be:

= 100,000 * 5

= $500,000

Selling the old machine would bring in $32,000:

= 500,000 + 32,000

= $532,000

The cost of the new machine would reduce this gross benefit by:

= 532,000 - 455,100

= $76,900

<em>Net income will increase by a total of $76,900 over the 5 year period if the new machine is bought so it should be bought. </em>

4 0
1 year ago
Assume that Abby, Ben, Clara, Joe, and Matt are the only citizens in a community. A proposed public good has a total cost of $1,
serg [7]

I THINK ITS MIDDLE FINGERS AT THESE AHOLE MODERATORS

6 0
2 years ago
It costs a meat-processing company $50,000 to produce 5,000 pounds of steak. the company's cost will be $50,009 if it produces a
Thepotemich [5.8K]
Calculating average cost of steak initially when only 5000 pounds was produced 
Average cost= 50000/5000 
AC= 10$ 
Now when 1 pound is added only 9$ is added in total cost so marginal cost 
MC= 9$ 
From above calculations we can see that AC>MC
 so we can say that the average cost of production is greater than marginal cost so it will be beneficial to produce more
8 0
2 years ago
Your job pays you only once a year for all the work you did over the previous 12 months. Today, December 31, you received your s
lisabon 2012 [21]

Answer:

FV =  2,621,048.23

Explanation:

we will calcualte the future value of an annuity with an geometric progression:

\frac{(1+r)^{n} -(1+q)^{n}}{r - q} = FV

g 0.03

r 0.092

C 5,356 ( we will save next year (52,000 x 1.03) the 10% )

n 39 (we start saving next year)

\frac{(1+0.092)^{39} -(1+0.03)^{39}}{0.092 - 0.03} = FV

FV = 2,400,227.319

As we deposit at the first day of the year this will be an annuity-due so we will multiply by (1 +r)

FV =  2,621,048.23

3 0
1 year ago
Read 2 more answers
Project A has a predicted payback period of 2.5 and Project B has a predicted payback period of 5. Based on this information we
anastassius [24]

Answer:

A. more information should be gathered before deciding on which project, if either, is desirable.

Explanation:

The lower Payback Period is not sufficient information to decide which project is more profitable. The payback period indicates when in the life of a project the initial investment principal cash flow is achieved.

But to decide about a certain project it is better to know the interest yield, it is also important to get the life of the project and other information.

For example:

a.- 250 investment 100 per year  payback in 2.5-year life 3 years

b.- 500 investment 100 per year payback in 5-year life 20 years

While A payback occurs before project B is better

6 0
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