<span>False. Shortage occurs in a replenishment cycle only if the demand during the lead time exceeds the ROP. True. The fill rate increases and the cycle service level decreases as the safety inventory is increased. False. For the same safety inventory, an increase in lot size increases the fill rate but not the cycle service level.</span>
Answer:
An ebusiness model details how a company creates, delivers, and generates revenue; a business model does all the same except on the internet
Explanation:
E-commerce is nothing but buying and selling of goods around the web. On the contrary, e-business is a little different as it is not limited to, commercial transactions, but it also provides other services. These are the two emerging modes of doing business, which are gaining importance with the passage of time.
Malcolm Company uses a weighted-average process costing system. All materials at Malcolm are added at the beginning of the production process. The equivalent units for materials at Malcolm would be the sum of Units in beginning work in process and units started.
Answer: Option (2) is correct
<u>Explanation:</u>
The weighted average process costing system is used in case of those processes of production which are standardized.
The beginning cost of work in the process is added to the cost during the period and then it is divided by total equivalent units to arrive at the average cost per unit. Now the equivalent units for material at Malcolm would be units in the beginning work in process and the units started.
Answer and Explanation:
Data provided in the question
defect rate i.e. 
= 1.50%
the sample size = n = 200
Now
= 0.008595057
Now the 3 sigma control limits is
UCL_p = + 35p
= 0.015 + 3 (0.008595057
)
= 0.04078517
LCL_p = - 35p
= 0.015 - 3 (0.008595057
)
= 0
hence, the 3 sigma control limits are UCL 0.04078517 and LCL 0 respectively
