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Twenty-five examples of 150 online orders that were picked manually were inspected prior to shipping and a total of 36 orders were found to be incompleted or wrong.Compute control limits for p-chart.
UCL=p+3p
UCL=p-3p
ADVANCED ANALYSIS Let MUA = z = 10 - x and MUB = z = 21 - 2y, where z is marginal utility per dollar measured in utils, x is the amount spent on product A, and y is the amount spent on product B. Assume that the consumer has $10 to spend on A and ..
Nominal GDP uses current prices as a measure of the value of goods and services produced, while real GDP uses prices of goods and services in a base year to measure value. Suppose an economy consists of three goods: pizza, sodas, and televisions.
S&B Manufacturing Inc., a manufacturer of packaging products is attempting to select a short run strategy which maximizes the long run value of expected future profits. Their long run value will depend upon their competitor's response. The control..
What is the cost function, marginal cost function, and average cost function for each plant? b) What is the efficient scale and minimum average cost for each plant? c) What is the cost function for the firm?
How do you relate the most recent unemployment rate (Look for Jan, 2012 data on unemployment rate) to your conclusion of this question indicating if the US economy is in a state of full employment. Feb 2012 unemployment data will be announced on M..
Determine which of the following refers to a relatively high correlation among independent variables of a regression equation?
Evaluate the merit or otherwise of the above statement by commenting on the R2 values of the estimated CAPM regressions above.
The 2003 Zagat Restaurant Survey provides food, décor, and service ratings for some of the top restaurants across the United States. For 15 top-ranked restaurants located in New York, the average price of a dinner including, one drink and tip, wa..
A cupola for a foundry was purchased for $3000.$500 more was spent on its erection and commisioning.The estimated residual value after 10 yeras was $700. A)calculate annual rate of depriciation. B)Determine the amount of depriciation at the end of ..
A new gear grinding machine for composite materials has a first cost of P=$100,000 and can be used for a maximum of 3 years. Its salvage value is estimated by the relation S=P(0.85)n, where n is the number of years after purchase. The operating co..
The accompanying graph shows the market for loanable funds in equilibrium. Which might produce a new equilibrium interest rate of 8% and a new equilibrium quantity of loanable funds of $150. what will shift the equilibrium right from $100 to $150 ..
Hurricane delayed the cash inflows that the managers of firm Metro expected from a project that being built and increased the cash outflows over the next two years. the NPV of this project is now negative.
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