What is total number of opportunities for unpaid invoices

Assignment Help Basic Statistics

Reference no: EM131432152

Constructing a p chart for unpaid invoices. The controller's office of a corporation is concerned that invoices that remain unpaid after 30 days are damaging relations with vendors. To assess the magnitude of the problem, a manager searches payment records for invoices that arrived in the past 10 months. The average number of invoices is 2840 per month, with relatively little month-to-month variation. Of all these invoices, 1028 remained unpaid after 30 days

(a) What is the total number of opportunities for unpaid invoices? What is p^‾?

(b) Give the center line and control limits for a p chart on which to plot the future monthly proportions of unpaid invoices.

Reference no: EM131432152

Questions Cloud

Important software applications : Microsoft Excel spreadsheets are one of the most important software applications you can use-especially in your career. Excel is a type of application that utilizes numbers, but it is so much more than that. It allows the user to create, analyze, ..

Write about your thoughts about article : Read the article at the website And write about your thoughts about the things discussed in the article

Explain the three primary goals of the evaluation : Explain the three (3) primary goals of the evaluation and analyze three (3) major cultural or political issues that might be encountered and explain how they might be overcome effectively.

Disruptions in computer systems : 1. Cyber-attacks could affect our business. 2. Disruptions in our computer systems could adversely impact our business. 3. We could be liable if third party equipment recommended and installed by us, i.e. smart home controllers, fails to provide ad..

What is total number of opportunities for unpaid invoices : What is the total number of opportunities for unpaid invoices? What is p‾?- Give the center line and control limits for a p chart on which to plot the future monthly proportions of unpaid invoices.

Discussed a system and its vulnerabilities : As much of the information is either created and/or stored in the system, securing the OS requires a thorough understanding of the Operating system and how to secure it. There are many different types of operating systems that exist, either for d..

Construct a p chart for mishandled baggage : What are the initial center line and control limits for a chart of the daily proportion of mishandled baggage reports?

What osha regulations would have been violated : If you are researching an event that occurred in the U.S., what OSHA regulations were violated? If you are researching an event that occurred outside of the U.S., what OSHA regulations would have been violated?

Initial center line and control limits for a chart of hourly : A machine will allow the farm to inspect 500 eggs per hour. What are the initial center line and control limits for a chart of the hourly percent of damaged eggs?

User Account

All Pages