Question: 14. A firm has four different production processes. Data for each of these processes is given below. Which process will not consistently produce products within

14. A firm has four different production processes. Data for each of these processes is given below. Which process will not consistently produce products within design specifications? Process Number 1 Process Process Standard Mean Deviation 200 5 400 500 2000 4 Design Tolerance +40 +10 +80 +40 2 3 4 7 A Process 1 B. Process 2 C. Process 3 D. Process 4 15. Consider a firm with a net income of $20 million, revenue of $60 million and cost of goods sold of $50 million. If the balance sheet amounts show $2.5 million of inventory and $500,000 of property, plant & equipment, what is the inventory tumover? a 20.00 b. 10.00 C 15.00 d 4.16 e. 12.50 21. Consider a firm with a net income of $20 million, revenue of $60 million and cost of goods sold of $20 million. If the balance sheet amounts show $2 million of inventory and $500,000 of property, plant & equipment, how many weeks of supply does the firm hold? (There are 52 weeks in a year) A) 12.50 B) 4.16 C) 2.60 D) 5.20 E) 3.47

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