Number of units the inspector can inspect in one hour Labor cost per hour for the...

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Number of units the inspector can inspect in one hour Labor cost per hour for the inspector Probability of defect Cost to fix defective unit 60 $12 2% $5 1. What is the cost per hour to inspect? 2. What is the cost per hour to not inspect? 3. What is the per unit cost to inspect? 4. 4 What is the per unit cost to not inspect? 5. Is there a benefit or loss associated with inspection? 6. How much is the per unit benefit or loss associated with inspection? 7. Should the inspection process be eliminated? Number of units the inspector can inspect in one hour Labor cost per hour for the inspector Probability of defect Cost to fix defective unit 60 $12 2% $5 1. What is the cost per hour to inspect? 2. What is the cost per hour to not inspect? 3. What is the per unit cost to inspect? 4. 4 What is the per unit cost to not inspect? 5. Is there a benefit or loss associated with inspection? 6. How much is the per unit benefit or loss associated with inspection? 7. Should the inspection process be eliminated?

Answer rating: 100% (QA)

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