There is a 3 percent error rate at a specific point in a production process. If an
Question:
If no inspector is used and defects are allowed to pass this point, there is a cost of $ 10 per unit to correct the defect later on.
Should an inspector be hired?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (12 reviews)
Defective average 03 inspection rate 30 per hour ...View the full answer
Answered By
Nazrin Ziad
I am a post graduate in Zoology with specialization in Entomology.I also have a Bachelor degree in Education.I posess more than 10 years of teaching as well as tutoring experience.I have done a project on histopathological analysis on alcohol treated liver of Albino Mice.
I can deal with every field under Biology from basic to advanced level.I can also guide you for your project works related to biological subjects other than tutoring.You can also seek my help for cracking competitive exams with biology as one of the subjects.
3.30+
2+ Reviews
10+ Question Solved
Related Book For
Operations and Supply Chain Management
ISBN: 978-0078024023
14th edition
Authors: F. Robert Jacobs, Richard Chase
Question Posted:
Students also viewed these Management Leadership questions
-
If all significant flaws or defects could be eliminated from the structural ceramics, what features might still limit their possible applications?
-
If there are 40 defects from 8 samples each sample consisting of 20 items, which of the following fraction defective that can be used in a p chart for production control purposes? 160 5 0.25 0.4 40
-
An Internal Revenue Service inspector is to select 3 corporations from a list of 15 for tax audit purposes. Of the 15 corporations, 6 earned profits and 9 incurred losses during the year for which...
-
Assume Pelican Corp has a current Beta is 0.65 and no debt. Management wants to increase their debt load which will result in a debt/equity ratio of 0.20 Given this change, what is the new,...
-
Identify four techniques for organizing a meeting for group decision making and problem solving.
-
In Gas Pump, South Dakota, there are two kinds of consumers, Buick owners and Dodge owners. Every Buick owner has a demand function for gasoline DB (p) = 20 5p for p 4 and DB (p) = 0 if p > 4....
-
Which one of the following does not relate to diesel engines ? (a) fuel pump (b) fuel injector (c) governor (d) carburettor
-
Over the past 5 weeks, demand for wine at Winstons Winery has been 1,000, 2,300, 3,200, 1,750, and 1,200 bottles. Winston has placed weekly orders for glass bottles of 1,100, 2,500, 4,000, 1,000, and...
-
Explain why accurate accounting information helps with the overall analysis of the business. Discuss how inaccurate or false information impacts the business. In your opinion, discuss the importance...
-
Standard Company has a relatively high profit margin on its sales, and Jewel Company has a substantially lower profit margin. Standard holds 55 percent of Jewels common stock and includes Jewel in...
-
Output from a process contains 0.02 defective units. Defective units that go undetected into final assemblies cost $ 25 each to replace. An inspection process, which would detect and remove all...
-
Design specifications require that a key dimension on a product measure 100 6 10 units. A process being considered for producing this product has a standard deviation of four units. a. What can you...
-
For each of the following sets of numbers, calculate a \(95 \%\) confidence interval for the mean \((\sigma\) known); before going through the steps in calculating the confidence interval, the sample...
-
When conducting a thorough content analysis on your chosen brand, think about the following points: Analyzing the types of platforms used by the brand, what is their digital footprint (i.e. is there...
-
Question in TASM Language. Your Client asked you to design, code and test a program by using Procedures that: 1. Request the user to enter two numbers. Each number can be in this format xx.xx(where x...
-
Obtain each of your company's annual reports for the 2021, 2020, and 2019 financial years from the company's website or www.asx.com.au. The annual reports contain the chairperson's report, directors'...
-
When a brand sells itself to another company and becomes a house of brands - who takes care of marketing and branding for the brand?
-
When do you use your mental shortcut (system 1) to make purchase decisions?When do you use deliberate and rational thinking (system 2) to make purchase decisions? What are the pros and cons of...
-
Explain the importance of information in gaining insights about the marketplace and customers.
-
a. What is meant by the term tax haven? b. What are the desired characteristics for a country if it expects to be used as a tax haven? c. What are the advantages leading an MNE to use a tax haven...
-
Merlot plc is financed by 10 million shares, whose current market value is 2.40 a share, and 10 per cent loan notes with a nominal and market value of 14 million. The business plans to issue...
-
During the busy season, the store manager has de cided that 98% of the time, he does not want to run out of Sams Cola before the next order arrives. Use the following data to calculate the reorder...
-
Mountain Mouse makes freeze-dried meals for hikers. One of Mountain Mouse's biggest customers is a sporting goods superstore. Every 5 days, Mountain Mouse checks the inventory level at the superstore...
-
Dave's Sporting Goods sells Mountain Mouse freeze-dried meals. Dave's uses a continuous review system to manage meal inventories. Suppose Mountain Mouse offers the following volume discounts to its...
-
Under what conditions would the National Building Code (N.B.C.) be used, as opposed to the Ontario Building Code (O.B.C.)?
-
Each month I have to lie on my expense report in order to get reimbursed for an honest business lunch," is example of?
-
Secondary Analysis: This week visit the Keizer Online Library and find a full-text article on secondary analysis in research. Find a full-text article, download it, highlight it, and upload it to the...
Study smarter with the SolutionInn App