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- Processing times for new accounts at a bank are shown in the following table. Five samples of four observations each have been taken. Use the sample data in conjunction with the Table of Constants for Control Charts (provided) to construct upper and lower control limits for both a mean chart and a range chart. Do the results suggest that the process is in control? Total Sample 1 10.2 9.9 9.8 10.1 40.0 Sample 2 10.3 9.8 9.9 10.4 40.4 Sample 3 9.7 9.9 9.9 10.1 39.6 Sample 4 9.9 10.3 10.1 10.5 40.8 Sample 5 9.8 10.2 10.3 9.7 40.07. Costs of inspectors, testing, testing equipment, and labs are examples of O A. internal failure costs O B. prevention costs. O C. appraisal costs. OD. external failure costs. Mark for review (Will be highlighted on the review page) Next Question >>9. Which of the following qualitative factors favors the buy choice in a make or buy decision for a part? * O quality control is critical O part is critical to product O utilization of idle capacity maintaining a long-term relationship with suppliers
- Camera / Specifications Nikon Kodak Pixpro D3400 Battery life (hours) 3 2. The Nikon D3400 battery life lasts as long as the Kodak Pixpro. Select one: O a. nearly O b. twice O c. three times36. This risk stems from the unavailability of raw materials, IT, skilled labor, facilities, or other resources that threaten the organization's ability and capacity to continue operations. Group of answer choices None of the choices Product or service failure risk Availability risk Business interruption risk Commerce riskperform an LCA of a hamburger. life cycle stages… show how “sub-cycles” spin off of the main hamburger life cycle, I.e. the life cycle for the lettuce; life cycle for the truck that brings the lettuce; life cycle for the metals to produce the truck… to illustrate how large the system can be and WHY you’ll always need to draw boundaries.
- multiple choice 3. For the purposes of financial statements prepared under generally accepted accounting standards (GAAP), companies:to. They should use absorption costingb. They should use variable costingc. they can use variable costing, but most companies use absorption costingd. can use absorption costing, but most companies use variable costing 4. With regard to quality, the costs that a company must emphasize to improve its quality are:to. External failure costsb. Internal failure costsc. Assessment costsd. Prevention costsAn item can be sold for P63per unit wholesale is being produced with thefollowing cost data: Labor cost =P10 per unitMaterial cost =P15 per unitFixed charges =P10,000Other variable cost =P8 per unit a.) What is the break-even sales volume?b.) What is the break-even sales volume if one out of every ten units produced is defective and is rejected with only full recovery on materials?Testing, labs, inspectors and interruptions of production to take samples, are examples of O a. Replacement costs O b. Internal failure costs O c. External failure costs O d. Prevention costs O e. Appraisal costs
- 1. There are two approaches to the implementation of ERM, namely the measurement driven approach and the process-control approach. What is the focus of the measurement driven approach in implementing ERM? 2. Write a small paragraph on the concept of maximum foreseeable loss (MFL) and its significance in risk management. Question 2 1. Distinguish between the.'Maximin', 'Maximax·• and the 'Minimax regret' decision strategy. 2. Determining the size or quantum of a possible loss provides a backdrop against which efforts to manage the risk can be measured .Highlight the measures used to enhance the description of possible loss more accuratelyA cause-and-effect (i.e, “fish-bone” or “Ishikawa”) diagram is most helpful for which of thefollowing?a. Estimating nonlinear cost functionsb. Diagnostic purposes (i.e., guiding corrective action once poor quality outputs have beendetermined)c. Detecting poor-quality outputsd. Developing cost-of-quality (COQ) reportsVolumetric Glassware: Utility and Calibration (Dry Lab) Table B1: Calculation of a 100-mL Volumetric Flask. temperature of the Distilled H2O (°C) 27 density of distilled H2O at calibration temperature mass (g) of volumetric flask + distilled H₂O Trial 1 198.5893 Trial 2 198.6114 Trial 3 mass (g) of dry volumetric flask 98.6563 98.7503 198.6001 98.7145 mass (g) of distilled H₂O m true g calculated volume of water dispensed, cm³ corrected volume, V20 °c, cm³ average corrected volume, V20 °C, cm³ standard deviation (4 sig figs) %RSD (2 sig figs)