A firm draws twelve samples of size 200 from a production process and counts the number of defects. The values are: 0.3.3, 1.2, 2.3, 1.1, 8, 2, and 6. Produce a two-sigma p-chart. Use that control chart to answer the questions below. Round all values to four decimal points. Listen What is the upper control […]
This is mostly a conceptual question about the investment strategy all investors should prefer to use according to the CAPM. Suppose the market portfolio has an expected return of 12%, Portfolio A has an expected return of 14%, and the risk-free rate is 2%. According to the CAPM, how should an investor optimally achieve an […]
Morgan company is considering expanding its production capacity by purchasing a new machine, the AC250. The cost of the AC250 is $1 million. Unfortunately, installing this machine will take several months and will partially disrupt production. The firm has just completed a $45,000 feasibility study to analyze the decision to buy the AC250, resulting in […]
A production line is to be designed for a job with three tasks. The task times are 0.6 minutes, 1.8 minutes, and 1.2 minutes. If the necessary cycle time is 1.2 minutes per unit, what is the theoretical minimum number of workstations? Select one: O a 2.0 Ob 3.6 ??. 4.0 Od 4.2 O?. 3.0 […]
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