Answer:
a) 0.667
b) Yes
Explanation:
Data provided in the question:
Mean = 0.04 chip
Standard deviation, s = 0.003 chip
Lower Specification Limit, LSL = 0.034
Upper Specification Limit, USL = 0.046
Now,
a) Capability Index = ( USL - LSL ) ÷ ( 6 × s )
or
Capability Index = ( 0.046 - 0.034 ) ÷ ( 6 × 0.003 )
= 0.667
b) Cpk = min( [( USL - Mean) ÷ ( 3s ) , ( Mean - LSL) ÷ ( 3s ))
or
Cpk = min( ( 0.046 - 0.04) ÷ (3 × 0.003 ), ( 0.04 - 0.034 ) ÷ ( 3 × 0.003 ))
or
Cpk = min( ( 0.046 - 0.04) ÷ (3 × 0.003 ), ( 0.04 - 0.034 ) ÷ ( 3 × 0.003 ))
or
Cpk = min( 0.667, 0.667 )
Therefore,
Cpk = 0.667
as Cp and Cpk are equal
Hence, it is ideal condition and process is capable
Answer:
2500 phones produced at $250 per phone
Max weekly revenue would be $625,000.
Explanation:
p = 500 - 0.1x
p is the price per unit
revenue = quantity * price/unit
R(x) = revenue = p(x)*x = 500x - 0.1x²
p(x) maximum when first derivative is set to 0
500 - 0.2x = 0 ==> x = 500/0.2 = 2500 quantities
price/unit : p = 500 - 0.1*2500 = 500 - 250 = 250
revenue :
r(2500) = 500*2500 - 0.1*2500²
r(2500) = 2500(500 - 250) = 625000
The company should produce 2500 phones each week at a price of $250
The maximum weekly revenue is $625000
An advantage of simple interest is that it is simpler to understand and cheaper. Regarding the disadvantages, they are associated with the difficulty of being found and in case of delay there are higher associated fees.
Compounding interest, on the other hand, has the benefits of investment advantages, as funds grow more than simple interest over a period of time. The disadvantages are related to cost, which depending on economic factors can increase or decrease.
<h3 /><h3>How to make good investments?</h3>
Is necessary for the investor to be aware of the risks inherent in any investment, so the ideal is that the investment portfolio is varied, to mitigate the risks. Some other important tips are carrying out financial planning, knowing your investor profile and the discipline necessary to manage your investiments in an advantageous and profitable way.
Therefore, if a choice had to be made to invest, perhaps compound interest would be a better option, as it has a higher yield over time.
Find out more about compound interest here:
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Answer:
I. Consumer Reports: consumer advocacy publication.
II. Federal Trade Commission (FTC): competition regulator.
III. Food and Drug Administration (FDA): consumer protection agency.
Explanation:
I. Consumer Reports: consumer advocacy publication. It is a non-profit organization in the United States of America saddled with the responsibility of consumer advocacy, investigative journalism, product testing and the enlightening of the general public.
II. Federal Trade Commission (FTC): competition regulator. It is an agency of the government of the United States of America saddled with the responsibility of promoting consumer protection and the enforcement of all civil antitrust laws.
III. Food and Drug Administration (FDA): consumer protection agency. It is a federal agency of the government of the United States of America saddled with the responsibility of protecting the consumers of edible products and public health safety.