The cost to do 100% inspection of incoming parts is $1 per item and the cost...
The cost to do 100% inspection of incoming parts is $1 per item and the cost to replace a defect later in the process when the defect becomes obvious is $11.
If the actual lot contains 7% defective items, the correct decision is to accept the lot.
True or false?
Homework Answers
Let,
Total number of units = 100.N
Number of defective units ( @7% ) = 7.N
Cost of replacing these defective units = $11 / unit x 7.N = $77.N
Total cost of inspection of all received units = $1/ unit x 100.N = $100.N
Since cost of replacing these defective units ( $77.N) < Total cost o inspection of all received units, it is better to accept the lot without inspecting
|
THE CORRECT DECISION IS TO ACCEPT THE LOT = TRUE |
Add Answer to:
The cost to do 100% inspection of incoming parts is $1 per item
and the cost...
An organization is indifferent between 100% testing of a received lot and detecting defective parts later...
An organization is indifferent between 100% testing of a
received lot and detecting defective parts later in the process
when 17% of the incoming parts are defective.
Their acceptance sampling plan is to accept the lot if two or
fewer items in a sample of 10 are defective.
If the lot actually has 10% defective items, what is the
consumer's risk?
Express as a percent with two decimal places without a percent
sign (e.g. 84.346% would be shown as 84.35)
Time Remaining 1 hour 11 minutes 4 seconds01:11:04 Item 6Item 6 Time Remaining 1 hour 11...
Time Remaining 1 hour 11 minutes 4 seconds01:11:04 Item 6Item 6
Time Remaining 1 hour 11 minutes 4 seconds01:11:04 Whitman
Enterprises uses a traditional-costing system to estimate
quality-control costs for its Dragon product line. Costs are
estimated at 30% of direct-labor cost, and direct labor totaled
$861,000 for the quarter just ended. Management is contemplating a
change to activity-based costing, and has established three cost
pools: incoming material inspection, in-process inspection, and
final product certification. Number of parts, number of...
Please help!!!!!! import java.util.Random; public class CSE205_Assignment04 { private static Random rnd = new Random(); public...
Please help!!!!!!
import java.util.Random;
public class CSE205_Assignment04 {
private static Random rnd = new Random();
public static void main(String[] args) {
Tree_ctor_test();
Tree_insert1_test();
Tree_insert3_test();
Tree_insertMany1_test();
Tree_insertMany2_test();
Tree_insertMany3_test();
Tree_insertMany4_test();
}
public static void Tree_ctor_test()
{
Tree<Integer> t = new BSTree<Integer>();
assertEqual("", t.toString(), "Tree_ctor_test: toString", false);
assertEqual(false, t.contains(0), "Tree_ctor_test: contains", false);
}
public static void Tree_insert1_test()
{
Tree<Integer> t = new BSTree<Integer>();
t.insert(1);
assertEqual("1 ", t.toString(), "Tree_insert1_test: toString", false);
assertEqual(false, t.contains(0), "Tree_insert1_test: contains", false);
assertEqual(true, t.contains(1), "Tree_insert1_test: contains", false);
}
public static...
True or False 1. A fixed cost is not constant per unit of product. 2. cost...
True or False 1. A fixed cost is not constant per unit of product. 2. cost behavior is considered curvillinear whenever a straight line is a reasonable approximation for the relation between cost and activity. 3. The sum of all manufacturing cost except for direct materials and direct labor is called manufacturing overhead. 4. A fixed cost is a cost whose cost per unit varies as the activity level rises and falls. 5. The relevant range concept is applicable to...
1. Many companies use a incoming shipments of parts, raw materials, and so on. In the...
1. Many companies use a incoming shipments of parts, raw materials, and so on. In the electronics industry, component parts are commonly shipped from suppliers in large lots. Inspection of a sample of n components can be viewed as the n trials of a binomial experimem. The outcome for each component tested (trialD will be that the component is classified as good or defective defective components in the lot do not exceed 1 %. Suppose a random sample of fiver...
1 - Almost all processes, regardless on whether they are goods or services, exhibit some type...
1 - Almost all processes, regardless on whether they are goods or services, exhibit some type of variation in their output. For example, a box of cereal may say that it contains 16 ounces, but in reality, it may be a little bit more, or a little bit less. The machine pouring the cereal into the box may not be adjusted properly, and it may only put 15.8 ounces in each box, on the average. This would be considered an...
6. What is the primary goal of accounting? A. To set long-term goals and objectives. B....
6. What is the primary goal of accounting? A. To set long-term goals and objectives. B. To arrange for the necessary resources to achieve a plan. C. To provide information for decision making. D. To motivate employees to work towards a plan's success. 7. Manufacturing overhead was estimated to be $250,000 for the year along with 20,000 direct labor hours. Actual manufacturing overhead was $225.000, and actual direct labor hours were 19.000. Which of the following would be correct? A....
6. What is the primary goal of accounting? A. To set long-term goals and objectives. B....
6. What is the primary goal of accounting? A. To set long-term goals and objectives. B. To arrange for the necessary resources to achieve a plan C. To provide information for decision making D. To motivate employees to work towards a plan's Success 7. Manufacturing overhead was estimated to be $250.000 for the year along with Actual manufacturing overhead was $225,000, and ac following would be correct? A Overhead is underapplied by $25.000 B. Overhead is underapplied by $12.500 C....
Need help with this Java. I need help with the "to do" sections. Theres two parts...
Need help with this Java. I need help with the "to do" sections.
Theres two parts to this and I added the photos with the entire
question
Lab14 Part 1:
1) change the XXX to a number in the list, and YYY to a
number
// not in the list
2.code a call to linearSearch with the item number
(XXX)
// that is in the list; store the return in the variable
result
3. change both XXX numbers to the...
CASE Parts Emporium Parts Emporium, Inc., is a wholesale distributor of automobile parts formed is on...
CASE Parts Emporium Parts Emporium, Inc., is a wholesale distributor of automobile parts formed is on hand, the firm's customer service is inadequate. Parts Emporium tries to by two disenchanted auto mechanics, Dan Block and Ed Spriggs. Originally backorder the customer orders not immediately filled from stock, but some 10 located in Block's garage, the firm showed slow but steady growth for percent of demand is being lost to competing distributorships. Because stock 7 years before it relocated to an...
An organization is indifferent between 100% testing of a
received lot and detecting defective parts later in the process
when 17% of the incoming parts are defective.
Their acceptance sampling plan is to accept the lot if two or
fewer items in a sample of 10 are defective.
If the lot actually has 10% defective items, what is the
consumer's risk?
Express as a percent with two decimal places without a percent
sign (e.g. 84.346% would be shown as 84.35)
Time Remaining 1 hour 11 minutes 4 seconds01:11:04 Item 6Item 6
Time Remaining 1 hour 11 minutes 4 seconds01:11:04 Whitman
Enterprises uses a traditional-costing system to estimate
quality-control costs for its Dragon product line. Costs are
estimated at 30% of direct-labor cost, and direct labor totaled
$861,000 for the quarter just ended. Management is contemplating a
change to activity-based costing, and has established three cost
pools: incoming material inspection, in-process inspection, and
final product certification. Number of parts, number of...
Please help!!!!!!
import java.util.Random;
public class CSE205_Assignment04 {
private static Random rnd = new Random();
public static void main(String[] args) {
Tree_ctor_test();
Tree_insert1_test();
Tree_insert3_test();
Tree_insertMany1_test();
Tree_insertMany2_test();
Tree_insertMany3_test();
Tree_insertMany4_test();
}
public static void Tree_ctor_test()
{
Tree<Integer> t = new BSTree<Integer>();
assertEqual("", t.toString(), "Tree_ctor_test: toString", false);
assertEqual(false, t.contains(0), "Tree_ctor_test: contains", false);
}
public static void Tree_insert1_test()
{
Tree<Integer> t = new BSTree<Integer>();
t.insert(1);
assertEqual("1 ", t.toString(), "Tree_insert1_test: toString", false);
assertEqual(false, t.contains(0), "Tree_insert1_test: contains", false);
assertEqual(true, t.contains(1), "Tree_insert1_test: contains", false);
}
public static...
1. Many companies use a incoming shipments of parts, raw materials, and so on. In the electronics industry, component parts are commonly shipped from suppliers in large lots. Inspection of a sample of n components can be viewed as the n trials of a binomial experimem. The outcome for each component tested (trialD will be that the component is classified as good or defective defective components in the lot do not exceed 1 %. Suppose a random sample of fiver...
6. What is the primary goal of accounting? A. To set long-term goals and objectives. B. To arrange for the necessary resources to achieve a plan. C. To provide information for decision making. D. To motivate employees to work towards a plan's success. 7. Manufacturing overhead was estimated to be $250,000 for the year along with 20,000 direct labor hours. Actual manufacturing overhead was $225.000, and actual direct labor hours were 19.000. Which of the following would be correct? A....
6. What is the primary goal of accounting? A. To set long-term goals and objectives. B. To arrange for the necessary resources to achieve a plan C. To provide information for decision making D. To motivate employees to work towards a plan's Success 7. Manufacturing overhead was estimated to be $250.000 for the year along with Actual manufacturing overhead was $225,000, and ac following would be correct? A Overhead is underapplied by $25.000 B. Overhead is underapplied by $12.500 C....
Need help with this Java. I need help with the "to do" sections.
Theres two parts to this and I added the photos with the entire
question
Lab14 Part 1:
1) change the XXX to a number in the list, and YYY to a
number
// not in the list
2.code a call to linearSearch with the item number
(XXX)
// that is in the list; store the return in the variable
result
3. change both XXX numbers to the...
CASE Parts Emporium Parts Emporium, Inc., is a wholesale distributor of automobile parts formed is on hand, the firm's customer service is inadequate. Parts Emporium tries to by two disenchanted auto mechanics, Dan Block and Ed Spriggs. Originally backorder the customer orders not immediately filled from stock, but some 10 located in Block's garage, the firm showed slow but steady growth for percent of demand is being lost to competing distributorships. Because stock 7 years before it relocated to an...
Most questions answered within 3 hours.
-
IN PYTHON ONLY !! Program 2: Re-work
program #5 (WeeklyHours) from the previous assignment such that...
asked 53 seconds ago -
The average length of time between arrivals at a turnpike
toll-booth is 26 seconds. What is...
asked 1 hour ago -
(a) A piston at 6.1 atm contains a gas that occupies a volume of
3.5 L....
asked 2 hours ago -
Please answer true or false. Words
cannot be changed or added in to make it true...
asked 2 hours ago -
An empty test tube weighs 15.923 grams. Then,
MgCl2•6H2O is added into the test tube. After...
asked 2 hours ago -
Assume memory access is 10 units of time and disk access is
10000 units of time....
asked 3 hours ago -
1. Are all good samples random?
2. Magazines often report surveys giving statistics such as “63%...
asked 3 hours ago -
Under all the various types of market structures, firms
must eventually earn some economic profits for...
asked 3 hours ago -
Consider the following fitness regime for a single locus trait
with two co-dominant alleles: w11 =...
asked 3 hours ago -
A large cable company reports the following.
80% of its customers subscribe to its cable TV...
asked 3 hours ago -
Please answer the question in brief.
Discuss the role of ERP in organizations. Are ERP tools...
asked 3 hours ago -
Discuss the pros and cons of collaborative software such
as SameTime. Does it increase productivity? What...
asked 3 hours ago