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klemol
23 days ago
12

Machines at a bottling plant are set to fill bottles to 12 ounces. The quality control officer at the plant periodically tests t

he machines to be sure that the bottles are filled to an appropriate amount. The null hypothesis of the test is that the mean is at least 12 ounces. The alternative hypothesis is that the mean is less than 12 ounces. What are the possible types of errors that could be made from this test?

Business
1 answer:
soldi70 [1.5K]23 days ago
0 0

Answer:

In response to the question:

Bottling machinery is calibrated to dispense 12 ounces into each bottle. The quality control personnel routinely checks the machines to ensure the correct volume is filled. The null hypothesis asserts that the average volume meets or exceeds 12 ounces, while the alternative hypothesis posits that it is below this level. What errors could potentially occur in this testing process?

Details are available in the attached image.

Explanation:

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A company is offering to pay a stadium for naming rights. If the administrative costs for this sponsorship are $78,000, and thes
marusya05 [1625]

Answer:

The company’s offer for the rights to name the stadium amounts to $71,760.

Explanation:

The sponsorship’s total administrative cost is $78,000, which constitutes 8% of the revenue generated from the naming rights. Hence,

= Revenue × Percentage

= $78,000 × 8%

= $6,240

To find the amount proposed for the naming rights, we subtract the revenue-related expense from the total cost:

= $78,000 - $6,240

= $71,760

6 0
25 days ago
An industrial plant needs to make 100,000 parts per month to meet demand. Each month contains 20 working days, each of which all
Katen [1605]

Answer:

Part A:

Required workers=20.833≅21

Part B:

Each worker's productivity=2.0833 parts/hour

Part C:

Multifactor productivity=0.0832 Parts/$

Explanation:

Part A:

Total parts produced =100,000

Workers required= Total parts/(Parts per hour* hours per shift*Total Shifts)

Worker\ needed=\frac{100000}{10\ Parts/hour*8\ hours/shift*60\ shifts/worker} \\Workers\ needed= 20.833

Workers required=20.833≅21

Part B:

Individual worker productivity:

Productivity\ of\ individual\ worker=\frac{100000}{100\ workers*8\ hours/shift*60\ shifts/worker} \\Productivity\ of\ individual\ worker=2.0833\ parts/hour

Part C:

Total material costs= $10*100,000=$1,000,000

Capital cost= $100,000

Total labor expenses=21\ workers*8\ hours/shift*60\ shifts/worker*\$10/hour

Total labor expenses=$100,800

Multifactor productivity=Total Parts/(Total material costs+capital costs+Total labor expenses)

Multifactor\ productivity=\frac{100000}{\$1,000,000+\$100,000+\$100,800} \\ Multifactor\ productivity=0.08324\ Parts/\$

3 0
22 days ago
When joan got transferred to a new city, she went there ahead of the rest of her family and independently shopped for and purcha
Mariulka [1631]
Joan's choice can be characterized as a "heuristic decision."
8 0
1 day ago
Ehrling, Inc., manufactures metal racks for hanging clothing in retail stores. Ehrling was approached by the CEO of Carly’s Corn
Mariulka [1631]

Answer:

additional revenue = $26,250

relevant costs:

direct materials = 350 x $82 = $28,700

direct labor = 525 x $15 = $7,875

setup hours = 1 x $5 = $5

inspection costs = 20 x $5 = $100

machining = 175 x $3 = $525

total relevant costs = $37,205

1) change in income if order is accepted:

total revenue - total relevant costs = $26,250 - $37,205 = -$10,955

the company will incur a loss of $10,955 if the order is approved.

2) if the cost of direct materials is decreased by $13 per unit = $13 x 350 = $4,550, and if direct labor can be reduced by 0.5 hours per unit = 175 hours (= 175 x $15 = $2,625) ⇒ total relevant costs will be lowered by $7,175.

It results in a $3,780 (= $10,955 - $7,175) loss if the special order is accepted.

8 0
7 days ago
Do you dislike waiting in line? supermarket chain kroger has used computer simulation and information technology to reduce the a
Mariulka [1631]

Answer:

Part a:

Show the probability density function for the waiting times at Kroger, assuming they are exponentially distributed.

Solution:

Probability density function f(x) = (1/ )*e-x/  = (1/26)*e-x/26 (result)

Part b:

Calculate the probability that a customer waits between 15 and 30 seconds.

Solution:

0.2462

Part c:

Determine the probability that a customer must wait longer than 2 minutes.

Solution:

0.0099

Explanation:

All calculations are included.

3 0
12 days ago
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