Each unit of a product requires four components. The average number of components is 4.25 due to component failure. Purchasing higher quality components can reduce the average number of components to four per unit. The cost per component is $350. Calculate the reduction in failure costs per unit due to purchasing higher quality components
A) $43.75
B) $350
C) $175
D) $87.50
E) $372
D
You might also like to view...
The vendor invoice triggers the "establish payable" process
Indicate whether the statement is true or false
The term consumer packaged goods applies to a specific variety of products whose packaging is designed to protect or contain the product during shipping, at retail locations, and at the point of use or consumption
Indicate whether the statement is true or false
The ________ is the most widely used statistic that summarizes the strength and direction of association between two metric variables
A) covariance correlation B) product moment correlation C) inverse correlation D) bivariate correlation E) F-statistic
Which of the following statements is true of manipulation?
A. Manipulation is weakened when the persons manipulated believe that they have acted of their own accord. B. Manipulation involves directing behavior without explicit consent or conscious understanding. C. When attempts to manipulate are unsuccessful, there is no ethical wrongdoing. D. Manipulation relies on appealing to the rational decision-making ability of the other person.