Identify the circumstances when the p-chart and c-chart might be useful
Use the c-chart and the p-chart for control questions about attributes of items such as defects and bad parts. Often these charts use 3-sigma control limits.
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The cost of goods sold for a company for the year was $1,600,000 . Merchandise inventory at the beginning of the year was $195,000 and merchandise inventory at the end of the year was $205,000 . The average number of days that the inventory was held during the year was
a. 8.0 days. b. 25.0 days. c. 39.6 days. d. 45.6 days.
On June 1,2016, Molser Company acquired a new machine by agreeing to pay five equal annual payments of $20,000, with the first payment due that day. Assuming an interest rate of 14% compounded annually, Molser should record the acquisition cost of the machine as
A) $68,662. B) $78,274. C) $87,719. D) $100,000.
______ occurs when both parties negotiate a win–win solution.
A. Accommodation bargaining B. Competitive bargaining C. Integrative bargaining D. Distributive bargaining
______ allow employees control over when, where, or how much they work.
a. Work-life balances b. Flexible work practices c. Open office plans d. Work to live plans