The upper and lower control limits of the proportions of defectives of a process are 0.33 and 0.27
a. What has been the proportion of defectives in this process?
b. What has been the sample size?
a. p= 0.30
b. n = 2100
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Inventory cost increases at an accelerating rate as the customer-service level approaches 100 percent
Indicate whether the statement is true or false
Cost information for short-run decision making focuses on
a. what happened. b. what is happening. c. what will happen. d. why it happened.
Feelings are neither right nor wrong, but behavior is.
Answer the following statement true (T) or false (F)
Conrad, an accountant, who performed tax services for Glenn, a small business owner, earned a $5,000 fee over a three-month period. Conrad then assigned this fee to her bank to apply toward a loan. Based on this information, which of the following statements is correct?
a. Legally, Conrad's claim is not assignable. b. Only claims other than money are assignable. c. Conrad's right to the $5,000 fee is assignable because it involves a claim for money. d. Conrad's right to collect $5,000 is not assignable without the bank's permission.