The results of inspection of samples of a product taken over the past 8 days are given below. Sample size for each day has been 120.
Day1
2
3
4
5
6
7
8
Defectives6
4
7
4
3
7
9
8
Determine the 97%upper and lower control limits for the p-chart.
What will be an ideal response?
LCL = 0.006827
UCL = 0.093173
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Acme Global used to require budget officers to get three signatures on each budget form. When Michael took over the Accounting Department, he changed the form so that only one signature was needed. This is an example of ______.
A. job simplification B. job rotation C. job enlargement D. job enrichment
Ratios provide little information unless the analyst places them in a context. After calculating the ratios, the analyst must compare them with some standard. Which of the following is/are possible standard(s)?
a. The planned ratio for the period. b. The corresponding ratio during the preceding period for the same firm. c. The corresponding ratio for a similar firm in the same industry. d. The average ratio for other firms in the same industry. e. All of the above are possible standards.
____________ include lack of communication, incompatible personalities, and collisions in value systems.
a. Antecedent of conflict b. Discern conflict c. Manifest conflict d. Outcomes of conflict
State the reasons for the increase in mergers and the criteria for determining the legality of mergers
What will be an ideal response?