The desired cycle time in a production process is computed by ______.

A. the difference between daily production time available and number of units to be produced daily
B. the sum of daily production time available and number of units to be produced daily
C. the ratio of daily production time available to number of units to be produced daily
D. the product of daily production time available to number of units to be produced daily


C. the ratio of daily production time available to number of units to be produced daily

Business

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Phelps Company manufactures custom-designed filtering equipment for swimming pools and tanks. In May 2014, the company had sales of $895,000 and incurred the following costs of quality: Product design costs $ 8,600 Product recall costs 5,200 Product simulation costs 13,500 Product testing costs 3,500 Product warranty claims 2,000 Scrap and rework costs 3,000 The ratio of the costs of conformance

to total costs of quality was A) 0.04 to 1 B) 0.28 to 1 C) 0.72 to 1 D) 1 to 1

Business

Farmers Bank offers to lend you $50,000 at a nominal rate of 5.0%, simple interest, with interest paid quarterly. Merchants Bank offers to lend you the $50,000, but it will charge 6.8%, simple interest, with interest paid at the end of the year. What's the difference in the effective annual rates charged by the two banks?

A. 2.07% B. 2.00% C. 1.73% D. 1.71% E. 2.12%

Business

In supremacy clause cases, legislative intent of Congress is examined

Indicate whether the statement is true or false

Business

Knowledge can be best described as

A) facts, measurements, and statistics. B) an organized collection or set of facts. C) facts, measurements, and statistics that are validated. D) organized facts set in context and actionable.

Business