Question

In: Statistics and Probability

In one manufacturing factory, 40 of 600 products were scrapped in one of the manufacturing methods...

In one manufacturing factory, 40 of 600 products were scrapped in one of the manufacturing methods due to various defects, and 30 of 500 products were scrapped in the other. Test whether there is a difference between the two methods in terms of the scrapped product ratio, 99% confidence level.

Solutions

Expert Solution

orchestra answered 1 year ago
Next > < Previous

Related Solutions

QUESTION E The sales of a factory, manufacturing bicyles, over the last 24 months were as...
QUESTION E The sales of a factory, manufacturing bicyles, over the last 24 months were as follows: MONTH UNITS SOLD 1 1140 2 1180 3 1130 4 1180 5 1110 6 1200 7 1280 8 1340 9 1340 10 1240 11 1140 12 1230 13 1440 14 1530 15 1560 16 1350 17 1350 18 1420 19 1530 20 1530 21 1430 22 1430 23 1490 24 1570 It is obvious that the monthly sales are increasing, but it is...
Gloria Goh operates a factory that manufactures pastries and related products. One of the major raw...
Gloria Goh operates a factory that manufactures pastries and related products. One of the major raw materials used is wheat, which she buys for $5 per kilogram. The factory operates for 350 days each year. The following information has been provided: Annual usage of wheat 80 000 kilograms Average time between placing and receiving order 4 days Estimated cost of ordering and receiving inventory (per order) $2 Estimated annual cost of carrying a kilogram of maize in stock $0.20 Required:...
A company started providing a one-year warranty on one of their products. There were a total...
A company started providing a one-year warranty on one of their products. There were a total of 2,100 of these products sold during 20x5. The company estimates that the cost of warranty repairs will be as follows: Amount Probability $0 50% 40,000 15% 80,000 15% 105,000 12% 225,000 8% Total warranty costs incurred during the year amounted to $13,200 and were charged to cost of goods sold. Required – Prepare the adjusting journal entries required at December 31, 20x5.
You are on a factory visit to a plant for food products. Rushing through the factory,...
You are on a factory visit to a plant for food products. Rushing through the factory, you hear that a vapor compression cycle with refrigerant HFC-134a as the working fluid is being used. You see that they use a throttle valve as part of the system and that one part of the cycle is running at 0.32 MPa and another part of the cycle is running at 1.6 MPa. If the compressor is 80% efficient and throttle, condenser, and evaporator...
"The Northwest Manufacturing Company is currently manufacturing one of its products on a hydraulic stamping-press machine....
"The Northwest Manufacturing Company is currently manufacturing one of its products on a hydraulic stamping-press machine. The unit cost of the product is $12, and 5,000 units were produced and sold for $18 each during the past year. It is expected that both the future demand of the product and the unit price will remain steady at 5,000 units per year and $18 per unit. The old machine has a remaining useful life of 3 years. The old machine could...
juhania runs a manufacturing plant for the production of one of its products – the Fizzberry....
juhania runs a manufacturing plant for the production of one of its products – the Fizzberry. The budget expects production and sales of 8,000 units per month . Direct materials standard costs per unit; •Fizz 0.2kg at £10 per kg •Berries 4kg at £1.10 per kg The following data has been collected for April 2020:Actual materials used ;•1,440kg of Fizz at a total cost of £13,824 •24,000kg of berries at a total cost of £21,600• The output was 7,000 units...
Santiago Manufacturing prices its products at full cost plus 40 percent. The company operates two support...
Santiago Manufacturing prices its products at full cost plus 40 percent. The company operates two support departments and two producing departments.Budgeted costs and normal activity levels are as follows: Support Departments Producing Departments A B C D Overhead costs $20,000 $50,000 $90,000 $120,000 Square feet 2,000 2,400 4,000 12,000 Number of employees 20 30 60 40 Direct labor hours - - 10,000 6,400 Machine hours - - 6,000 10,800 Support Department A's costs are allocated based on square feet, and...
Manufacturing Corp. owns a five-acre parcel of land. Its factory takes up one acre of this...
Manufacturing Corp. owns a five-acre parcel of land. Its factory takes up one acre of this land, and there is a mall on the other four acres. Manufacturing Corp. rents out retail space in the mall. To get rid of a troublemaker shareholder, Manufacturing Corp. wants to put all of the land into a subsidiary, sign a long-term lease for its own factory, and then split off this subsidiary by transferring it to the troublemaker shareholder in complete redemption of...
Emerson Process Management: Accelerating on the Internet If you were selling automation products for manufacturing plants,...
Emerson Process Management: Accelerating on the Internet If you were selling automation products for manufacturing plants, the 1970s were a wonderful time—sales were booming. By 2000, however, the market had changed. Sales had slowed and purchasers were beginning to think of automation products as commodities. So many buyers were using fewer suppliers. That was the situation that the Fisher-Rosemount division of Emerson Electric faced. How could it attract the interest and attention of industrial purchasers for services that helped buyers...
Emerson Process Management: Accelerating on the Internet If you were selling automation products for manufacturing plants,...
Emerson Process Management: Accelerating on the Internet If you were selling automation products for manufacturing plants, the 1970s were a wonderful time—sales were booming. By 2000, however, the market had changed. Sales had slowed and purchasers were beginning to think of automation products as commodities. So many buyers were using fewer suppliers. That was the situation that the Fisher-Rosemount division of Emerson Electric faced. How could it attract the interest and attention of industrial purchasers for services that helped buyers...
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT