The following are quality control data for a manufacturing process at Kensport Chemical Company. The data show the temperature in degrees centigrade at five points in time during a manufacturing cycle.
| Sample |
x |
R |
|---|---|---|
| 1 | 95.72 | 1.0 |
| 2 | 95.24 | 0.9 |
| 3 | 95.18 | 0.7 |
| 4 | 95.42 | 0.4 |
| 5 | 95.46 | 0.5 |
| 6 | 95.32 | 1.1 |
| 7 | 95.40 | 0.9 |
| 8 | 95.44 | 0.3 |
| 9 | 95.08 | 0.2 |
| 10 | 95.50 | 0.6 |
| 11 | 95.80 | 0.6 |
| 12 | 95.22 | 0.2 |
| 13 | 95.60 | 1.3 |
| 14 | 95.22 | 0.4 |
| 15 | 95.04 | 0.8 |
| 16 | 95.72 | 1.1 |
| 17 | 94.82 | 0.6 |
| 18 | 95.46 | 0.5 |
| 19 | 95.60 | 0.4 |
| 20 | 95.74 | 0.6 |
The company is interested in using control charts to monitor the temperature of its manufacturing process. Compute the upper and lower control limits for the R chart. (Round your answers to three decimal places.)
UCL=
LCL=
Construct the R chart.
UCL=
LCL=
Construct the x chart.
Construct the
x
chart.
What conclusions can be made about the quality of the process?
The R chart indicates that the process variability is ---Select--- in control out of control . ---Select--- No samples fall One sample falls Two samples fall More than two samples fall outside the R chart control limits. The x chart indicates that the process mean is ---Select--- in control out of control . ---Select--- No samples fall One sample falls Two samples fall More than two samples fall outside the x chart control limits.
In: Statistics and Probability
You have just turned 25 years old and decide to start saving for your retirement. You plan to save $5,000 at the end of each year (so the first deposit will be one year from now), and will make the last deposit when you retire when you turn 65 (that is, 40 deposits in total. Suppose your pension fund earns 8% per year on your retirement savings.
a) How much will you have saved for retirement by the time you have turned 65? [Hint: It helps to draw a time line! One way to solve this is to calculate the present value of the total savings first and then proceed to calculate the future value of the total savings at the age of 65 ]
b) Suppose that you will live till the age of 90 (that is, 25 withdrawals in total and the first one happens just after you turn 66). How much can you spend annually during your retirement? Assume the funds you have not yet spent continue to earn 8\% annually. [By the way, (only) if you did not answer Part a, then assume you saved \$1,000,0 as total saving at the end of 65)
In: Economics
You have been provided the following information on BMS Inc, an all-equity financed manufacturer of building materials.
Next year’s estimated net income is:
Select one:
a. 70 million
b. 100 million
c. 44 million
d. 140 million
e. 40 million
Question 34
Next year’s estimated net capital expenditure is:
Select one:
a. 60 million
b. 80 million
c. 88 million
d. 14 million
e. 20 million
Question 35
Next year’s estimated Change in Working Capital is:
Select one:
a. 150 million
b. 12 million
c. 30 million
d. 21 million
e. 171 million
Question 36
Next year’s estimated Free Cash Flow to Equity (FCFE) is:
Select one:
a. 38 million
b. 59 million
c. 9 million
d. 56 million
e. 65 million
DUV Co. is a beverage company. The firm recently reported Earnings per Share (EPS) of €2.23. The firm has a current (trailing) P/E ratio of 14.3. The median P/E ratio for the beverage industry is 20.1. Using the above information, estimate the intrinsic (fundamental) value of DUV Co. based on a P/E relative valuation framework (two decimals, no rounding).
Select one:
a. 44.82
b. 2.23
c. 22.69
d. 31.89
e. 12.91
In: Finance
In python I want to create a singular function that takes two parameters 'head; and 'skip'.
Head is a linked list. Skip is a non negative value. If skip is zero it should return the linked list unchanged. The skip amount determines the amount to skip over. I want to change the linked list accordingly and then return the linked list with the modifications, not a list.
If you have a linked list 11 -> 12 -> 18 -> 20 -> 24 -> 32 -> 38 -> 44
and skip =2, then the linked list you return should be the following:
18 -> 32
If skip = 1, then the linked list you return should be the following:
12 -> 20 -> 32 -> 44
In: Computer Science
Which of the following statements is (are) correct?
(x) If a pharmaceutical company discovers a new drug and successfully patents it, patent law gives the firm sole ownership of the right to sell the drug for a limited number of years.
(y) In general, the price rises and the quantity sold of a drug fall when its patent runs out.
(z) Due to the nature of the patent laws on pharmaceuticals, the market for such drugs switches from monopolistic to competitive once the firm's patent runs out.
A. (x), (y) and (z) B. (x) and (y) only
C. (x) and (z) only D. (y) and (z) only
E. (x) only
Which of the following statements is (are) correct?
(x) A profit-maximizing perfect competitor will produce the level of output at which price is equal to marginal cost, but the typical profit-maximizing monopolist will not.
(y) Selling a good at a price where the demand curve intersects the marginal cost curve is consistent with the socially optimal level of output and a competitive market, but, it is not consistent with a market that consists of a profit-maximizing monopolist.
(z) Monopoly pricing causes a deadweight loss because a monopoly produces an inefficiently low output.
A. (x), (y) and (z)
B. (x) and (y) only
C. (x) and (z) only
D. (y) and (z) only
E. (y) only
Which of the following statements is correct?
A. If the monopolist is earning a positive economic profit, it must be producing where price is greater than average variable cost.
B. If the monopolist's marginal revenue is greater than its marginal cost, the monopolist can increase profit by selling fewer units at a higher price per unit.
C. When a monopolist produces where price equals the minimum of average total cost, it earns a positive economic profit.
D. If the monopolist is earning a positive economic profit, it must be producing where MR = MC.
E. If the monopolist's marginal revenue is greater than its marginal cost, the monopolist can increase profit by selling more units at a lower price per unit.
In: Economics
Calculate Payroll
2. Breakin Away Company has three employees-a consultant, a computer programmer, and an administrator. The following payroll information is available for each employee:
| Consultant | Computer Programmer | Administrator | ||||
| Regular earnings rate | $2,810 per week | $32 per hour | $40 per hour | |||
| Overtime earnings rate | Not applicable | 1.5 times hourly rate | 2 times hourly rate | |||
| Number of withholding allowances | 3 | 2 | 1 | |||
For the current pay period, the computer programmer worked 60 hours and the administrator worked 50 hours. The federal income tax withheld for all three employees, who are single, can be determined by adding $356.90 to 28% of the difference between the employee's amount subject to withholding and $1,796.00. Assume further that the social security tax rate was 6%, the Medicare tax rate was 1.5%, and one withholding allowance is $70.
Determine the gross pay and the net pay for each of the three employees for the current pay period. Assume the normal working hours in a week are 40 hours. If required, round your answers to two decimal places.
| Consultant | Computer Programmer | Administrator | |
| Gross pay | $ | $ | $ |
| Net pay | $ | $ | $ |
In: Accounting
Calculate Payroll
Breakin Away Company has three employees-a consultant, a computer programmer, and an administrator. The following payroll information is available for each employee:
| Consultant | Computer Programmer | Administrator | ||||
| Regular earnings rate | $3,010 per week | $28 per hour | $40 per hour | |||
| Overtime earnings rate | Not applicable | 1.5 times hourly rate | 2 times hourly rate | |||
| Number of withholding allowances | 3 | 2 | 1 | |||
For the current pay period, the computer programmer worked 60 hours and the administrator worked 50 hours. The federal income tax withheld for all three employees, who are single, can be determined by adding $356.90 to 28% of the difference between the employee's amount subject to withholding and $1,796.00. Assume further that the social security tax rate was 6%, the Medicare tax rate was 1.5%, and one withholding allowance is $70.
Determine the gross pay and the net pay for each of the three employees for the current pay period. Assume the normal working hours in a week are 40 hours. If required, round your answers to two decimal places.
| Consultant | Computer Programmer | Administrator | |
| Gross pay | $ | $ | $ |
| Net pay | $ | $ | $ |
In: Accounting
Calculate Payroll
Breakin Away Company has three employees-a consultant, a computer programmer, and an administrator. The following payroll information is available for each employee:
| Consultant | Computer Programmer | Administrator | ||||
| Regular earnings rate | $2,810 per week | $32 per hour | $40 per hour | |||
| Overtime earnings rate | Not applicable | 1.5 times hourly rate | 2 times hourly rate | |||
| Number of withholding allowances | 3 | 2 | 1 | |||
For the current pay period, the computer programmer worked 60 hours and the administrator worked 50 hours. The federal income tax withheld for all three employees, who are single, can be determined by adding $356.90 to 28% of the difference between the employee's amount subject to withholding and $1,796.00. Assume further that the social security tax rate was 6%, the Medicare tax rate was 1.5%, and one withholding allowance is $70.
Determine the gross pay and the net pay for each of the three employees for the current pay period. Assume the normal working hours in a week are 40 hours. If required, round your answers to two decimal places.
| Consultant | Computer Programmer | Administrator | |
| Gross pay | $ | $ | $ |
| Net pay | $ | $ | $ |
In: Accounting
Calculate Payroll
Breakin Away Company has three employees-a consultant, a computer programmer, and an administrator. The following payroll information is available for each employee:
| Consultant | Computer Programmer | Administrator | ||||
| Regular earnings rate | $2,410 per week | $36 per hour | $40 per hour | |||
| Overtime earnings rate | Not applicable | 1.5 times hourly rate | 2 times hourly rate | |||
| Number of withholding allowances | 3 | 2 | 1 | |||
For the current pay period, the computer programmer worked 60 hours and the administrator worked 50 hours. The federal income tax withheld for all three employees, who are single, can be determined by adding $356.90 to 28% of the difference between the employee's amount subject to withholding and $1,796.00. Assume further that the social security tax rate was 6%, the Medicare tax rate was 1.5%, and one withholding allowance is $70.
Determine the gross pay and the net pay for each of the three employees for the current pay period. Assume the normal working hours in a week are 40 hours. If required, round your answers to two decimal places.
| Consultant | Computer Programmer | Administrator | |
| Gross pay | $ | $ | $ |
| Net pay | $ | $ | $ |
In: Accounting
Calculate Payroll
2. Breakin Away Company has three employees-a consultant, a computer programmer, and an administrator. The following payroll information is available for each employee:
| Consultant | Computer Programmer | Administrator | ||||
| Regular earnings rate | $2,810 per week | $32 per hour | $40 per hour | |||
| Overtime earnings rate | Not applicable | 1.5 times hourly rate | 2 times hourly rate | |||
| Number of withholding allowances | 3 | 2 | 1 | |||
For the current pay period, the computer programmer worked 60 hours and the administrator worked 50 hours. The federal income tax withheld for all three employees, who are single, can be determined by adding $356.90 to 28% of the difference between the employee's amount subject to withholding and $1,796.00. Assume further that the social security tax rate was 6%, the Medicare tax rate was 1.5%, and one withholding allowance is $70.
Determine the gross pay and the net pay for each of the three employees for the current pay period. Assume the normal working hours in a week are 40 hours. If required, round your answers to two decimal places.
| Consultant | Computer Programmer | Administrator | |
| Gross pay | $ | $ | $ |
| Net pay | $ | $ | $ |
In: Finance