Question:
Daily inspections results for the model 4116 electrical screwdriver assembly line, during the month of May, are given in the table below.
DateNumber Inspected Number Non-conforming
1-May 500 5
2-May 550 6
3-May 700 8
4-May 620 13
5-May 700 7
8-May 550 8
9-May 650 7
10-May 600 6
11-May 470 9
12-May 450 16
15-May 590 7
16-May 550 8
17-May 530 7
18-May 530 10
19-May 650 3
22-May 680 8
23-May 450 2
24-May 500 18
25-May 400 3
26-May 550 8
29-May 600 10
30-May 700 4
31-May 660 9
1-Jun 450 8
2-Jun 500 6
a) Plot a p chart for this process.
b) Assuming that out of control points are assignable, prepare the revised p chart for the following weeks in the month of June (tip: to calculate the new control limits use the closest multiple of 10 to the average number of inspection).
Please solve using excel
If $13,000 is invested in an account for 30 years. Calculate the total interest earned at the end of 30 years if the interest is: (a) 5% simple interest: $ (b) 5% compounded annually: $ (c) 5% compounded quarterly: $ (d) 5% compounded monthly: $ Round your answers to the nearest cent. Submit QuestionQuestion 3 30 points Save Answer Perform a benefit /cost (B/C) analysis between the following two direct benefit projects having the same life time of 9 years and interest = 4%% by finding the difference in BC (Le. incremental B/C) between the two projects having the following details, all calculated in PW form: Project X : benefits = $5,222, cost -$2,832 and disbenefits -$778 Project Y : benefits = $2,290, cost =$2,171 and disbenefits =$641 Write only the last number you obtain from this comparison in the answer box. Moving to another question will save this response. Question Jof $ 54. All goods in an economy are classified as agriculture (good 1) and manufacturing (good 2). These data are available for a country in the cases of autarky and of free trade. Price at Exports Imports Production Production autarky under free under free under under free trade trade autarky trade good 1 2 100 20 300 320 good 2 10 20 50 150 140 Calculate the gains from free trade, as the change to the welfare from autarky to free trade evaluated at autarky prices. Report the gains from free trade as a percentage of initial GDP (ie. total expenditures at autarky).Question 1: Use the information in the table below to answer the following questions. Production per unit of Labor Albania Romania Wheat 24 units 16 units Beef 20 units 18 units 1i-) Does either country have an absolute advantage in the production of wheat or beef? lii-) Which country specialize in wheat? In beef? Why? liii-) What are the gains from specialization for each country? liv-) What is the opportunity cost of wheat and beef in Albania? In Romania? 1 v-) Analyze comparative advantage and opportunities for trade Albania and Romania. Explain your answer.QUESTION 44 Fill in the blank(s) below. Possible options are given in the parentheses after each blank. Note that in order to get credits for this question, your answers must be completely correct. There is no partial credit so as to discourage you from simply guessing the answers. A cut in military spending and an expansion of an investment tax credit would definitely cause the (price, quantity) of loanable funds traded in the loanable funds market to (increase, decrease). QUESTION 45 Look at Figure 3.2 in Section 1.2. Suppose you know that, at a price of $4, the quantity supplied is 10 million pounds, and at a price of $7, the quantity supplied is 40 million pounds. What is the quantity supplied when price is at $5? Type your answer as a whole number. Round it if necessary. Leave out the unit of measurement: For example, if your answer is 17 million pounds, type it as 17, not 17,000,000
