Business, 24.11.2021 06:40, horsedoggal1234
There is a 2 percent error rate at a specific point in a production process. If an inspector is placed at this point, all the errors can be detected and eliminated. However, the inspector is paid $10 per hour and can inspect units in the process at the rate of 48 per hour. If no inspector is used and defects are allowed to pass this point, there is a cost of $11 per unit to correct the defect later on. Assume that the line will operate at the same rate (i. e., the current production rate) regardless of whether the inspector is hired or not.
Required:
Should the inspector be hired?
Answers: 1
Other questions on the subject: Business
Business, 22.06.2019 07:30, kennaklein2
When selecting a savings account, you should look at the following factors except annual percentage yield (apy) fees minimum balance interest thresholds taxes paid on the interest variable interest rates
Answers: 1
Business, 22.06.2019 13:10, princessgabbee8452
Paid-in-capital in excess of par represents the amount of proceeds a. from the original sale of common stock b. in excess of the par value from the original sale of common stock c. at the current market value of the common stock d. at the curent book value of the common stock
Answers: 1
Do you know the correct answer?
There is a 2 percent error rate at a specific point in a production process. If an inspector is plac...
Questions in other subjects:
Chemistry, 30.03.2021 20:10
Social Studies, 30.03.2021 20:10
Chemistry, 30.03.2021 20:10
