If a sample of parts is measured and the mean of the measurements is outside the upper or lower control limits, the process is: a. in control, but not capable of producing within the established control limits. b. out of control and the process should be investigated for assignable variation. c. within the established control limits with only natural causes of variation. d. monitored closely to see if the next sample mean will also fall outside the control limits. reset selection

What are the general categories of capital budget scenarios? describe the overall decision-making context for each.

The smelting department of kiner company has the following production and cost data for november. production: beginning work in process 3,700 units that are 100% complete as to materials and 23% complete as to conversion costs; units transferred out 10,500 units; and ending work in process 8,100 units that are 100% complete as to materials and 41% complete as to conversion costs. compute the equivalent units of production for (a) materials and (b) conversion costs for the month of november. materials conversion costs total equivalent units

Which of the following is an example of a positive externality? a. promoting generic drugs would benefit people. b. a lower inflation rate would benefit most consumers. c. compulsory flu shots for all students prevents the spread of illness in the general public. d. singapore has adopted a comprehensive savings plan for all workers known as the central provident fund.