The executives at the ABC Bank want to improve the process to approve small business loan. Six samples of eight observations each have been taken. For each sample, the average processing time (in hours) and the range (in hours) are as follows: Sample Mean Range
1 15 1.4
2 12.1 3.6
3 9.9 0.4
4 11.2 1.6
5 12.5 2.6
6 13.5 2.4

Required:
a. Use the data above to setup the appropriate initial upper and lower control limits for the X-bar and R charts.
b. You have been using the charts from part (a) to monitor this process. One day, you took a sample of twelve new loan applications and you get an average processing time of 13.9 hours with a range of 5.2 hours. Based on the data from this new sample, is the process in control? Briefly justify.

Calculate riverside’s financial ratios for 2014. assume that riverside had $1,000,000 in lease payments and $1,400,000 in debt principal repayments in 2014. (hint: use the book discussion to identify the applicable ratios.)

Which activity is not allowed in a 3 compartment sink

Arguments made against free trade include all of the following exceptdumping is an unfair trade practice that puts domestic producers of substitute goods at a disadvantage that they should be protected against. national defense considerations justify producing certain goods domestically whether the country has a comparative advantage in their production or not. free trade is inflationary and should be restricted in the domestic interest. if foreign governments subsidize their exports, foreign firms that export are given an unfair advantage that domestic producers should be protected against. infant industries should be protected from free trade so that they may have time to develop and compete on an even basis with older, more established foreign industries.