GG

GNIOT Group of Institutions

Answers

GG

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As the price elasticities of supply and demand increase, the deadweight loss from a tax increases.

On Jul 23, 2024


True
GG

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Ordinary repairs and maintenance costs are incurred to maintain a long-lived productive asset and are expensed as incurred.

On Jul 22, 2024


True
GG

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At common law, a minor was a person who was under the age of twenty-one years.

On Jun 23, 2024


True
GG

Answered

Which of the following would most likely occur during an assessment of the external marketing environment?

A) analyzing the specific industry
B) evaluating core competencies
C) contacting financial resources
D) establishing strategic moves

On Jun 22, 2024


A
GG

Answered

An operator trainee is attempting to monitor a filling process that has an overall average of 705 cc. The average range is 17 cc. If you use a sample size of 6, what are the upper and lower control limits for the x-bar and R chart?

On May 24, 2024


From table, A2 = 0.483, D4 = 2.004, D3 = 0
UCL xˉ\bar xxˉ = xˉ\bar xxˉ + A2Rˉ\bar RRˉ LCL xˉ\bar xxˉ = xˉ\bar xxˉ - A2Rˉ\bar RRˉ UCLR = D4Rˉ\bar RRˉ = 705 + 0.483 × 17 = 705 - 0.483 ∗ 17 = 2.004 ∗ 17
= 713.211 = 696.789 = 34.068
LCLR = D3Rˉ\bar RRˉ = 0 ∗ 17
= 0
GG

Answered

Seasonal inventory is inventory that is built up to counter predictable variability in demand.

On May 23, 2024


True