Individual Exercise 3 (10 points) 1. A shoe manufacturer’s data show that the distribution of shoe size is normal with a mean of 11inches and SD 1.5 inches. * A manger of the company claims that 70% of the times shoe size will be between 8 and 12 inches. What do you think? In your deliverables‚ write a few lines about what you think of the manager’s claim and what would you advise him to do. (1 point) * How would you modify the manager’s claim if the distribution of shoe size was not
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Design for Telecommunications Network Week 2 Terri Adams Sergio Chamberlain Simon Ponder Peggy Tiefenthaler University of Phoenix NTC410 - Network & Telecommunications Concepts II Team C Robert Chow April 24‚ 2006 Company Background and Network Design Request Locations: Corporate Headquarters: Los Angeles Design Centers: Los Angeles‚ New York‚ Frankfurt‚ Tokyo‚ Rio de Janeiro Sales Offices London‚ Chicago‚ Miami Type of Business: Development of audio and video special
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CAC ASSIGNMENT Milan Dave A-14 Submitted to: Prof. Parag Soni KAIZEN COSTING: DEFINITION: * Kaizen Costing is the process of continuously reducing the costs that occur after a product design has been completed and is now in production. * Here‚ the costs can be reduced by working with the suppliers to reduce the costs in their processes; by implementing less costly re-designs of the product‚ or by reducing waste costs i.e. the costs behind the wastage of time‚ raw material and the
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August 16‚ 2010 NDS 2010-19 New Developments Summary Variable interest entity analysis ASC 810‚ Consolidation‚ as amended by ASU 2009-17 Introduction A reporting entity must assess whether its involvement with another legal entity requires the reporting entity to consolidate that legal entity and / or provide disclosures in accordance with guidance for variable interest entities. This bulletin outlines a reporting entity’s step-by-step approach to the assessment of its involvement with
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Statements on Management Accounting STRATEGIC COST MANAGEMENT TITLE Implementing Target Costing CREDITS Implementing Target Costing was approved for issuance as a Statement on Management Accounting by the Management Accounting Committee (MAC) of the Institute of Management Accountants (IMA® IMA ). extends appreciation to the Society of Management Accountants of Canada (SMAC) for its collaboration in creating this SMA and to Robert A. Howell‚ Ph.D.‚ president of Howell Management
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Marginal Costing vs Absorption Costing Marginal Costing and Absorption Costing are methods which are often used to prepare profit statements‚ value inventory and assist in pricing decisions. The methods have some notable differences‚ which can be reconciled though. Absorption Costing absorbs all manufacturing/production costs into inventory valuation. These costs include direct material‚ direct labour‚ direct expenses‚variable production overheads‚ as well as fixed production overheads. On the
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Marginal Costing is ascertainment of the marginal cost which varies directly with the volume of production by differentiating between fixed costs and variable costs andfinally ascertaining its effect on profit. The basic assumptions made by marginal costing are following: - Total variable cost is directly proportion to the level of activity. However‚ variable cost per unit remains constant at all the levels of activities. - Per unit selling price remains constant at all levels of activities. -
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Business Model & Strategic Plan‚ Part II: SWOTT Analysis Will Johnson BUS/475 March 19‚ 2015 Frank Bearden Business Model & Strategic Plan‚ Part II: SWOTT Analysis Disney Swott Analysis SWOTT stands for Strengths‚ Weaknesses‚ Opportunities‚ Threats and Trends. The acronym is a widely used tool that companies use to analyze key components for strategic decisions. A SWOTT analysis gives a snapshot of an organization’s internal forces (Strength and weaknesses)‚ compared to external forces (Opportunity
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Closing Instructor Explanation: Chapter 1‚ page 9; Lecture Week 1. Points Received: 5 of 5 Comments: 3. Question : (TCO B) For a project‚ the objective is usually defined in terms of which three items? Student Answer: Scope‚ schedule‚ and cost Schedule‚ plan‚ and controls Plan‚ scope‚ and packages Scope‚ cost and controls Instructor Explanation: Chapter 1‚ page 4; Chapter 1‚ page 100; Lecture Week 1. Points Received: 5 of 5 Comments: 4. Question
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sets which deserve further analysis. 3. The Benford command is activated by benford formula. Users can select Analyze from the menu bar and choose Perform Benford Analysis to display the Benford dialog box. B. 1. These Characteristics are following: comprised of similar sized values for similar phenomena; without built-in
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