Use the Given Process Data to Construct a Control Chart $$\begin{array} { l l l l l l l l l l l l l l l l l l l l } 4 & 4 & 5 & 5 & 5 & 5 & 5 & 6 & 6 & 6 & 6 & 12 & 6 & 6 & 6 & 7 & 6 & 7 & 8 & 7\end{array}$$

question 2

Multiple Choice

Use the given process data to construct a control chart for p. A drugstore considers a wait of more than 5 minutes to be a defect. Each week 100 customers are randomly selected and timed at the checkout line. The numbers of defects for 20 consecutive weeks are given below. $$\begin{array} { l l l l l l l l l l l l l l l l l l l l } 4 & 4 & 5 & 5 & 5 & 5 & 5 & 6 & 6 & 6 & 6 & 12 & 6 & 6 & 6 & 7 & 6 & 7 & 8 & 7\end{array}$$ What is the value of the upper control limit?

• A) 1
• B) 0.0783
• C) 0.0622
• D) 6.2

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Definitions:

Perpetual Inventory Method

A system of inventory management where adjustments to inventory records are made on a continuous basis as sales and purchases happen.

Merchandise Inventory

The goods a company holds for the purpose of resale to customers.

Inventory Expense

Cost associated with goods being sold during a period, which includes the cost of purchasing and preparing items for sale.

Statement of Owner's Equity

The Statement of Owner's Equity shows changes in the equity of a business over a period, including contributions, withdrawals, and earnings.