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 121

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:

Ending Inventory

Ending inventory is the total value of goods available for sale at the end of an accounting period, calculated by adding new purchases to beginning inventory and subtracting cost of goods sold.

Periodic LIFO

An inventory valuation method where the last items placed in inventory are the first ones counted as sold, calculated at the end of an accounting period.

Cost of Goods Sold

Represents the direct costs attributable to the production of the goods sold by a company.

Ending Inventory

Ending inventory is the total value of all products, raw materials, and finished goods that are not sold at the end of an accounting period.