A Person Who Commutes to Work Is Choosing Between Two

question 17

Essay

A person who commutes to work is choosing between two different routes. He tries the first route 11 times and the second route 12 times and records the time of each trip. The results (in minutes)are shown below. Use a significance level of 0.01 to test the claim that the times for both routes have the same distribution. $$\begin{array} { c c c | c c c } & { \text { Route 1 } } &&& { \text { Route } } 2 \\\hline 35 & 42 & 4 & 41 & 46 & 38 \\33 & 48 & 40 & 49 & 53 & 36 \\39 & 50 & 46 & 51 & 57 & 53 \\& 36 & 40 & 45 & 50 & 55\end{array}$$

Understand the not-invented-here syndrome and its impact on organizational behavior and knowledge valuation.

Understand the concept of utility functions and how they are used to make decisions.

Analyze how different allocations of resources can satisfy fairness and efficiency criteria.

Understand the impact of cost of living differences on financial support decisions.

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Definitions:

Manufacturing Overhead

All manufacturing costs that are not directly related to the production of goods, such as the cost of maintenance, heat, and light of the production facility.

Plantwide Predetermined Rate

A single overhead rate calculated by dividing total estimated manufacturing overhead costs by the total estimated amount of the allocation base, applied throughout an entire plant or facility.

Machine-Hours

The total number of hours that machinery is in operation, used as a basis for allocating manufacturing overhead costs in a production environment.

Predetermined Overhead Rate

An estimated rate used to assign manufacturing overhead costs to individual units of production, based on a chosen activity base.