Table 5.4 the Manager of Champion Cooling Company Has Recently Implemented a Implemented

question 62

Multiple Choice

Table 5.4
The manager of Champion Cooling Company has recently implemented a statistical process control method. The accompanying table shows the recorded temperatures of five different samples of walk-in coolers that were produced in the previous month.

-Using the data in Table 5.4, what is the value of the center line for the chart that monitors performance to target?

• A) 3.9
• B) 102.0
• C) 103.2
• D) 103.7

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Definitions:

Common Dividends

Payments made to shareholders of a company's common stock, representing a portion of the company’s earnings distributed to its owners.

Net Income

The total profit of a company after all expenses and taxes have been deducted from revenue.

EVA

Economic Value Added, a measure of a company's financial performance based on the residue wealth calculated by deducting its cost of capital from its operating profit.

Investor-supplied Capital

Funds provided by investors to a company, used for business activities and growth.