The Next Questions Are Based on the Following Information

question 152

Essay

The Next Questions Are Based On The Following Information:
Research and development has designed a ball point pen so that the true average writing lifetime under controlled conditions (involving the use of a writing machine)is at least 12 hours.A random sample of 18 pens is selected,the writing lifetime of each is determined,and a normal probability plot of the resulting data supports the use of a one-sample t test.
-What conclusion is appropriate for the hypotheses H₀ : μ = 12 against H₁ : μ < 12,and the test statistic t = -2,and α = .01?

Compute the percentage of non-value-added activities.

Apply lean manufacturing principles and identify its features.

Journalize transactions involving materials purchases, conversion costs applications, transfers to finished goods, and sales including associated cost of goods sold.

Calculate and compare activity costs before and after process improvements.

---

Definitions:

Global Network

A worldwide interconnected infrastructure, enabling businesses to transact, communicate, and collaborate across borders.

Demand

The amount of a particular product or service that consumers are willing and able to purchase at a given price.

Interventricular Septum

The wall of tissue that separates the right and left ventricles of the heart.

Mitral Valve

A valve in the heart located between the left atrium and left ventricle that allows blood to flow in one direction from the atrium to the ventricle.