User Account

All Pages

What are the mean and median assembly times

Assignment Help Financial Management
Reference no: EM132379101

Question

A company that manufactures small lathes is interested in establishing standards for employees. A random sample of 18 employees is selected in order to develop the standards. The data collected is below.

(a) What are the mean and median assembly times for the 18 employees?

(b) A manager at the firm feels that assembly time is related to intelligence. She feels that employees who did well in high school (as measured by high school averages) should be able to do the job faster. Does the data support her hunch?

High school average Time to assemble lathe (minutes)

50 52

62 53

65 62

68 70

71 76

73 78

75 80

79 80

80 85

82 86

83 90

85 94

88 100

90 102

92 111

94 120

97 135

100 162

Reference no: EM132379101

Questions Cloud

Emerging Threats Assignment Problem - Security Policies : Emerging Threats assignment help and solutions - What security policies will need to be built into your company's overall existing security program to ensure.
Challenges in attracting and retaining a workforce : You will write an essay on the key challenges in attracting and retaining a workforce in your selected sector - develop an argument applying that literature
Prepare the income statement and statement of stockholder : Prepare journal entries to adjust the following accounts: insurance expense, supplies expense, depreciation expense-trucks, depreciation expense-equipment.
Explaining what the appeal would be for us companies : Write a short paper (2-4 paragraphs) explaining what the appeal would be for US companies to outsource IT functions to these countries. You may discuss cost.
What are the mean and median assembly times : A manager at the firm feels that assembly time is related to intelligence. She feels that employees who did well in high school.
Should we be making a change to fair values for all assests : Is there such a standard? Does it apply to our company or only to the public listed ones? Should we be making a change to fair values for all our assets?
Describing data center security with clean sketch : Write a brief abstract(100 to 150 words) describing Data Center Security with clean sketch and, write a paper on Data Center Security about 600-750 word.
Breakdown of a organelle structure : What would be a good way to remember the breakdown of a organelle structure?
Prepare kingbirds 2017 journal entries using the percentage : At December 31, 2017, the estimated additional costs to complete the project total $3,440,640. Prepare Kingbird's 2017 journal entries using the percentage-of

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd