A
1
2
5
6
7
8
9
C
D
Par, Inc.
Parameters
3
4
B
Operation
Cutting and Dyeing
Sewing
Finishing
Inspection and Packaging
Profit Per Bag
Production Time (Hours)
Standard
Deluxe
0.7
1
0.5
0.83333
1
0.66667
0.1
0.25
10
9.00
Time Available
Hours
630
600
708
135
A
1
2
5
C
Product A
3
4
B
D
E
M&D Chemicals
Parameters
Processing Time (hours)
Production Cost
Product B
2
$2.00
Time Available
1
$3.00
600
6
7
8
Minimum Total Production
Product A Minimum
350
125
9
10
11
Model
12
13
Product A
14 Gallons Produced
15
16 Mi
Nowlin Plastics
Parameters
Manufacturing Fixed Cost
$234,000.00
Manufacturing Variable Cost per Unit
$2.00
Outsourcing Cost per Unit
Model
Quantity
Total Cost to Produce
Total Cost to Outsource
Savings due to Outsourcing
$3.50
10,000
$254,000.00
$35,000.0
Chapter 11 Questions
1. Describe each of the three broad objectives management typically has for internal
control. With which of these objectives is the auditor primarily concerned?
2. Certain principles dictate the proper design and use of documents and
Chapter 6
Data Mining
1
Introduction
The increase in the use of data-mining techniques in business has
been caused largely by three events.
The explosion in the amount of data being produced and
electronically tracked
The ability to electronically ware
Graduation Rate
Mean
Standard Error
Median
Mode
Standard Deviation
Sample Variance
Kurtosis
Skewness
Range
Minimum
Maximum
Sum
Count
% of Classes Under 20
83.041666667 Mean
1.2423376263 Standard Error
83.5 Median
92 Mode
8.6071675558 Standard Deviation
74
Book Subject
Business Calculus
Finite Mathematics
General Statistics
Mathematical Statistics
Business Statistics
Finance
Financial Accounting
Managerial Accounting
English Literature
German
Type of Book
New
Revision
New
New
Revision
New
New
Revision
New
N
Alumni giving
1. Use methods of descriptive statistics to summarize the data.
According to the data from alumni giving the average graduation rate is 83 with an error of 1.24
the mode is 92. At classes under 20 the average is 55.7291 with an error of 1.90
CHAPTER 19 BALANCED SCORECARD: QUALITY, TIME, AND THE THEORY OF CONSTRAINTS 19-1 Quality costs (including the opportunity cost of lost sales because of poor quality) can be as much as 10% to 20% of sales revenues of many organizations. Quality-improvement