The c-chart signals whether there has been a:
A) gain or loss in uniformity.
B) change in the number of defects per unit.
C) change in the central tendency of the process output.
D) change in the percent defective in a sample.
E) change in the AOQ.
B
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Kingston Corp is considering a new machine that requires an initial investment of $480,000 installed, and has a
useful life of 8 years. The expected annual after-tax cash flows for the machine are $89,000 for each of the 8 years and nothing thereafter. a. Calculate the net present value of the machine if the required rate of return is 11 percent. b. Calculate the IRR of this project. c. Should Kingston accept the project (assume that it is independent and not subject to any capital rationing constraint)? Explain your answer.
Intuition comes from "gut feelings" about the state of some phenomenon of interest
Indicate whether the statement is true or false