Thomas signed a sales contract with Bricklay's, a firm that supplies bricks for private individuals. The contract specified the type and amount of bricks needed, and that Thomas would pick up the bricks from the Bricklay's warehouse 15 days later
Thomas received a document of title, but failed to pick up the goods on the stipulated date. In this scenario, at what point of time is the title to goods passed over to Thomas?
A) when the sales contract is signed by both Thomas and Bricklay's
B) when Thomas receives the document of title
C) when Thomas picks up the bricks from the Bricklay's warehouse
D) when the stipulated date of pick-up of the bricks expires
B
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Which of the following is typically correlated with developing economies?
A) large elderly population B) few natural resources C) lack of cultural history D) poor education systems
A soft drink filling machine is set up to fill bottles with 12 ounces of soft drink. The standard deviation s is known to be 0.4 ounces. The quality control department periodically selects samples of 16 bottles and measures their contents. Assume the distribution of filling volumes is normal
a. Determine the upper and lower control limits and explain what they indicate. b. The means of six samples were 11.8, 12.2, 11.9, 11.9, 12.1, and 11.8 ounces. Construct an X bar chart and indicate whether or not the process is in control.