The marketing manager of the ABC Commercial Company has approached you, the quality manager, to discuss the bottle-filling operation for one of the company’s top-selling product lines. The bottle-filling process is designed to dispense of 48 ounces of liquid; however, there is variation in the filling process. Based on historical data, it has been determined that the filling operation can be modeled using a normal distribution with a mean of 48.25 ounces and a standard deviation of 0.75 ounces. A contract with your top customer (125,000 units/year) states that a $2.50 penalty will be assessed for any units that contain less than 47.75 ounces. Based on the current operation, and the information provided, what penalty can you expect to incur over the course of a year?

Robert owns a life insurance policy that he purchased when he first graduated college. it has a $100,000 death benefit and robert pays premiums for it every month out of his checking account. the insurance robert has is most likely da. permanent life insurance o b. term life insurance o c. group life insurance o d. individual life insurance

Of the following combinations of financial instruments, which depicts the correct ranking of high to low risk (moving from left to right)? commercial paper; preferred stock; bankers' acceptances state & local government bonds; u.s. treasury bonds; aaa-rated corporate bonds common stock; leases; u.s. treasury notes preferred stock; common stock; u.s. treasury bills

Consider the market for gas-powered small cars. assume gas-powered small cars are a normal good. for each of the following events, identify which of the determinants of demand or supply are affected. if demand is unaffected by this event because it creates only a supply change, select the “none” option under the “demand determinant” column. similarly, if supply is unaffected by this event because it creates only a demand change, select the “none” option under the “supply determinant” column. event demand determinant supply determinant people decide to have more children. the price of electric small cars falls. the discovery of a new source of iron ore lowers steel prices. an economic recession lowers people’s wealth. a number of major car dealers decide to switch from selling gas-powered cars to selling electric cars. show the effect of the following event on the market for gas-powered small cars: people decide to have more children for each of the four independent situations, prepare the journal entries to record the exchange on the books of each company.