Wellplace Insurance Company processes insurance policy applications in batches of 25. One day, they hadfifteen batches to process and, after inspection, it was found that four batches had nonconforming policies.One batch had four nonconformances, another had eight, another had one, and another had fivenonconformance.a. What was the proportion nonconforming for each batch? Round your answers to two decimal places.The proportion nonconforming for the first batch:The proportion nonconforming for the second batch:The proportion nonconforming for the third batch:The proportion nonconforming for the fourth batch:b. What was the nonconformance per unit (NPU) in total for the fifteen batches? Round your answer to threedecimal places.Total nonconformances per unit for all batches:

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Answered: a. What was the proportion…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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