is I need it! A company currently using an inspection process in its material receiving department is trying to install an overall cost reduction program. One possible reduction is the elimination of one inspection position. This position tests material that has a defective content on the average of 0.02. By inspecting all items, the inspector is able to remove all defects. The inspector can inspect 53 units per hour. The hourly rate including fringe benefits f
58) plz help with this I need it!
A company currently using an inspection process in its material receiving department is trying to install an overall cost reduction program. One possible reduction is the elimination of one inspection position. This position tests material that has a defective content on the average of 0.02. By inspecting all items, the inspector is able to remove all defects. The inspector can inspect 53 units per hour.
The hourly rate including
c. Is there benefit (or loss) from the current inspection process? How much? Note: Input all amounts as positive values. Round your answers to 2 decimal places.
Step by step
Solved in 3 steps
