What would be the benefit (or loss) from establishing the inspection process
69) please help with this
Output from a process contains 0.02 defective unit. Defective units that go undetected into final assemblies cost $25 each to replace.
An inspection process, which would detect and remove all defectives, can be established to test these units. However, the inspector, who can test 22 units per hour, is paid $10 per hour, including
b. What would be the benefit (or loss) from establishing the inspection process? Note: Input the amount as a positive value. Round your answer to 2 decimal places.
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