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Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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The Tiny Company manufactures components for word processors. Most of the work is done at the 2000-employee Tiny plant in the midwest. Your task is to estimate the mean and standard deviation of dollar-valued job performance for Assemblers (about 200 employees). You are free to make any assumptions you like about the Tiny assemblers, but be prepared to defend your assumptions. List and describe all of the factors (along with how you would measure each one) you would consider in using standard costing to estimate SDy.

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