Create a stochastic model in Excel for a manufacturing operation. The machine is cutting rectangular cube blanks for a forming process. The stock material is uniformly 1.00 inch thick. Two cutting processes are needed. The blanks are cut to an average width of 3.40 inches, and are normally distributed with a standard deviation of 0.05 inches. The blanks are cut to an average length of 10.0 inches. The length of the blanks cut are normally distributed with a standard deviation of 0.05 inches. Create and plot a histogram with CDF. The specification for the blanks is to have volume between 33.5 and 34.7 in3. With the current process, what fraction of the blanks are meeting the specification? What changes to the process or equipment would you recommend for 99.0% of the blanks to be within the specification? Consider at least 200 but not more than 1000 parts. Be certain to document the proposed changes on a third worksheet in the workbook.

What is the cause of smoky exhaust?

The third program provides families with $50 in food stamps each week, redeemable for both perishable and nonperishable food. the fourth policy instead provides a family with a box of nonperishable foods each week, worth $50. use two graphs to illustrate that a family may be indifferent between the two programs, but will never prefer the $50 box of nonperishable foods over the $50 in food stamps. state your answer and use a consumer choice model for perishable food and nonperishable food to graphically justify your choice.

Exercise 6-2 variable costing income statement; explanation of difference in net operating income [lo6-2] ida sidha karya company is a family-owned company located on the island of bali in indonesia. the company produces a handcrafted balinese musical instrument called a gamelan that is similar to a xylophone. the gamelans are sold for $970. selected data for the company’s operations last year follow: units in beginning inventory 0 units produced 200 units sold 180 units in ending inventory 20 variable costs per unit: direct materials $ 130 direct labor $ 300 variable manufacturing overhead $ 30 variable selling and administrative $ 15 fixed costs: fixed manufacturing overhead $ 63,000 fixed selling and administrative $ 25,000 the absorption costing income statement prepared by the company’s accountant for last year appears below: sales $ 174,600 cost of goods sold 139,500 gross margin 35,100 selling and administrative expense 27,700 net operating income $ 7,400 required: 1. under absorption costing, how much fixed manufacturing overhead cost is included in the company's inventory at the end of last year? 2. prepare an income statement for last year using variable costing.