If a process has a process capability index value (C p) of less than 1, it means that: a. the observed variation is the same as the design specification width. b. a significant percentage of output will not conform to the design specifications. c. the process is very capable of meeting the upper specification limit. d. both the lower and upper specification limits are met.

In 2017, "a public university was awarded a federal reimbursement grant" of $18 million to carry out research. of this, $12 million was intended to cover direct costs and $6 million to cover overhead. in a particular year, the university incurred $4 million in allowable direct costs and received $3.4 million from the federal government. it expected to incur the remaining costs and collect the remaining balance in 2018. for 2017 it should recognize revenues from the grant of