Which of the following statements accurately describes the relationship between average product (AP) and marginal product (MP) of labor? A. AP rises when MP is above it and falls when MP is below it.
B. MP intersects AP at the maximum of MP.
C. AP and MP are always parallel to each other.
D. AP and MP are either both rising or both falling at all levels of labor.
E. AP is always rising when MP is falling and vice versa.

Q3. loral corporation manufactures parts for an aircraft company. it uses a computerized numerical controlled (cnc) machining center to produce a specific part that has a design (nominal) target of 1.275 inches with tolerances of ± 0.020 inch. the cnc process that manufactures these parts has a mean of 1.285 inches and a standard deviation of 0.005 inch. compute the process capability ratio and process capability index, and comment on the overall capability of the process to meet the design specifications.