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An automatic lathe produces rollers for roller bearings, and the process is monitored by statistical process control charts. The central line of the chart for the sample means is set at 8.30 and for the mean range at 0.27 mm. The process is in control, as established by samples of size 5. The upper and lower specifications for the diameter of the rollers are (8.30 + 0.25) and (8.30 - 0.25) mm, respectively.
a. Calculate the control limits for the mean and range charts UCLr= LCLr= UCLx= LCLx=
If the standard deviations of the process distribution is estimated to be (.13), is the process capable of meeting specifications? Assume four-sigma quality.
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It’s 3:30pm on Wednesday, and you are the night loading Product Available Supervisor at PBC’s Denver Production and Distribution Center. You have just arrived at work, and are ready to start a hand off discussion with the first shift supervisor. What..
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Calculate the intrinsic value (current price) of a stock which just paid a dividend of $2. The dividends are expected to grow at 6% and the required return is 13%
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