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Process Capability Indexes
A ball bearing design for wheel assemblies used in giant mining dump trucks requires the inner diameter to have a lower specification unit (LSL) of 60.24 cm and an upper specification unit (USL) of 60.38 cm. A simple random sample of 210 finished ball bearings, which were produced by an approximately normally distributed process, shows the sample average of 60.29 cm and sample standard deviation of 0.02 cm. Use 3 decimals in the following calculations. (a) Give an equation for the process capability index Cp, calculate and interpret it. (b) Give an equation for the upper one-sided index Cpu, calculate and interpret it. (c) Give an equation for the lower one-sided index Cpl, calculate and interpret it. (d) Give an equation for the process capability index Cpk, calculate and interpret it. (e) Among the above 4 indexes, which one is the most closely watched? Why?
Governance mechanisms are considered to be effective if they meet the needs of all stakeholders, including shareholders. Governance mechanisms are also an important way to ensure that strategic decisions are made effectively.
Mathematically when would the EOQ and the EPQ recommend nearli identical order sizes? How does this relate to the concepts of instantaneous and non-instantaneous relationships?
How do you appraise Filene's Basement's expansion strategy? Comment on the concept, the choice of regions for expansion, and the number of stores.
Does the systems development process have any effect on lowering the error rate of a new system and lowering the error rate increase productivity rate?
Guy's BBQ Grille in Saskatoon serves 5,000 steaks per year. The steaks are kept in a freezer. The holding cost for each steak is $1.50. The cost to place an order is $45. The lead time is 4 days and there are 250 working days per year. What is th..
Compare and contrast how a company’s organizational culture can positively – and negatively – influence the internal environment AND, as a result, discuss the positive and negative impact this culture can have on the employees. Please use examples to..
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What is a “risk” in project management speak? Does your current organization (or a previous organization) have a formal risk management process or do project managers prepare project-specific risk management plans?
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Complete the role-play until you believe you have met the goal of optimizing the outcome of the supply chain
You are an expert security software programmer who works in top secret for the national government of the country of Zulu. Late one afternoon, you come across an ominous email in which you learn that a small group of sinister government officials fro..
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