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Crawford Pharmaceuticals has developed a new drug, Vaxidene, which is administered in the form of a pill. The target amount for a single dose is 100 mg. Patients can receive as little as 98.5mg or as much as 102mg without experiencing ill effects. Because of liability issues, Crawford has determined that it is imperative that the patient receives as close to the target dose as possible. At present, the process mean is 100mg and the standard deviation is 0.4mg
a. What is the process capability index for Vaxidene? Is the acceptable? Explain.
b. What standard deviation is necessary for a process capability index value of 2?
A part used to repair machines has a normally distributed monthly demand with a mean of 65.0 and a standard deviation of 5.2. If lead-time is so predictable that it can be considered a constant 0.25 month and service level is 90 per cent: Illustra..
Design a model with methods also procedures for analyzing diversity also elucidate how you would implement results in a cultural diversity training program. Illustrate what risk of stock out would result from a decision not to have any safety stock..
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Compute raw material price also usage (quantity) variance also direct labour quantity variance for Milton Industries' key product. Illustrate what is maximum number of application per hour which can be handled by present configuration of process.
What is the probability the next circuit board that is kicked to the waste bin will occur in 3 minutes or more, 6 minutes or more, or 12 minutes or more?
Explain how much of a leading edge do you think that organisations utilizing these tools also techniques in an integrated manner might gain from the point of view of corporate performance.
Examine how a fast-food restaurant could measure its quality effectiveness using each of the subsequent definitions of quality: product-depend, user-depend, value-depend also manufacturing-depend.
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