Estimate the average cycle time to within 2 percent

Assignment Help Operation Management
Reference no: EM131859154

How many work cycles should be timed to estimate the average cycle time to within 2 percent of the sample mean with a confidence of 99 percent if a pilot study yielded these times (minutes): 5.2, 5.5, 6.6, 5.4, 5.5, and 5.1?

The standard deviation is .539 minutes per cycle. (Use the "mean time" value to 2 decimal places and other values to 3 decimal places for intermediate calculations.

Round up your final answer to the next whole number.)

Reference no: EM131859154

Questions Cloud

Are annual sales increasing or decreasing : A cosmetics manufacturer's marketing department has developed a linear trend equation that can be used to predict annual sales of its popular Hand & Foot Cream.
Can the prosecution charge jamie as an accomplice to murder : Two weeks later, Bobby is beaten to death by his father. Can the prosecution charge Jamie as an accomplice to murder?
What are the major assumptions of labeling : What are the major assumptions of labeling and social reaction theory, and how do they differ significantly from other traditional theories of crime?
Is northwest entitled to copper king furniture and equipment : The Copper King Inn, Inc. had money problems. It borrowed $62,500 from two of its officers, Noonan and Patterson, but that did not suffice to keep the inn.
Estimate the average cycle time to within 2 percent : Estimate the average cycle time to within 2 percent of the sample mean with a confidence of 99 percent if a pilot study yielded these times.
Relationship between external events or international : If so, what lesson might learn about the relationship between external events or international movements and domestic terrorism here in the US?
Describe initiatives that the supplier can use to recoup : Describe initiatives that the supplier can use to recoup some value when they have to follow these customer requirements.
When interviewing and conducting a follow-up investigation : When interviewing and conducting a follow-up investigation, what types of databases are available to the investigator?
Problem based on biomedical computer applications : Problem based on Biomedical Computer Applications. Create a VI to calculate the equation below and try it with these numbers. a = -4, b = 8, j=6, k=-5 Out = __.

Reviews

Write a Review

Operation Management Questions & Answers

  Implement enterprise resource planning systems

Many companies implement enterprise resource planning (ERP) systems but are disappointed by the results when they do not realize the return on investment (ROI) that was projected for the system. Do some research and post an example of either a succes..

  Why can race and color never be used as a bfoq

Why can race and color never be used as a BFOQ?

  What leadership traits were apparent and missing

What is the situation and who are the leader(s) and follower(s)? What leadership traits were apparent/missing?

  Leader of an increasingly androgynous workforce

Manning suggests that while women tend to be hypercritical of themselves, men are often more confident of their abilities than they ought to be in leadership roles. Briefly do you agree or disagree (Why or Why not)? Then, address how you, as a leader..

  Director of the organization lead volunteers and employees

Discuss how a nonprofit’smission statement may help the board and the executive director of the organization lead the volunteers and employees.

  Analyze the five determinants of an investor''s decisions

Analyze the five determinants of an investor's decisions and discuss which single determinant you believe is most important in the financial

  What percent of time is shredding actually being done

On average, what percent of time is shredding actually being done (answer in %)?

  What role did lehman''s executives play in the company

What role did Lehman's executives play in the company's collapse. Were they being responsible and ethical? discuss

  Briefly analyze issue with theories found in your textbook

Briefly analyze the issue with theories found in your textbook or other academic materials. Decide which ideas, models, and theories seem useful.

  General content and process theories of motivation

Discuss the concept of motivation and how it relates to organizational behavior. Discuss the similarities and differences between the general content and process theories of motivation.

  Using process flow analysis

Using process flow analysis, Describe the similarities and differences between an intermittent operation and a repetitive operation process and indicate how each would be selected for use by a business. Provide one or more examples of each.

  Calculate the start and finish times for each activity

calculate the start and finish times for each activity and determine the minimum number of weeks for completing the project. Find the critical set of activities for the project.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd