Estimate the process standard deviation

Assignment Help Basic Statistics
Reference no: EM131893321

Question: Tiger Tools Case Tiger Tools, a division of Drillmore Industries, was about to launch a new product. Production Manager Michelle York asked her assistant, Jim Peterson, to check the capability of the oven used in the process. Jim obtained 18 random samples of 20 pieces each. The results of those samples are shown in the following table. After he analyzed the data, he concluded that the process was not capable based on a specification width of 1.44 cm. Michelle was quite disappointed when she heard this. She had hoped that with the introduction of the new product her operation could run close to full capacity and regain some of its lost luster. The company had a freeze on capital expenditures of more than $10,000, and a replacement oven would cost many times that amount. Jim Peterson worked with the oven crew to see if perhaps different settings could produce the desired results, but they were unable to achieve any meaningful improvements. Still not ready to concede, Michelle contacted one of her former professors and explained the problem. The professor suggested obtaining another set of samples, this time using a smaller sample size and taking more samples. Michelle then conferred with Jim and they agreed that he would take 27 samples of five observations each. The results are shown in the following table. Questions Consider the following questions, and then write a brief report to Michelle summarizing your findings. Be sure to include your calculations for supporting your findings. To guide your report and expectations see the Case Study rubric in the syllabus or in the course information area.

1. How did Jim conclude that the process was not capable based on his first set of samples? (Hint: Estimate the process standard deviation, s, using )

2. Does the second set of samples show anything that the first set didn't? Explain what and why.

3. Assuming the problem can be found and corrected, what impact do you think this would have on the capability of the process? Compute the potential process capability using the second data set.

4. If small samples can reveal something that large samples might not, why not just take small samples in every situation?

Reference no: EM131893321

Questions Cloud

Difference between spot rate-short rate and forward rate : What is the difference between a spot rate, a short rate, and a forward rate?
What is the book value at the end of year three : What is the book value at the end of year 3?
Balance indicate high-low level of financial vulnerability : Does the above equity balance indicate a high or low level of financial vulnerability? Please explain.
How organism illustrates each of the characteristics of life : Focus your discussion on only 1 of the following topics: Choose a living organism, and explain how it illustrates each of the characteristics of life.
Estimate the process standard deviation : How did Jim conclude that the process was not capable based on his first set of samples? (Hint: Estimate the process standard deviation, s, using )
What is aftertax cost of debt : Reilly Inc. is trying to determine its cost of debt. what is the aftertax cost of debt?
Differences between municipal bonds and government bonds : What are the primary differences between municipal bonds and U.S. government bonds?
Identify the four basic managerial functions : Identify the four basic managerial functions. Suppose you were hired to be the manager of a local restaurant. Which managerial functions would likely be.
How do the graphs you made compare to whites data : How do the graphs you made compare to White's data? Was your sample a reasonable representation of the black-striped wallaby population?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

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