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Q. Specifications for a part for a DVD player states that the part should weigh between 24 also 25 ounces. The process that produces the parts yields a mean of 24.5 ounces also a standard deviation of .2 ounces. The distribution of output is normal.
• Illustrate what percentage of parts will not meet the weight specifications?
• Within Illustrate what values will 95.44 percent pf sample means of the process fall, if samples of n=16 are taken also the process is in control (random)?
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Each time they order it cost the company 150 dollars. Using the price break table below please decide illustrate what the optimal number to order would be for this company.
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Ben would like to use an inventory system which minimizes inventory cost also will satisfy 95 percent of his customers who order this wine. Illustrate what is economic order quantity for Ben to order.
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