Problem related to the-izbar precision casters inc

Assignment Help Basic Statistics
Reference no: EM131656869

Question: Izbar Precision Casters, Inc. Izbar Precision Casters, Inc., manufactures a variety of structural steel products for the construction trade. Currently, there is a strong demand for its I-beam product produced at a mill outside Memphis. Beams at this facility are shipped throughout the Midwest and mid-South, and demand for the product is high due to the strong economy in the regions served by the plant. Angie Schneider, the mill's manager, wants to ensure that the plant's operations are in control, and she has selected several characteristics to monitor. Specifically, she collects data on the number of weekly accidents at the plant, the number of orders shipped on time, and the thickness of the steel I-beams produced. For the number of reported accidents, Angie selected 30 days at random from the company's safety records. Angie and all the plant employees are very concerned about workplace safety, and management, labor, and government officials have worked together to help create a safe work environment. As a part of the safety program, the company requires employees to report every accident regardless of how minor it may be. In fact, most accidents are very minor, but Izbar still records them and works to prevent them from recurring. Because of Izbar's strong reporting requirement, Angie was able to get a count of the number of reported accidents for each of the 30 sampled days. These data are shown in Table 2.

936_24.png

To monitor the percentage of on-time shipments, Angie randomly selected 50 records from the firm's shipping and billing system every day for 20 different days over the past six months. These records contain the actual and promised shipping dates for each order. Angie used a spreadsheet to determine the number of shipments that were made after the promised shipment dates. The number of late shipments from the 50 sampled records was then reported. These data are shown in Table 3. Finally, to monitor the thickness of the I-beam produced at the plant, Angie randomly selected six I-beams every day for 30 days and had each sampled beam measured. The thickness of each beam, in inches, was recorded. All of the data collected

788_25.png

by Angie are contained in the file Izbar. She wants to use the information she has collected to construct and analyze the appropriate control charts for the plant's production processes. She intends to present this information at the next manager's meeting on Monday morning. Required Tasks:

a. Use the data that Angie has collected to develop and analyze the appropriate control charts for this process. Be sure to label each control chart carefully and also to identify the type of control chart used.

b. Do the processes analyzed appear to be in control? Why or why not? What would you suggest that Angie do?

c. Does Angie need to continue to monitor her processes on a regular basis? How should she do this? Also, are there other variables that might be of interest to her in monitoring the plant's performance? If so, what do you think they might be?

Reference no: EM131656869

Questions Cloud

Find the population and the use of reserpine : "Researcher wanted to know whether there is an association between use of certain drug (Reserpine) and breast cancer. Their target population was 2 million.
Classify common weaknesses and attacks associated : Research and classify common weaknesses and attacks associated with e- commerce and social networking applications.
Speed of stores but by a factor : Suppose you are designing a processor targeting programs that spend 20% of their execution time in loading data from memory and 10% of their time
Something that an organization should consider : What are your impressions? Would this be something that an organization should consider? What are its technical limitations?
Problem related to the-izbar precision casters inc : Izbar Precision Casters, Inc. Izbar Precision Casters, Inc., manufactures a variety of structural steel products for the construction trade.
Define the project scope : You are planning on giving more visibility to your customers in terms of where their parcels are. Define the project scope
Carrying the same sequence number : Occasionally, two segments might arrive carrying the same sequence number, resulting a duplicate segment? List two reasons why this could happen.
Calculate the tax liability using the tax rate table : An example of how to calculate the tax liability using the tax rate table and the tax rate formula for a taxpayer with taxable income of $55,000.
Experience of streaming movies on the internet : How does your calculated result over a copper wire compare to your own experience of streaming movies on the Internet? What is your conclusion?

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