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Samples of five dowel pins were evaluated for pin length. The average and standard deviations were calculated for each sample. After 25 consecutive samples were evaluated, a grand average, an average standard deviation, and an average range were computed to be 25.671mm, 0.130mm, and 0.78mm, respectively. (a) Determine the appropriate preliminary three sigma control limits for monitoring the mean of this production process. Show calculations. (b) Determine the appropriate preliminary three sigma control limits for monitoring the variability of this production process. (c) Assume the dowel pin lengths to be in control with regard to both central tendency and variability. The next sample results in the following pin lengths: 25.78, 25.77, 25.72, 25.77, 25.81. Do the length statistics fall within the control limits? (d) Continued from (c) above but assume that you work for an European company. Would the same conclusions regarding the pin lengths be drawn? Why do you think so?
Twelve samples, each containing 5 parts, were taken from a process that produces steel rods. The length of each rod in the samples was decided. Draw the charts and plot the values of the sample means and ranges.
On June 30, 2015, FSPC predicted first-quarter earnings of $0.25 per share. On July 13, 2015, FSPC received an e-mail from their in-house attorney related to a $2.5 million claim for personal injury of a three-year-old child who was allegedly injured..
Discuss the digital disruption that is impacting the traditional print media of newspapers and magazines. What are some of the ways publishers can respond to these changes and attract and retain advertisers?
Snyder, Wenger, and McDermott suggest that practice-based learning communities have been in existence since the dawn of man. They go on to claim that knowledge has become the key to success and that it is simply too valuable of a resource to be left ..
Describe why safety is important for a business' s operation, and focus on that particular goal outline the steps you will take in the simulation to achieve that goal, which should be measurable and quantitative.
When you ask owners to describe a typical customer, they say it is impossible also explain which with corporate functions, family affairs also fund-raisers, they do not have a typical customer. You advise, it is time for market segmentation just b..
Light co, Inc. manufactures decorative lighting fixtures sold primarily in the eastern United States. Light co wants to expand to the Midwest and Southern United States and intends to hire 10 new sales representatives to secure distribution for its p..
What will be the total shipping and transit inventory cost of the shipment? If the shipment could be delivered in only 2 days at a cost of $100, should the manager do it? How much money would be saved or lost?
A bank is planning to serve the rural communities shown in figure 10.8 with automated teller machines (ATMs). the travel time in minutes between communities in the service area is shown on the network figure 10.8.
Inventory Turnover is the traditional metric for judging the effectiveness of a supply chain. C2C (Cash-to-Cash) is quickly supplementing, and some experts say, replacing Inventory Turnover as the major supply chain metric. Why do you think that ther..
Which of the following is considered the first advertisement to show the “ powers of associated value?” Understanding advertising as “commercial poetry” frees advertisers from the need for truth in advertising according to whom?
Explain how strategic human resource management can help an organization gain a competitive advantage. Explain what the changing social contract between organizations and employees means for workers and human resource managers.
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