Which of the processes shows more variation

Assignment Help Applied Statistics

Reference no: EM133791192 , Length: word count:200

Assignment Details:

operations and production managers often use the normal distribution as a probability model to forecast demand in order to determine inventory levels, manage the supply chain, control production and service processes, and perform quality assurance checks on products and services. The information gained from such statistical analyses help managers optimize resource allocation and reduce process time, which in turn often improves profit margins and customer satisfaction.

Question 1: Examine the chart below. Process A standard deviation is .9, Process B standard deviation is 1.4, and the mean of both processes is 12. Contribute to our discussion by posting a response to the questions below.

Question 2: Do either of the processes fit a normal distribution? Why or why not?

Question 3: Which of the processes shows more variation? What does this mean practically?

Question 4: If the product specification quality limits were 12 +/- 3, which of the processes more often meets specification? Explain why.

Question 5: If the product specification quality limits were changed to 12 +/- 6, is quality loosening or tightening? Which process would benefit the most from this change?

Question 6: Are there processes at your place of employment that you believe follow a normal distribution? If so, describe one. Why do you believe it is normal?

Assignment Details:

Word Count: 150 words Main post and One reply to classmate in 50 words
Requirements:

Citation Style:APA
References: Minimum of 2-3 scholarly sources]

Reference no: EM133791192

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