Explain what is the cost associated, Operation Management

Assignment Help:

Your company, ABC Company, uses 100% inspection for all materials and requires zero defect quality of all its vendors. If bad parts are found, it cost $1.00 per part to inspect the entire lot. A decision then must be made to accept or reject the lot.

Suppose vendor XYZ sends a lot of materials with 5% defective parts to ABC Company although it is required to send "zero defects". ABC inspects the lot and decides to use the materials. However, accepting the bad lot of material causes problems which costs ABC

Company $60 per bad part to correct.

If the lot size is 10,000 pieces then

What is the cost associated with 100% inspection of the lot? =

What is the cost associated with not inspection of the lot? =

PROBLEM 2

If average fraction defect produced in a process is 0.03 and standard deviation of defect is 0.001 then find the upper control limit and lower control limit of the p-chart for process control (see page 315 13th ed for details).

UCL of p = p + 3 x (std. dev). =

LCL of p = p - 3x ( std. dev) =

PROBLEM 3

A lathe machine which has a natural variation due to vibration given by std. dev (sigma) = 0.0001". This machine has been chosen to machine a straight pin of 1.000" diameter (nominal design) with a tolerance of +/- 0 .0001".

45 samples are tested and the grand mean ( x double bar) is determined to be 1.000" . The subgroup size for the test samples is 3. (A2 comes from the table on page 320 for subgroups of 3). R bar for the range is given as .005. Use the formulas on page 320 and 325 to calculate the items below.

Specification limits are the nominal design plus the tolerance (upper specification limit) and the nominal minus the tolerance (lower specification limit)

Determine:

• 1. Upper specification limit =

• 2. Lower specification limit =

• 3. Upper Control Limit (UCL) for X bar =

• 4, Lower Control Limit (LCL) for X bar =

• 5. Process Capability CP= (USL-LSL)/6 (sigma) =


Related Discussions:- Explain what is the cost associated

Describe collection of finite nonempty sets, 1.52. Let S1, S2, . . . , Sk b...

1.52. Let S1, S2, . . . , Sk be a collection of finite, nonempty sets. This collection has an SDR if and only if for every t %u2208 {1, . . . , k}, the union of any t of these sets

Explain a new airline offering a first class cabin, Which of the following ...

Which of the following is the best example of a core capability? A new airline offering a First Class cabin A car manufacturer with the most flexible production line A fur

Discuss the main sources of errors in person perception, Question 1: (a...

Question 1: (a) Define personality? (b) (i) Outline the six Occupational Personality Types of Holland's Theory of Personality-Job-Fit. (ii) Explain the relationships amon

Process capability index - measure of inherent capability, Process Capabili...

Process Capability Index - Measure of the Inherent Capability This index provides a measure of the inherent capability of a process by simply relating the 6σ spread of the pro

Explain is the value of the educational programming, Is the value of the ed...

Is the value of the educational programming provided to hospitals and schools worth the price of the commercial messages that accompany it?

Explain technical proficiency has never been enough, Evaluate the following...

Evaluate the following statement: Technical proficiency has never been enough for professionals to grow beyond the staff level. Do you agree or disagree, and why? In your own words

#, what do you understand by "line balancing"? what happens if balance dose...

what do you understand by "line balancing"? what happens if balance dosen''t exist?

Explain why is forecasting important in organizations, Why is forecasting i...

Why is forecasting important in organizations, especially as related to understanding the relevant time horizon to develop a forecast against? What are some examples from industry?

Explain main reasons businesses safe guard the environment, What are the ma...

What are the main reasons businesses don't conserve natural resources or safe guard the environment?

Explain what constitutes operations, What constitutes "operations" at (a) a...

What constitutes "operations" at (a) a bank, (b) a retail store, (c) a hospital, (d) a cable TV company

Write Your Message!

Captcha
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