Calculate the average outgoing quality and plot it

Assignment Help Operation Management
Reference no: EM131866259

A medical supplies company buys its supplies in bulk and redistributes them to doctor's offices and clinics.

They receive latex gloves in lots of 5,000 boxes from the vendor. They are considering a sampling plan of n = 200 and c = 2.

1. Develop an OC curve for this sampling plan. (Use Poisson Tables with P_d = 0 to 6% in increments of .5%)

2. Determine the producer's risk if the AQL is 0.7%.

3. Determine the consumer's risk if the LTPD is 4.5%.

4. Calculate the Average Outgoing Quality and plot it. What is the value of the Average Outgoing Quality Limit?

Reference no: EM131866259

Questions Cloud

Maximize total surplus from park in springfield : How large should the park be to maximize total (consumer) surplus from the park in Springfield?
How is the role of internal audit changing : How is the role of internal audit changing within the organisation and List two responsibility of an audit committee
The risk free and the market risk premium : The risk free (RF) rate is 6 percent and the market risk premium (RM-RF) is also 6 percent. What is the stocks' beta?
What is variance inflation factor : What is variance inflation factor? please give me a simple example to explain it clearly.
Calculate the average outgoing quality and plot it : A medical supplies company buys its supplies in bulk and redistributes them to doctor's offices and clinics.
Explain how you would promote diversity in the workplace : Diversity is common in today's workplace. Address diversity issues by answering the following questions.
What is the market conversion value of the bond : What is the market conversion value of the bond? What is the conversion premium?
Formulate the lp problem : 1) Formulate the LP problem. Must show work. 2) Provide the graphical solution to this problem following the procedure discussed in class. Must show work.
Shares of stock will be issued to complete this acquisition : How many new shares of stock will be issued to complete this acquisition?

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and 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