Compute the capability index for the process

Assignment Help Operation Management
Reference no: EM132701542

A process that produces computer chips has a mean of .04 defective chip and a standard deviation of .003 chip. The allowable variation is from .038 to .042 defective.

a. Compute the capability index (Cp) for the process. (Round your intermediate calculations to 3 decimal places and final answer to 2 decimal places.)

Capability index ______

b. Is the process capable?

No
Yes

Reference no: EM132701542

Questions Cloud

Forecast the number of desks to be sold in september : The following gives the number of oak desks sold during each of the last four months by a furniture store.
Explain the future direction of integrated health systems : How can nurses and physicians use this system to improve care for clients? Future direction of integrated health systems. Provide details of at least 3.
Which failing to made a required adjusting : Which Failing to made a required adjusting? Overstated liabilities and expenses entry related to unearned revenue will cause a company to report
Estimate the firm new beta and the WACC : ABC Ltd, a construction company, earned $5 million in after-tax operating income. Estimate the firm new beta and the WACC during this stable-growth stage.
Compute the capability index for the process : A process that produces computer chips has a mean of .04 defective chip and a standard deviation of .003 chip. The allowable variation is from .038 to .042 defe
What is insider trading : What is insider trading? Why is it unethical? If you owned a company and knew that it was about to report increased earnings and thus drive its stock price up
Reliability of the bank loan processing system : A bank loan processing system has three components with individual reliabilities as shown: R123 = 0.90 à R = 0.89 à R = 0.95
Find the expected market risk premium : Use the CAPM to find the expected market risk premium and the expected rate of return on the market. (Round your answers to 2 decimal places.)
What are the types of qualitative studies : The three types of qualitative research are phenomenological, grounded theory, and ethnographic research. Compare the differences and similarities between.

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