Estimate the actual machine capacity

Assignment Help Business Management
Reference no: EM133152048

As part of an R&D project, it is required to produce 60 circuit boards using a specific piece of equipment. According to the equipment specification, its design capacity is 0.4 boards per hour. However, past experience indicates that significantly more time will be required. In particular, the following frequency data were collected over a 1-week period when the machine was working on other jobs.

Activity

Frequency

Machine is working on a job

67

Parts are being fed to the machine

6 

Maintenance is being performed

9 

Machine is waiting for parts

22

Estimate the actual machine capacity.

How long will it take to complete the 60 boards?

If you want the capacity estimate to be within ±5% of the true value with a 95% level of confidence, then what should the sample size be? Assume that the capacity estimate is normally distributed.

Reference no: EM133152048

Questions Cloud

How much net tax would be payable : How much net tax would be payable by the GHI Superannuation Fund which provided the following details for the current financial year
Five important behavioral attitudes : In ESSAY format Identify and Explain in detail using your own words Five(5) Important Behavioral Attitudes that are valuad by Emplyers.
How can marketers use repetition to increase the likelihood : How can marketers use repetition to increase the likelihood that consumers will learn about their brand?
Prepare amortization schedule for first three interest : Carla Vista Ltd. issued $0.90 million of 5-year, 4% bonds dated May 1, 2021, Prepare amortization schedule for first three interest
Estimate the actual machine capacity : As part of an R&D project, it is required to produce 60 circuit boards using a specific piece of equipment. According to the equipment specification, its design
Explain in detail what is a swot analysis : Explain in detail what is a SWOT Analysis? Write one paragraph explaining.
Organizational development and innovation : What do you see as the relationship between organizational development and innovation?
Consultant for the polish government : 1.If you were a consultant for the Polish government, would you advise policies that detach the country from Russian energy, despite its cost advantage?
What was the netflix primary innovation : What was the Netflix primary innovation that this company came up with that disrupted the industry?

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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