Estimate the average cycle time

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Reference no: EM132305554

1. As Nike and other manufactuers continue to expand into b2c channels what are some difference in b2c and b2b behavior that might affect nikes approach to these channels (250 words minimum)

2. How many work cycles should be timed to estimate the average cycle time to within 2 percent of the sample mean with a confidence of 98.0 percent if a pilot study yielded these times (minutes): 4.1,4.6,5.1, 4.9, 5.9, and 4.4? The standard deviation is .631 minutes per cycle. (Use the "mean time" value to 2 decimal places and other values to 3 decimal places for intermediate calculations. Round up your final answer to the next whole number.)

Number of work cycles

Reference no: EM132305554

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