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Design specifications require that a key dimension on a product measure 101 ± 16 units. A process being considered for producing this product has a standard deviation of five units.
a. What can you say (quantitatively) regarding the process capability? Assume that the process is centered with respect to specifications. (Round your answer to 4 decimal places.)
Process capability index
b. Suppose the process average shifts to 96. Calculate the new process capability. (Round your answer to 4 decimal places.)
New process capability index
c. What is the probability of defective output after the process shift? (Use Excel's NORM.S.DIST() function to find the correct probability. Round "z" values to 2 decimal places. Round probabilities to 4 decimal places (0.####).)
Probability of defective output
Use an organization where you work or one in which you are familiar. Examine the process of strategic management. Write a 700- to 1,050-word paper in which you address the following: Identify the major components of the strategic management process. ..
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