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Healthy Smiles is a company that fills toothpaste tubes. The company tested 400 of their tubes and found out that the average amount of toothpaste in each tube was 4.613 ounces and that the standard deviation was 0.0021. If the tube is filled more than 4.65 ounces or less than 4.60 ounces, it is considered a defect.
a. What is the upper specification?
b. What is the lower specification?
c. What is capability ratio of the toothpaste process?
d. Is the process capable of producing within the specification limits?
e. Suppose the mean fill was 4.625 ounces. Then what would be the capability ratio?
Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..
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