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Specifications for a part for a DVD player state that the part should weigh between 24.5 and 25.5 ounces. The process that produces the parts has a mean of 25.0 ounces and a standard deviation of .25 ounce. The distribution of output is normal. Use Table-A.
a. What percentage of parts will not meet the weight specs? (Round your "z" value and final answer to 2 decimal places. Omit the "%" sign in your response.) Percentage of parts %
b. Within what values will 99.74 percent of sample means of this process fall, if samples of n = 8 are taken and the process is in control (random)? (Round your answers to 2 decimal places.) Lower value _____ Upper value _____.
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Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.
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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.
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