While non-random variation could be affecting the process

Assignment Help Operation Management
Reference no: EM13745073

Suppose analysis of a random sample results in an "in control" determination. Which of the following statements is most appropriate?

A. While non-random variation could be affecting the process, we have insufficient evidence to conclude so

B. We are 99.7% certain that the process is free of non random variation.

C. There is only a 0.03 chance that the process is no longer capable

D. This process rate of defective output is within acceptable limits.

E. None of the above statement is appropriate.

Reference no: EM13745073

Questions Cloud

What is offshoring : You will research and find an example of a firm that is going through the transformational change of offshoring much of its production activities.
Plan to manufacture engine blocks for classic cars : The managers of PonchoParts, Inc. plan to manufacture engine blocks for classic cars from the 1960s era. They expect to sell 250 blocks annually for the next five years. The necessary foundry and machining equipment will cost a total of $800,000 and ..
Fixed manufacturing costs are written off as current expense : Fixed manufacturing costs are written off as current expenses of the period in which they occurred when using -------- costing. When inventory costing system is NOT acceptable for financial reporting purposes? Which of the following would Not be rele..
A segment of a business probably should be discontinued : A segment of a business probably should be discontinued if; On an income statement prepared with direct costing approach, the excess of sales over the cost of goods sold, based on variable costs only, is referred to as the:
While non-random variation could be affecting the process : Suppose analysis of a random sample results in an "in control" determination. Which of the following statements is most appropriate
Contribution margin is calculated by deducting : Which of the following is not consideration when determining whether to continue making a part or to buy that part. Contribution margin is calculated by deducting:
Present value-pv of multiple cash flows : Present value: Tommie Harris is considering an investment that pays 6.5 percent annually. How much must he invest today such that he will have $25,000 in seven years? (Round to the nearest dollar.)
About the limitations of financial condition analysis : Which of the following statements about the limitations of financial condition analysis is(are) most correct? Comparison with industry averages is difficult if the organization operates in several different lines of business. Seasonal factors can dis..
Define a unit of output is considered not defective : A unit of output is considered not defective if it's A) at least 130 cm long; but B)no more than 160 cm long. if the standard deviation of this process is 5.1 cm, under any circumstances this process would be considered

Reviews

Write a Review

Operation Management Questions & Answers

  You''ve taken a position with a consulting company

You've taken a position with a consulting company. You are trying to act like you are worth what the company pays you and maybe even what they bill the client for your work.

  What is the utilization

if a plant was designed to produce 20,000 hammers per day but is limited to making 6,000 hammers per ay because of the time needed to change equipmnt between styles of hammers, what is the utilization.

  If we drew a random sample of federal employees from this

In early years of twenty-first century, annual salaries for federal employees in Upper Midwest averaged approximately $42,000, with a population standard deviation.

  Illustrate what do you think is most important reason

Illustrate what do you think is MOST important reason, explain why supply chain management is important to Regal and firms like it. Explain why.

  Illustrate what are any three dimensions of quality

Illustrate what are any 3 dimensions of quality and which one accurately describes explain how you access education.

  Infectious diseases are caused by pathogenic

1) Infectious diseases are caused by pathogenic microorganisms, such as bacteria, viruses, parasites or fungi; the diseases can be spread, directly or indirectly, from one person to another. Describe how Chicken pox and Measles different and ho..

  Illustrate the difference between mission and vision

1. what is the difference between mission and vision statements? what factors must be considered to produce an

  Identify the problems from at least two mncs

From the e-Activity, identify the problems from at least two MNCs and provide your recommendations to the MNCs' management on how to control similar problems in the future.

  What are the perceived benefits and costs

The economic price for the customer is indicated in the exhibit. However, the price must match the costs for the customer. What are the perceived benefits and costs? How can the business improve the perceived value of its product?

  Find probability of processing the bills within 4 hours

A bank has recently taken over the billing function of a company. An agreement stipulates that the bank should process 99.2% of the bills within 4 hours.

  Discuss what you think will happen to supply demand

Discuss what you think will happen to supply, demand also price of the product in the long-term. Explain why you think supply, demand, or equilibrium price will be different, if at all, in the short-term also the long-term. "

  The market opportunity and competitive environment sections

Articulated several aspects of your planned new venture. Compile all of your writing and research, and put it into a business plan wireframe. The framework should include the following sections

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