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The weight of nominal 1-kg containers of a concentrated chemical ingrediant are shown below data.
Part
0. 9475 0.9775 0.9965 1.0075 1.0180 0. 9705 0.9860 0.9975 1.0100 1.0200 0.9770 0.9960 1.0050 1.0175 1.0250
A. Suppose there is a lower specification at 0.985 kg. Caculate an appropriate process capabiity ratio for this material.
B. What percentage of the packages produced by the process is estimated to be below the specification limit?
Office Supreme, Inc., a local retailer of office supplies, faces demand for one of its inventory items at a constant rate of 240,000 units per year. It costs Office Supreme $38 to
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