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Akimi4 [234]
3 years ago
6

Motorola used the normal distribution to determine the probability of defects and the number of defects expected in a production

process. Assume a production process produces items with a mean weight of 6 ounces.A) The process standard deviation is 0.1, and the process control is set at plus or minus 2.5 standard deviations. Units with weights less than 5.75 or greater than 6.25 ounces will be classified as defects. What is the probability of a defect (to 4 decimals)?B) In a production run of 1000 parts, how many defects would be found (to 0 decimals)?C) Through process design improvements, the process standard deviation can be reduced to 0.09. Assume the process control remains the same, with weights less than 5.75 or greater than 6.25 ounces being classified as defects. What is the probability of a defect (rounded to 4 decimals; getting the exact answer, although not necessary, will require Excel)?D) In a production run of 1000 parts, how many defects would be found (to 0 decimals)?E) What is the advantage of reducing process variation?
Business
1 answer:
dimulka [17.4K]3 years ago
4 0

Answer:

a. 0.0124

b.  12

c. 0.0054

d. 5

e. advantage of reducing process variation is that probability of defect item is decreased

Explanation:

mean = 6

SD = 0.1

a)probability of a defect = 1 - P(5.75 <X <6.25)

= 1 - P(-2.5<Z <2.5)= = 1 - 2(0.9938-0.5) = 2(1-0.9938) = 2*0.0062 = 0.0124

b)In a production run of 1000 parts,number of defects would be found = 1000*0.124 = 12.4 = 12

c)1 - P(5.75 <X <6.25) = 1- P(-0.25/0.09 <Z < 0.25/0.09) = 1- P(-2.777 <Z<2.777)= 1 - 2 (0.9973 -0.5)    

= 2 ( 1 - 0.9973) = 2*(0.0027) =0.0054

d)In a production run of 1000 parts,number of defects would be found = 1000*0.0054 = 5.4 = 5

e) advantage of reducing process variation is that probability of defect item is decreased.

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Answer:

Price increase is about 4.2%

Explanation:

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5 0
3 years ago
In a lump-sum purchase of assets, the cost must be allocated to the individual assets because:______
vlada-n [284]

In a lump-sum purchase of assets, the cost must be allocated to the individual assets because every individual asset has a different useful life and different depreciation rate. Depreciation is the methodical distribution of an asset's depreciable value over the course of its useful life.

The cost of an asset, or another quantity substituted for cost, less its residual value, is its depreciable amount. Depreciation can take many different forms, including  the accelerated and the straight-line depreciation.

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4 0
2 years ago
If firms can easily enter and exit a​ market, then A. firms will produce at minimum average cost in the short run. B. firms will
enyata [817]

Answer:

The correct answer is option C.

Explanation:

`If firms can easily enter and exit the market, then firms operating in the market will earn zero economic profit in the long run. This is because the short run is too short for firms to enter and exit so potential firms will enter and exit in the long run.  

If the existing firms will be having negative profits, the firms having loss will exit the market. This will reduce market supply. As a result, the price level will increase. This will go on until all firms will have zero economic profits.  

Similarly, if the existing firms are having positive economic profits in the long run, the other firms will enter the market. This will increase the market supply such that the price level decreases. This will go on till all the firms will be having zero economic profits.

5 0
4 years ago
------ as a performance measure is of particular significance in a ------- supply chain
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Answer:

<em><u>excess inventory,</u></em><em><u> </u></em>as a performance measure is of particular significance in a<em><u> efficient </u></em>- supply chain

6 0
3 years ago
A company issued 260 shares of $100 par value common stock for $31,000 cash. The total amount of paid-in capital in excess of pa
Lelu [443]

Answer:

The total amount of paid-in capital in excess of par is: $5,000.

Explanation:

When Common Stocks are classified as par value Stocks, any price paid in excess of the par value of the Stock is accounted for in the Share Premium account.

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Common Stocks : 260 shares × $100 = $26,000

Paid-in capital in excess of par : $31,000 - $26,000 = $5,000

5 0
3 years ago
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