1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
blondinia [14]
3 years ago
5

The Money Pit Mortgage Company is interested in monitoring the performance of the mortgage process. Fifteen samples of five comp

leted mortgage transactions each were taken during a period when the process was believed to be in control. The times to complete the transactions were measured. The means and ranges of the mortgage process transaction​ times, measured in​ days, are as​ follows:
sample 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
mean 13 11 5 14 9 10 12 13 10 11 14 6 8 6 9
range 9 13 6 10 11 17 14 17 12 12 13 8 11 13 15
​Subsequently, samples of size 5 were taken from the process every week for the next 10 weeks. The times were measured and the following results​ obtained:
Sample 16 17 18 19 20 21 22 23 24 25
mean 9 11 6 12 14 15 10 19 17 15
range 9 13 8 6 14 15 13 12 10 8
Factors for calculating​ three-sigma limits for the
x overbarx​-chart and​ R-chart
Size of Sample​ (n)
Factor for UCL and LCL for
x overbarx​-chart
​(Upper A 2A2​)
Factor for LCL for​ R-Chart
​(Upper D 3D3​)
Factor for UCL for​ R-Chart
​(Upper D 4D4​)
2 1.8801.880 00 3.2673.267
3 1.0231.023 00 2.5752.575
4 0.7290.729 00 2.2822.282
5 0.5770.577 00 2.1152.115
6 0.4830.483 00 2.0042.004
7 0.4190.419 0.0760.076 1.9241.924
8 0.3730.373 0.1360.136 1.8641.864
9 0.3370.337 0.1840.184 1.8161.816
10 0.3080.308 0.2230.223 1.7771.777
Construct the control charts for the mean and the​ range, using the original 15 samples.
Set up the​ R-chart by specifying the center line and​three-sigma control limits below. ​(Enter your responses rounded to two decimal​ places.)

Business
1 answer:
djverab [1.8K]3 years ago
5 0

Answer and Explanation:

As per the data given in the question,

Sum of the all mean value = 151

Average of the mean value = 151 ÷ 15 = 10.067

Similarly, Sum of the all given range = 151

Average of given range value = 151÷ 15 = 10.067

Control charts for the mean and the range, using the original 15 samples :

Upper control limit(UCL) - Lower control limit(LCL) for X bar is

= 10.067 + A2 × R bar

= 10.067 + (0.223 × 10.067)

= 12.31

LCL - UCL for X bar  is

= 10.067 - A2 × R bar

= 10.067 -(0.223 × 10.067)

= 7.82

Set up the R-chart by specifying the center line and three-sigma control limits below :

UCLr = D4 × r      

= 1.653 × 10.07  

= 16.65    

r = 10.067

= 10.07

LCLr = D3 × r  

= 0.347 ×10.07

= 3.49

You might be interested in
When the brazilian real changes from 1000 real per u. s. dollar to 1500 real per u. s. dollar, the real is?
Brrunno [24]

When the Brazilian Real changes from 1000 real per U. S. dollar to 1500 Real per U. S. dollar, the real is devalued.

If the Brazilian Real appreciates relative to the U.S.​ dollar, the number of reals furnished increases because the lower fee​ (in real) for U.S. goods induces Brazilians to shop for extra U.S. products.

If an international location's actual trade price is growing, its method of its of goods has become extra costly relative to its competitors. Growth within the actual alternate charge means humans in a country can get more foreign goods for an equal quantity of domestic goods.

While the dollar appreciates, exports lower because they may be now more pricey for foreigners to shop for and imports growth inflicting internet exports to decrease. When the dollar appreciates, exports lower because they're now greater high-priced for foreigners to shop for and imports grow to inflict net exports to decrease.

Learn more about trade here brainly.com/question/17727564

#SPJ4

4 0
2 years ago
The Phoenix Corporation's fiscal year ends on December 31. Phoenix determines inventory quantity by a physical count of inventor
lutik1710 [3]

Answer:

1. Merchandise held on consignment for Trout Creek Clothing.

  • Excluded from the company's year-end inventory because they belong to another company.

2. Goods shipped f.o.b. destination on December 28 that arrived at the customer's location on January 4.

  • Included in the company's year-end inventory because FOB destination shipments transfer ownership only after they are delivered, not while on transit.

3. Goods purchased from a vendor shipped f.o.b. shipping point on December 26 that arrived on January 3.

  • Included in the company's year-end inventory because FOB shipping point shipments transfer ownership after they leave the seller's facilities.

4. Goods shipped f.o.b. shipping point on December 28 that arrived at the customer's location on January 5.

  • Excluded from the company's year-end inventory because FOB shipping point shipments transfer ownership after they leave the seller's facilities, so they belong to the buyer now.

5. Phoenix had merchandise on consignment at Lisa's Markets, Inc.

  • Included in the company's year-end inventory because merchandise on consignment belong to the company, not to Lisa' Market.

6. Goods purchased from a vendor shipped f.o.b. destination on December 27 that arrived on January 3.

  • Excluded from the company's year-end inventory because FOB destination shipments transfer ownership only after they have been delivered, not while in transit.

7. Freight charges on goods purchased in 3.

  • Included in the company's year-end inventory because freight costs under FOB shipping point are paid by the buyer.

3 0
3 years ago
Communication with the public and employees should be overseen by the director of PR. The duties of the crisis team should be di
Veseljchak [2.6K]

Answer: The third option (option C) is the right answer.

Explanation:

The paragraph which has the best coherence is option C. This is because in the case of the third option, it explains that the flow of ideas is constant from one sentence to another.

The first sentence serves as an introduction which talked about the reasons why duties should be divided based on each member’s expertise. The sentences moved smoothly and also logically from one sentence to another sentence. An example is the sentence that “if your company does not have a public relations executive…..”. This should logically proceed the sentence that says that communication ought to be overseen by the director of PR.

This shows that the third option possesses a consistent and logical train of thought as well.

3 0
3 years ago
Edward is a member of the Knights of Columbus, a religious group dedicated to voluntary service to the benefit of society. He al
Ksenya-84 [330]

Answer:

fraternal benefit society

Explanation:

The fraternal benefit society is an organization in which the people generally  share the ethics, religious views, etc. Also this society provides the insurance to their members

Since in the question it is mentioned that the Edward who is a member of Knight of Columbus i.e. a religious group dedicated a voluntary service in order to give the benefit to society

So the knights of columbus is a fraternal benefit society

4 0
3 years ago
Standard rate per direct labor-hour $ 2 Standard direct labor-hours for each unit produced 3 Units manufactured 1,000 Actual dir
Nastasia [14]

Answer:

Variable overhead efficiency variance= $600 unfavorable

Explanation:

Giving the following information:

Standard rate per direct labor-hour $2

Standard direct labor-hours for each unit produced 3

Units manufactured 1,000

Actual direct labor-hours worked during the month 3,300

<u>To calculate the variable overhead efficiency variance, we need to use the following formula:</u>

<u></u>

Variable overhead efficiency variance= (Standard Quantity - Actual Quantity)*Standard rate

Variable overhead efficiency variance= (1,000*3 - 3,300)*2

Variable overhead efficiency variance= $600 unfavorable

5 0
3 years ago
Other questions:
  • Suppose the chicago cubs could rent out wrigley field (the field the players play on) to local youth leagues for $11,000 per mon
    10·2 answers
  • Noa was paid a 25 percent commission for selling a used car. Percents Total 100% If she was paid $1,631.24, what was the selling
    6·2 answers
  • One form of online vandalism is __________, in which individuals interfere with or disrupt systems to protest the operations, po
    8·1 answer
  • 15Question(1 point) 1st attempt What will happen in a market where a nonbinding price floor is removed? Choose one:
    8·1 answer
  • Becoming more efficient and minimizing start-up costs are ways to
    10·1 answer
  • Pam runs a shoeshine stand at the airport. Pam has no skills, no job expereince, and no alternative employment. Entrepreneurs in
    14·1 answer
  • X Y and Z are partners sharing profit in the ratio of 2 by 3 ratio 1 by 4 ratio 1 by 12 calculate the new ratio if x retires ​
    8·1 answer
  • QUESTION (2)<br>What is supply chain Management (Explain in details )?​
    9·1 answer
  • How to calculate direct labor
    13·1 answer
  • Productivity in the service sector is difficult to measure because new technology adds to:
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!