Question

In: Accounting

Consider the setting up of a p-chart with reference to the production of railway car side...

  1. Consider the setting up of a p-chart with reference to the production of railway car side frames. Suppose that these frames are in continuous production in a foundry and that a random sample of 50 frames is taken from each day’s output and inspected. The results of 28 days of past operations are as follows:

Date                Number Rejected                               Date                            Number Rejected

Oct 1               4                                                          Oct 19                         4

Oct 2               9                                                          Oct 22                         3

Oct 3               10                                                        Oct 23                         11

Oct 4               11                                                        Oct 24                         8

Oct 5               13                                                        Oct 25                         14

Oct 8               30                                                        Oct 26                         21

Oct 9               26                                                        Oct 29                         25

Oct 10             13                                                        Oct 30                         18

Oct 11             8                                                          Oct 31                         10

Oct 12             23                                                        Nov 1                          8

Oct 15             34                                                        Nov 2                          18

Oct 16             25                                                        Nov 5                          19

Oct 17             18                                                        Nov 6                          4

Oct 18             12                                                        Nov 7                          8

Set up a control chart for controlling the fraction defective of railway car side frames. The control chart with its central line and upper and lower control limits should be shown, together with the past results plotted as fraction defective. State whether the process is in control or not? Discard out of control limit data points (assuming assignable causes have been found and corrected) and set up the modified control chart.                          

Solutions

Expert Solution

We will use following steps

Step One first calclulate p for every observation by following formula

p = no. of defective / no of observation = 4/50 for octobr 1 = 0.08 that is 8% similarly calculate for all observation

we will use Excel for doing this

Step 2

add all number of rejcted pieces in 28 days and devide by total number of samples to arrive at P bar

​ = total number of defect / total number of observation = 407/1400= 0.29

Now Upper control limit = =

0.29 + 3 * = 0.29 + 0.06421 = 0.3549

Similarly

LCL = 0.226496

Following is the table for the calculation

p =
1 4 50 0.08
2 9 50 0.18
3 10 50 0.2
4 11 50 0.22
5 13 50 0.26
6 30 50 0.6
7 26 50 0.52
8 13 50 0.26
9 8 50 0.16
10 23 50 0.46
11 34 50 0.68
12 25 50 0.5
13 18 50 0.36
14 12 50 0.24
15 4 50 0.08
16 3 50 0.06
17 11 50 0.22
18 8 50 0.16
19 14 50 0.28
20 21 50 0.42
21 25 50 0.5
22 18 50 0.36
23 10 50 0.2
24 8 50 0.16
25 18 50 0.36
26 19 50 0.38
27 4 50 0.08
28 8 50 0.16
407 1400 0.290714
0.709286
0.206199
0.004124
0.064218
0.354933
0.226496


Related Solutions

Inter State Moving and Storage Company is setting up a control chart to monitor the proportion...
Inter State Moving and Storage Company is setting up a control chart to monitor the proportion of residential moves that result in written complaints due to late delivery, lost items, or damaged items. A sample of 60 moves is selected for each of the last 12 months. The number of written complaints in each sample is 8, 9, 3, 6, 1, 5, 10, 7, 7, 8, 8, and 10. 1. Insert the mean proportion defective, UCL, and LCL. (Round your...
Consider a small sized company that is interested in setting up a network for their business....
Consider a small sized company that is interested in setting up a network for their business. The company has a total of 350 employees: 250 employees are located on five floors of the HQ building based in Chicago, and the other 100 employees are located on two floors in a building in Seattle. The two sites are connected using a WAN link. Each employee has a desktop and an IP phone on their desk. In each office (building), there are...
Consider a ? 2 control chart for monitoring p = 6 quality characteristics. Suppose that the...
Consider a ? 2 control chart for monitoring p = 6 quality characteristics. Suppose that the subgroup size is n = 3 and there are 30 preliminary samples available to estimate the sample covariance matrix. a) Find the phase II control limits assuming that ? = 0.005
Consider a square of side p = 2.40 cm with charges of q = +7.80 μC...
Consider a square of side p = 2.40 cm with charges of q = +7.80 μC at each corner. Find the potential at the center of the square.
Consider a population proportion p = 0.37. [You may find it useful to reference the z...
Consider a population proportion p = 0.37. [You may find it useful to reference the z table.] a. Calculate the standard error for the sampling distribution of the sample proportion when n = 10 and n = 75? (Round your final answer to 4 decimal places.) b. Is the sampling distribution of the sample proportion approximately normal with n = 10 and n = 75? c. Calculate the probability that the sample proportion is between 0.35 and 0.37 for n...
Consider a population proportion p = 0.22. [You may find it useful to reference the z...
Consider a population proportion p = 0.22. [You may find it useful to reference the z table.] a. Calculate the standard error for the sampling distribution of the sample proportion when n = 18 and n = 60? (Round your final answer to 4 decimal places.) b. Is the sampling distribution of the sample proportion approximately normal with n = 18 and n = 60? c. Calculate the probability that the sample proportion is between 0.18 and 0.22 for n...
Consider a population proportion p = 0.22. [You may find it useful to reference the z...
Consider a population proportion p = 0.22. [You may find it useful to reference the z table.] a. Calculate the standard error for the sampling distribution of the sample proportion when n = 18 and n = 60? (Round your final answer to 4 decimal places.) b. Is the sampling distribution of the sample proportion approximately normal with n = 18 and n = 60? c. Calculate the probability that the sample proportion is between 0.18 and 0.22 for n...
What are regulatory requirements and other factors that accountants should consider when setting up accounting policy...
What are regulatory requirements and other factors that accountants should consider when setting up accounting policy relating to inventory for the entities they work for? (JB Hi-Fi)
Consider the np-chart for n=50, LCL=1.515, and UCL=18.485. Derive the β-risk as a function of p...
Consider the np-chart for n=50, LCL=1.515, and UCL=18.485. Derive the β-risk as a function of p and derive the approximate β-risk by the normal approximation. Draw the OC curve under p0, two negative shifts of p, and two positive shifts of p
Regulatory requirements that accountants should consider when setting up policies relating to inventory, use AASB conceptual...
Regulatory requirements that accountants should consider when setting up policies relating to inventory, use AASB conceptual framework
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT