DataSpan, Inc., automated its plant at the start of the current year and installed a flexible manufacturing system. The company is also evaluating its suppliers and moving toward Lean Production. Many adjustment problems have been encountered, including problems relating to performance measurement. After much study, the company has decided to use the performance measures below, and it has gathered data relating to these measures for the first four months of operations.
|
Month |
|||||
| 1 | 2 | 3 | 4 | ||
| Throughput time (days) | ? | ? | ? | ? | |
| Delivery cycle time (days) | ? | ? | ? | ? | |
| Manufacturing cycle efficiency (MCE) | ? | ? | ? | ? | |
| Percentage of on-time deliveries | 74% | 75% | 80% | 87% | |
| Total sales (units) | 10,430 | 10,550 | 10,550 | 10,500 | |
Management has asked for your help in computing throughput time, delivery cycle time, and MCE. The following average times have been logged over the last four months:
|
Average per Month (in days) |
|||||||||
| 1 | 2 | 3 | 4 | ||||||
| Move time per unit | 0.7 | 0.6 | 0.5 | 0.8 | |||||
| Process time per unit | 0.5 | 0.7 | 0.4 | 0.8 | |||||
| Wait time per order before start of production | 9.3 | 8.0 | 5.0 | 4.0 | |||||
| Queue time per unit | 3.5 | 3.3 | 2.8 | 1.5 | |||||
| Inspection time per unit | 0.3 | 0.7 | 0.6 | 0.7 | |||||
Required:
1-a. Compute the throughput time for each month. (Round your answers to 1 decimal place.)
1-b. Compute the manufacturing cycle efficiency (MCE) for each month. (Round your answers to 1 decimal place.)
1-c. Compute the delivery cycle time for each month. (Round your answers to 1 decimal place.)
3-a. Refer to the move time, process time, and so forth, given for month 4. Assume that in month 5 the move time, process time, and so forth, are the same as in month 4, except that through the use of Lean Production the company is able to completely eliminate the queue time during production. Compute the new throughput time and MCE. (Round your answers to 1 decimal place.)
3-b. Refer to the move time, process time, and so forth, given for month 4. Assume in month 6 that the move time, process time, and so forth, are again the same as in month 4, except that the company is able to completely eliminate both the queue time during production and the inspection time. Compute the new throughput time and MCE. (Round your answers to 1 decimal place.)
In: Accounting
If x is a binomial random variable, compute P(x) for each of the following cases:
(a) P(x≤5),n=7,p=0.3
P(x)=
(b) P(x>6),n=9,p=0.2
P(x)=
(c) P(x<6),n=8,p=0.1
P(x)=
(d) P(x≥5),n=9,p=0.3
P(x)=
In: Statistics and Probability
Two events ?1 and ?2 are defined on the same probability space such that: ?(?1 ) = 0.7 , ?(?2 ) = 0.5 , and ?(?1 ??? ?2 ) = 0.3. a) Find ?(?1 ?? ?2 ). b) Find ?(?1 | ?2 ). c) Are ?1 and ?2 mutually exclusive (disjoint)? and why? d) Are ?1 and ?2 independent? and why?
In: Statistics and Probability
The frequency of carriers for a rare autosomal recessive genetic condition is 0.04 in a population. Assuming this population is in Hardy-Weinberg equilibrium, what is the allele frequency of the recessive allele?
| 0.2 | |
| 0.4 | |
| 0.64 | |
| 0.8 | |
| Not enough information is provided. |
In: Biology
This case is based on an actual situation. Centennial Construction Company, headquartered in Dallas, Texas, built a Rodeway Motel 35 miles north of Dallas. The construction foreman, whose name was Slim Chance, hired the 40 workers needed to complete the project. Slim had the construction workers fill out the necessary tax forms, and he sent their documents to the home office.Work on the motel began on April 1 and ended September 1. Each week, Slim filled out a timecard of hours worked by each employee during the week. Slim faxed the timecards to the home office, which prepared the payroll checks on Friday morning. Slim drove to the home office on Friday, picked up the payroll checks, and returned to the construction site. At 5 p.m. on Friday, Slim distributed payroll checks to the workers.Requirements1. Describe in detail the main internal control weakness in this situation. Specify what negative result(s) could occur because of the internal control weakness.
In: Accounting
1.)
a. Create a graph of the data below, then calculate the slope to find the spring constant 'k'.
b. Describe the functional relationship between all of this data (in other words, how does all of this connect?)
c. Calculate the gravitational potential energy and the spring potential energy of the 0.2, 0.4, 0.6, 0.8, and 1.0 kg masses.
d. Are there any patterns between these two types of potential energy? Why or why not?
| Mass (kg) | m * g | x |
| 0.2 | 1.96 | 0.65 |
| 0.4 | 3.92 | 1.31 |
| 0.6 | 5.88 | 1.96 |
| 0.8 | 7.84 | 2.61 |
| 1.0 | 9.81 | 3.27 |
| 1.2 | 11.77 | 3.92 |
| 1.4 | 13.72 | 4.57 |
| 1.6 | 15.68 | 5.23 |
| 1.8 | 17.64 | 5.88 |
| 2.0 | 19.62 | 6.54 |
In: Physics
The data below is the mileage (thousands of miles) and age of your cars .
Year Miles Age
2017 8.5 1
2009 100.3 9
2014 32.7 4
2004 125.0 14
2003 115.0 15
2011 85.5 7
2012 23.1 6
2012 45.0 6
2004 123.0 14
2013 51.2 5
2013 116.0 5
2009 110.0 9
2003 143.0 15
2017 12.0 1
2005 180.0 13
2008 270.0 10
Please include appropriate Minitab Results when important
a. Identify terms in the simple linear regression population model in this context.
b. Obtain a scatter diagram for the sample data. Interpret the scatter diagram.
c. Obtain a scatter diagram with the least squares regression line included. Interpret the intercept and slope in the context of this problem.
d. In theory what ought to be the value of the population model intercept? Explain.
e. What is the informal prediction for what the mileage should be on your car? What is the error in the prediction of the mileage for your car?
f .Use some statistical reasoning to assess whether or not the prediction for the mileage on your car was “accurate”?
g. How would you respond if someone asks “about” how many miles do students drive per year?
In: Statistics and Probability
The U.S. Department of Transportation provides the number of miles that residents of the 75 largest metropolitan areas travel per day in a car. Independent simple random samples for both Buffalo and Boston are located in the Excel Online file below. Construct a spreadsheet to answer the following questions.
Open spreadsheet
Round your answers to one decimal place.
What is the point estimate of the difference between the mean number of miles that Buffalo residents travel per day and the mean number of miles that Boston residents travel per day?
What is the 95% confidence interval for the difference between the two population means?
| Buffalo | Boston |
| 24 | 23 |
| 27 | 14 |
| 39 | 11 |
| 23 | 19 |
| 16 | 22 |
| 16 | 4 |
| 21 | 9 |
| 31 | 12 |
| 1 | 12 |
| 22 | 10 |
| 32 | 32 |
| 32 | 26 |
| 24 | 21 |
| 42 | 16 |
| 37 | 17 |
| 29 | 18 |
| 16 | 16 |
| 12 | 20 |
| 29 | 20 |
| 16 | 11 |
| 18 | 10 |
| 27 | 18 |
| 2 | 11 |
| 21 | 17 |
| 35 | 20 |
| 21 | 20 |
| 29 | 25 |
| 24 | 16 |
| 17 | 17 |
| 21 | 8 |
| 38 | |
| 21 | |
| 9 | |
| 24 | |
| 31 | |
| 26 | |
| 16 | |
| 27 | |
| 24 | |
| 18 | |
| 24 | |
| 17 | |
| 13 | |
| 15 | |
| 21 | |
| 21 | |
| 21 | |
| 32 | |
| 27 | |
| 35 |
In: Statistics and Probability
a. Set up the null and the alternative hypotheses for the test.
b. Calculate the value of the test statistic.
c. Find the p-value.
d. Calculate the critical value using α = 0.01
e. Use α = 0.01 to determine if the average breaking distance differs from 120 feet.
2. Consider the following hypotheses:
H0: μ ≤ 12.6
HA: μ > 12.6
A sample of 25 observations yields a sample mean of 13.4. Assume
that the sample is drawn from a normal population with a population
standard deviation of 3.2.
a. Calculate the value of the test statistic.
b. Find the p-value.
c. Calculate the critical value using α = 0.05
d. What is the conclusion if α = 0.05? Interpret the results at α = 0.05.
e. Calculate the p-value if the above sample mean was based on a sample of 100 observations.
f. Based on a sample of 100 observations, what is the conclusion if α = 0.10? Interpret the results at α = 0.10.
In: Statistics and Probability
The data below is the mileage (thousands of miles) and age of your cars as sample.
Year Miles Age
2017 8.5 1
2009 100.3 9
2014 32.7 4
2004 125.0 14
2003 115.0 15
2011 85.5 7
2012 23.1 6
2012 45.0 6
2004 123.0 14
2013 51.2 5
2013 116.0 5
2009 110.0 9
2003 143.0 15
2017 12.0 1
2005 180.0 13
2008 270.0 10
Please include appropriate Minitab Results when important
a. Identify terms in the simple linear regression population model in this context.
b. Obtain a scatter diagram for the sample data. Interpret the scatter diagram.
c. Obtain a scatter diagram with the least squares regression line included. Interpret the intercept and slope in the context of this problem.
d. In theory what ought to be the value of the population model intercept? Explain.
e. What is the informal prediction for what the mileage should be on your car? What is the error in the prediction of the mileage for your car?
f. Use some statistical reasoning to assess whether or not the prediction for the mileage on your car was “accurate”?
g. How would you respond if someone asks “about” how many miles do students drive per year?
In: Statistics and Probability