Because of high production-changeover time and costs, a director of manufacturing must convince management that a proposed manufacturing method reduces costs before the new method can be implemented. The current production method operates with a mean cost of $280 per hour. A research study will measure the cost of the new method over a sample production period. (a) Develop the null and alternative hypotheses most appropriate for this study. O Ho: HS 280 H: H > 280 O Ho: H 2 280 H:u< 280 O Ho: H = 280 Ha: u + 280 Ho: 4 > 280 Ha: uS 280 Ho: H < 280 "a, μ 280 (b) Comment on the conclusion when H, cannot be rejected. O There is not enough evidence to conclude that the new method reduces costs. Management should consider implementing the new method. O There is enough evidence to conclude that the new method reduces costs. Management should not consider implementing the new method. O There is not enough evidence to conclude that the new method reduces costs. Management should not consider implementing the new method. O There is enough evidence to conclude that the new method reduces costs. Management should consider implementing the new method. (c) Comment on the conclusion when H. can be rejected. O There is not enough evidence to conclude that the new method reduces costs. Management should consider implementing the new method. O There is enough evidence to conclude that the new method reduces costs. Management should not consider implementing the new method. O There is not enough evidence to conclude that the new method reduces costs. Management should not consider implementing the new method. O There is enough evidence to conclude that the new method reduces costs. Management should consider implementing the new method.
Because of high production-changeover time and costs, a director of manufacturing must convince management that a proposed manufacturing method reduces costs before the new method can be implemented. The current production method operates with a mean cost of $280 per hour. A research study will measure the cost of the new method over a sample production period. (a) Develop the null and alternative hypotheses most appropriate for this study. O Ho: HS 280 H: H > 280 O Ho: H 2 280 H:u< 280 O Ho: H = 280 Ha: u + 280 Ho: 4 > 280 Ha: uS 280 Ho: H < 280 "a, μ 280 (b) Comment on the conclusion when H, cannot be rejected. O There is not enough evidence to conclude that the new method reduces costs. Management should consider implementing the new method. O There is enough evidence to conclude that the new method reduces costs. Management should not consider implementing the new method. O There is not enough evidence to conclude that the new method reduces costs. Management should not consider implementing the new method. O There is enough evidence to conclude that the new method reduces costs. Management should consider implementing the new method. (c) Comment on the conclusion when H. can be rejected. O There is not enough evidence to conclude that the new method reduces costs. Management should consider implementing the new method. O There is enough evidence to conclude that the new method reduces costs. Management should not consider implementing the new method. O There is not enough evidence to conclude that the new method reduces costs. Management should not consider implementing the new method. O There is enough evidence to conclude that the new method reduces costs. Management should consider implementing the new method.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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