The trade-off involved in deciding whether to use two-sigma or three-sigma control limits.

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Answer 1

Question

Chapter 10, Problem 1TS

a)

Summary Introduction

To determine: The trade-off involved in deciding whether to use two-sigma or three-sigma control limits.

b)

Summary Introduction

To determine: The trade-off involved in decision of choosing large sample size and a smaller sample size.

c)

Summary Introduction

To determine: The trade-off involved in trying to increase the capability of a process that are barely capable.

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Regular Period Time Overtime Supply Available puewag Subcontract Forecast 40 15 15 40 2 35 40 28 15 15 20 15 22 65 60 Initial inventory Regular-time cost per unit Overtime cost per unit Subcontract cost per unit 20 units $100 $150 $200 Carrying cost per unit per month 84

assume that the initial inventory has no holding cost in the first period, and back orders are not permitted. Allocating production capacity to meet demand at a minimum cost using the transportation method. The total cost is? (enter as whole number)

The S&OP team at Kansas Furniture, led by David Angelow, has received estimates of demand requirements as shown in the table. Assuming one-time stockout costs for lost sales of $125 per unit, inventory carrying costs of $30 per unit per month, and zero beginning and ending inventory, evaluate the following plan on an incremental cost basis: Plan B: Vary the workforce to produce the prior month's demand. Demand was 1,300 units in June. The cost of hiring additional workers is $35 per unit produced. The cost of layoffs is $60 per unit cut back. (Enter all responses as whole numbers.) Note: Both hiring and layoff costs are incurred in the month of the change (i.e., going from production of 1,300 in July to 1300 in August requires a layoff (and related costs) of 0 units in August). Hire Month 1 July Demand 1300 Production (Units) Layoff (Units) Ending Inventory Stockouts (Units) 2 August 1150 3 September 1100 4 October 1600 5 November 1900 6 December 1900

Answer 2

Question

Chapter 10, Problem 1TS

a)

Summary Introduction

To determine: The trade-off involved in deciding whether to use two-sigma or three-sigma control limits.

b)

Summary Introduction

To determine: The trade-off involved in decision of choosing large sample size and a smaller sample size.

c)

Summary Introduction

To determine: The trade-off involved in trying to increase the capability of a process that are barely capable.

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Answer 3

Question

Chapter 10, Problem 1TS

a)

Summary Introduction

To determine: The trade-off involved in deciding whether to use two-sigma or three-sigma control limits.

b)

Summary Introduction

To determine: The trade-off involved in decision of choosing large sample size and a smaller sample size.

c)

Summary Introduction

To determine: The trade-off involved in trying to increase the capability of a process that are barely capable.

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Answer 4

Question

Chapter 10, Problem 1TS

a)

Summary Introduction

To determine: The trade-off involved in deciding whether to use two-sigma or three-sigma control limits.

b)

Summary Introduction

To determine: The trade-off involved in decision of choosing large sample size and a smaller sample size.

c)

Summary Introduction

To determine: The trade-off involved in trying to increase the capability of a process that are barely capable.

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Answer 5

Chapter 10, Problem 1TS

a)

Summary Introduction

To determine: The trade-off involved in deciding whether to use two-sigma or three-sigma control limits.

b)

Summary Introduction

To determine: The trade-off involved in decision of choosing large sample size and a smaller sample size.

c)

Summary Introduction

To determine: The trade-off involved in trying to increase the capability of a process that are barely capable.

Answer 6

Chapter 10, Problem 1TS

a)

Summary Introduction

To determine: The trade-off involved in deciding whether to use two-sigma or three-sigma control limits.

Answer 7

Chapter 10, Problem 1TS

a)

Summary Introduction

To determine: The trade-off involved in deciding whether to use two-sigma or three-sigma control limits.

Answer 8

b)

Summary Introduction

To determine: The trade-off involved in decision of choosing large sample size and a smaller sample size.

Answer 9

b)

Summary Introduction

To determine: The trade-off involved in decision of choosing large sample size and a smaller sample size.

Answer 10

c)

Summary Introduction

To determine: The trade-off involved in trying to increase the capability of a process that are barely capable.

Answer 11

c)

Summary Introduction

To determine: The trade-off involved in trying to increase the capability of a process that are barely capable.

Answer 12

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Answer 13

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Answer 14

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Answer 15

Ch. 10.2 - Prob. 1.1RQ Ch. 10.2 - Prob. 1.2RQ Ch. 10.4 - Prob. 1.1RQ Ch. 10.4 - Prob. 1.2RQ Ch. 10 - Prob. 1DRQ Ch. 10 - Prob. 2DRQ Ch. 10 - Prob. 3DRQ Ch. 10 - Prob. 4DRQ Ch. 10 - Prob. 5DRQ Ch. 10 - Prob. 6DRQ

The trade-off involved in deciding whether to use two-sigma or three-sigma control limits.

Solution Summary: The author explains the trade-off involved in deciding whether to use two- or three-sigma control limits. Large samples lead to increased cost of inspection, large process times, and increases use of raw materials.

Concept explainers

To determine: The trade-off involved in deciding whether to use two-sigma or three-sigma control limits.

To determine: The trade-off involved in decision of choosing large sample size and a smaller sample size.

To determine: The trade-off involved in trying to increase the capability of a process that are barely capable.

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Chapter 10 Solutions