Finance Assignment Help 70

Posted on March 10, 2017

Finance Assignment Help 70

Objectives:
 
Upon completion of this assignment you will be able to:

1. Identify the appropriate control chart for attributes and calculate control limits given a control chart scenario and data.
 
Rational:

Much of control chart and acceptance sampling theory is based on probability. Attribute control charts are fundamental tools in modern quality control.
 

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Control Charts for Attributes
 
1. Construct a control chart for the data in the posted spreadsheet for empty bottle inspections of a soft drink manufacturer. Assume assignable causes for any points that are out of control and determine revised limits and central line. Show your work.
 
2. Determine the trial central line and control limits for an np-chart using the data in the posted spreadsheet. Plot the values and determine if the process is stable. If there are out-of-control points, assume an assignable cause and determine revised limits and central line. Show your work.
 
3. Assuming that a 10:3:1 demerit weighting system is used, determine the central line and control limits when uc = 0.3, uma = 0.4, umi = 5, and n = 100. If the subgroup inspection results for a particular day are 20 critical, 50 major, and 400 minor nonconformities, determine if the results are in control or out of control. Show your work.</b$rational:
 

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