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- At the beginning of each week, a machine is in one of four conditions: 1 = excellent; 2 = good; 3 = average; 4 = bad. The weekly revenue earned by a machine in state 1, 2, 3, or 4 is 100, 90, 50, or 10, respectively. After observing the condition of the machine at the beginning of the week, the company has the option, for a cost of 200, of instantaneously replacing the machine with an excellent machine. The quality of the machine deteriorates over time, as shown in the file P10 41.xlsx. Four maintenance policies are under consideration: Policy 1: Never replace a machine. Policy 2: Immediately replace a bad machine. Policy 3: Immediately replace a bad or average machine. Policy 4: Immediately replace a bad, average, or good machine. Simulate each of these policies for 50 weeks (using at least 250 iterations each) to determine the policy that maximizes expected weekly profit. Assume that the machine at the beginning of week 1 is excellent.S Book Hint Print eferences Problem 13-2 (Algo) A metal fabricator produces connecting rods with an outer diameter that has a 1 ± 0.02 inch specification. A machine operator takes several sample measurements over time and determines the sample mean outer diameter to be 1.004 inches with a standard deviation of 0.006 inch. Calculate the process capability index for this example. (Round your answer to 3 decimal places.) Process capability indexSCENARIO B: A woodcutting operation has a target (nominal) value of 200 inches and consistently averages 200.1 inches with a standard deviation of .05 inches. The design engineers have established an upper specification limit of 200.25 and a lower specification limit of 199.75 inches.
- Suppose that material hardness is normally distributed with a mean of 52 and a standard deviation of 1. Specification limits for hardness are from 45 to 55. What is Cp?Study B: The decoy effect is the phenomenon that an additional but worse option can boost the appeal of an existing option. In order to get workers at food-processing factories in China to comply with hygiene standards (i.e., using hand sanitizer every hour), researchers manipulated whether there were additional options to the standard and convenient spray bottle provided to each employee. Workers in different rooms were randomly assigned to have just the standard spray bottle, or the standard spray bottle and an inconvenient squeeze bottle. Quality control personnel kept track of hand sanitizer use (weighing the bottles before and after each shift) and sanitary condition (sample wipes assessing the number of bacteria on hands). Neither the employees or quality control personnel were aware of the experiment or its hypothesis. The researchers found that when a decoy was present, workers used more sanitizer and were more likely to pass hand sanitary tests. In this example, it was…Elon Corporation manufactures parts for an aircraft com-pany. It uses a computerized numerical controlled (CNC) machining center to produce a specific part that has adesign (nominal) target of 1.275 inches with tolerancesof 0.024 inch. The CNC process that manufacturesthese parts has a mean of 1.281 inches and a standarddeviation of 0.008 inch. Compute the process capabilityratio and process capability index, and comment onthe overall capability of the process to meet the designspecifications.
- Problem 6-2 (Algo) Rachel loves to bake cookies, but she has an old oven that has trouble maintaining a constant temperature. If the acceptable temperature range for making the cookies is 350 plus or minus 10 degrees, what is the allowable standard deviation in the temperature of her oven in order to achieve a Six Sigma level of quality? Note: Round your answer to 3 decimal places. Standard deviation degrees6. List and explain in detail why we include disturbance term or error term in the model?The following data was recorded while observing the increase in the number of butterflies in two different ponds, Pond A and Pond B. Number of Butterflies Present Over 5 Years Year Pond A Pond B 0 50 65 85 1 2 3 4 5 100 O 110 121 133 146 161 110 143 186 What is the rate of growth, r, for each pond and which pond has the fastest average rate of growth over the five years? TA = 1.1, TB = 1.3, mg = 3.72 butterflies/yr TA=0.9, TB=0.8, mg = 3.72 butterflies/yr TA=0.9, TB=0.8, mg=27.2 butterflies/yr TA = 1.1, TB = 1.3, mg=27.2 butterflies/yr
- Problem 1: Auto pistons at Wemming Chung’s plant in Shanghai are produced in a forging process, and the diameter is a critical factor that must be controlled. From sample sizes of 10 pistons produced each day, the mean and the range of this diameter have been as follows: Day Mean (mm) Range (mm) 1 156.9 4.2 2 153.2 4.6 3 153.6 4.1 4 155.5 5.0 5 156.6 4.5 a) What are the UCL x (line on top of x, counldn't find the button to do it) and LCL x (line on top of x) , using 3σ? Plot the data. b) What are the UCL R and LCL R , using 3σ? Plot the data. c) Is the Process in Control? (Please screen shot the EXCEl if its in excel) Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.1.Use a Venn-diagram to perform a qualitative risk assessment, indicating the likelihood%, category, frequency, severity, and RHC score for climate, pest infestations, soil erosion, market volatility and supply chain management risk of corn. 2.Plot the risks from the Venn diagram on a Risk Heat Map/ChartTucson Machinery, Inc., manufactures numerically controlled machines, which sell for an average price of $14.0 million each. Sales for these NCMs for the past two years were as follows: Use Exhibit 3.10. QUARTER LAST YEAR I II III IV QUANTITY (UNITS) Y = 14 20 28 18 QUARTER THIS YEAR I II III IV QUANTITY (UNITS) 20 26 30 15 a. Find the equation of a simple linear regression line using Excel. (Round your answers to 3 decimal places.) > Answer is complete but not entirely correct. 18.535 X + 0.630 t