Ask Statistics and Probability Expert

Situation and Data: An electronic component manufacturer you work for has to select a new supplier of 2K (2000 ohm) resistors. An outside consulting group has assisted your design group in reducing the choices down to two suppliers, Ulti-Resist and Mega-Resist. Your quality engineering department (QED) must do further analysis to determine which supplier to select. You are asked to do a complete SPC analysis. This is a significant investment for your company, therefore you should be very interested in making sure you select a good supplier. Your QED obtained the services of the independent testing firm Gatherers, Inc. (GI), to perform tests and collect data from these two resistor suppliers. GI has gone to each of the suppliers and collected one week worth of production data (40 to 50 hours). In each case, GI randomly sampled 5% of production every hour to see if the resistors were meeting product specifications. Target specifications are 2000 ohms, +/- 1% tolerance.

Analysis: You are to completely analyze the situation for your company.

1.) You should run all of the descriptive statistics and graphical analyses (boxplots, histograms). You should analyze each supplier separately and then compare them. Look for the possibility of outliers in each data set.

2.) What are the confidence intervals on the mean, variance, and fraction non-conforming of each system?

3.) Are both of these suppliers meeting the target level of resistance?

4.) Assess the stability (time series) and capability of each system.

5.) Build and analyze x-bar/s control charts for each system.

6.) If out-of-specification resistors cause lost revenue at a rate of $0.015 per resistor, what are the lost revenue projections for each company? Assume operating 50 weeks/year.

7.) Are these suppliers the same? How do you know? Prove it. For system comparison calculations, you should take a random sample of 75 points from each set. Report how you take this sample.

8.) On the basis of your analysis, make a recommendation to your company on which resistor supplier to select for production of the electronic components. Support your choice with results from the analysis. Present your findings in a technical report as outlined below.

1.) Title page (title, your names, your company, date, who reporting to)

2.) Executive Summary (1 page: Summarize the problem, what you did, key results and recommendations)

3.) Introduction (describe the problem and procedures & analyses you will do)

4.) Results and Discussion (summarize your findings, include Figures and Tables as appropriate)

5.) Conclusions and Recommendations (did you solve the problem, what were the pitfalls, what assumptions were made that might change the results, what should we do?)

6.) Appendices (calculations, supplementary Tables and Figures that support the report but don't belong in the main body) Evaluation: 1.) Solving the problem 75% 2.) Professional engineering presentation of solution (written and graphical delivery) 25% Job 2 reports (one per group) should be submitted to the Blackboard "Job Assignments" page. The MS Word file should be labeled as "Job 2 Last names.docx". Data for Job 2 will be available on Blackboard.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M91604951

Have any Question?


Related Questions in Statistics and Probability

Introduction to epidemiology assignment -assignment should

Introduction to Epidemiology Assignment - Assignment should be typed, with adequate space left between questions. Read the following paper, and answer the questions below: Sundquist K., Qvist J. Johansson SE., Sundquist ...

Question 1 many high school students take the ap tests in

Question 1. Many high school students take the AP tests in different subject areas. In 2007, of the 144,796 students who took the biology exam 84,199 of them were female. In that same year,of the 211,693 students who too ...

Basic statisticsactivity 1define the following terms1

BASIC STATISTICS Activity 1 Define the following terms: 1. Statistics 2. Descriptive Statistics 3. Inferential Statistics 4. Population 5. Sample 6. Quantitative Data 7. Discrete Variable 8. Continuous Variable 9. Qualit ...

Question 1below you are given the examination scores of 20

Question 1 Below you are given the examination scores of 20 students (data set also provided in accompanying MS Excel file). 52 99 92 86 84 63 72 76 95 88 92 58 65 79 80 90 75 74 56 99 a. Construct a frequency distributi ...

Question 1 assume you have noted the following prices for

Question: 1. Assume you have noted the following prices for paperback books and the number of pages that each book contains. Develop a least-squares estimated regression line. i. Compute the coefficient of determination ...

Question 1 a sample of 81 account balances of a credit

Question 1: A sample of 81 account balances of a credit company showed an average balance of $1,200 with a standard deviation of $126. 1. Formulate the hypotheses that can be used to determine whether the mean of all acc ...

5 of females smoke cigarettes what is the probability that

5% of females smoke cigarettes. What is the probability that the proportion of smokers in a sample of 865 females would be greater than 3%

Armstrong faber produces a standard number-two pencil

Armstrong Faber produces a standard number-two pencil called Ultra-Lite. The demand for Ultra-Lite has been fairly stable over the past ten years. On average, Armstrong Faber has sold 457,000 pencils each year. Furthermo ...

Sppose a and b are collectively exhaustive in addition pa

Suppose A and B are collectively exhaustive. In addition, P(A) = 0.2 and P(B) = 0.8. Suppose C and D are both mutually exclusive and collectively exhaustive. Further, P(C|A) = 0.7 and P(D|B) = 0.5. What are P(C) and P(D) ...

The time to complete 1 construction project for company a

The time to complete 1 construction project for company A is exponentially distributed with a mean of 1 year. Therefore: (a) What is the probability that a project will be finished in one and half years? (b) What is the ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As