MO 300 Study Guide - Quiz Guide: Standard Deviation, Product Measure

• School: U of M
• Department: Management and Organizations
• Course: MO 300
• Professor: Mohammad Neill

Document Summary

Review and discussion questions: 1, 2, 3, 4, 8 (textbook p. 310) Additional problems: a company currently using an inspection process in its material receiving department is trying to install an overall cost reduction program. One possible reduction is the elimination of one inspection position. This position tests material that has a defective content on the average of 0. 04. By inspecting all items, the inspector is able to remove all defects. The inspector can inspect 50 units per hour. The hourly rate for this position is . Spec has determined that the machine has a sample mean of 4. 001 inches with a standard devition of 0. 002 inch. Should c-spec use this machine to produce this part: design specifictions require that a key dimension on a product measure 100 10 units. A process being considered for producing this product has a mean of 100 units and a standard deviation of 2 units: calcuate the cpk for this process.