A Belt working in a supply chain environment has to make a decision to change suppliers of critical raw materials for a new product upgrade. The purchasing manager is depending on the Belt’s effort requiring that the average cost of an internal critical raw material component be less than or equal to $4,200 in order to stay within budget. Using a sample of 35 first article components, a Mean of the new product upgrade price of $4,060, and a Standard Deviation of $98 was estimated. The Alternative Hypothesis in the above example is?
Range Charts are the technique used to determine if ______________ are occurring within the subgroups of the SPC Charts.
A valuable tool to use during the Measure Phase to show material and information flow throughout an entire process is the ______________ .
A natural logarithmic base is not required for which of these distributions for probability calculations?
If you can Poka-Yoke a defect out of the process entirely then you do not need use SPC on the characteristic of interest in the defect.
Using this data calculate the percentage of DPU.
Data: 763 defects, 18,000 units.
Which statement(s) are incorrect for the Regression Analysis shown here? (Note: There are 2 correct answers).
In a Fishbone Diagram the 6M’s stand for Methods, Measurements, Machine, Man, Mother Nature and ____________ .
Appropriate measures means that measurements are ______________.
A Belt working in a supply chain environment has to make a decision to change suppliers of critical raw materials for a new product upgrade. The purchasing manager is depending on the Belt’s effort requiring that the average cost of an internal critical raw material component be less than or equal to $3,800 in order to stay within budget. Using a sample of 38 first article components, a Mean of the new product upgrade price of $3,680, and a Standard Deviation of $120 was estimated. In order to increase the Long Term Z value to 5, what is the maximum long term variation in pricing the Belt can accept for his upgraded critical raw material component?