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. Select the answer that best states the Practical Problem.
How many experimental runs exist in a Full Factorial and fully randomized design for 5 factors with 2 replicates for the Corner Points and no Center Points? The factors in the experiment are only at 2-levels.
The two types of data that are to be used in Statistical Analysis are Attribute and Variance.
Measurement __________ is defined as the difference between the observed and the expected values for a given set of data.
If an experiment has 5 factors and no replicates for a 2-level Experimental Design with 16 experimental runs which statement(s) are correct? (Note: There are 3 correct answers).
A Factorial Experiment based on a Level 2 Design with 6 factors would require 16 runs to fully assess the interactions.
Using this partial Z Table, how many units from a month’s production run are expected to not satisfy customer requirements for the following process?
Upper specification limit: 8.4 Lower specification limit: 4.7 Mean of the process: 6.2 Standard Deviation: 2.2 Monthly production: 360 units
The _______ is the most frequently occurring value in a distribution of data.
Use this data to calculate the Z Score. Average of: 92, Standard Deviation: 2, Upper Spec Limit: 101
Which of these elements are not included in Implementation plans?
