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?
Answer : E
What is the Ppk of a process with a spread of 24 units, an average of 68, an upper limit of 82 and a lower limit of 54?
Answer : C
The two types of data that are to be used in Statistical Analysis are Attribute and Variance.
Answer : B
If in an experiment all possible variable pairs sum to zero the design is Orthogonal.
Answer : A
Range Charts are the technique used to determine if Special Causes are occurring within the subgroups of the ______________.
Answer : B
Choose those characteristics of a Simple Linear Regression (SLR) Analysis that are applicable. (Note: There are 3 correct answers).
Answer : A, D, E
Use this data to calculate the Z score. Average oF. 65, Standard Deviation: 3, Upper Spec Limit:
72
Answer : C