A manufacturer of computer chips has a computer hardware company as its largest customer. The computer hardware company requires all of its chips to meet specifications of 1.2 cm. The vice-president of manufacturing, concerned about a possible loss of sales, assigns his production manager the task of ensuring that chips are produced to meet the specification of 1.2 cm. Based on the production run from last month, a 95% confidence interval was computed for the mean length of a computer chip resulting in:95% confidence interval: (0.9 cm, 1.1 cm) What are the elements that the production manager should consider in determining his company's ability to produce chips that meet specifications? Do the chips produced meet the desired specifications? What reasons should the production manager provide to the vice-president to justify that the production team is meeting specifications? How will this decision impact the chip manufacturer's sales and net profit?
A manufacturer of computer chips has a computer hardware company as its largest customer. The computer hardware company requires all of its chips to meet specifications of 1.2 cm. The vice-president of manufacturing, concerned about a possible loss of sales, assigns his production manager the task of ensuring that chips are produced to meet the specification of 1.2 cm. Based on the production run from last month, a 95% confidence interval was computed for the mean length of a computer chip resulting in:95% confidence interval: (0.9 cm, 1.1 cm) What are the elements that the production manager should consider in determining his company's ability to produce chips that meet specifications? Do the chips produced meet the desired specifications? What reasons should the production manager provide to the vice-president to justify that the production team is meeting specifications? How will this decision impact the chip manufacturer's sales and net profit?
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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A manufacturer of computer chips has a computer hardware company as its largest customer. The computer hardware company requires all of its chips to meet specifications of 1.2 cm. The vice-president of manufacturing, concerned about a possible loss of sales, assigns his production manager the task of ensuring that chips are produced to meet the specification of 1.2 cm.
Based on the production run from last month, a 95% confidence interval was computed for the mean length of a computer chip resulting in:
95% confidence interval: (0.9 cm, 1.1 cm)
- What are the elements that the production manager should consider in determining his company's ability to produce chips that meet specifications?
- Do the chips produced meet the desired specifications?
- What reasons should the production manager provide to the vice-president to justify that the production team is meeting specifications?
- How will this decision impact the chip manufacturer's sales and net profit?
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