a. If an inspector is hired, what will be the inspection cost per unit? (Round your answer to 3 cCost per unitb. If an inspector is not hired, what will be the defective cost per unit? (Round your answer toCost per unitc. Should an inspector be hired based on costs alone?YesNo Problem 13-4 (Algo)There is a 3 percent error rate at a specific point in a production process. If an inspector is placed at this point, all the defects can bedetected and eliminated. The inspector would cost $11 per hour and could inspect units in the process at the current production rate of52 per hour.If no inspector is hired and defects are allowed to pass this point, there is a cost of $12 per defective unit to correct the defects lateron.Assume that the line will operate at the same rate (i.e., the current production rate) regardless of whether the inspector is hired or not.a. If an inspector is hired, what will be the inspection cost per unit? (Round your answer to 3 decimal places.)Cost per unitb. If an inspector is not hired, what will be the defective cost per unit? (Round your answer to 3 decimal places.)Cost per unit

Operation management is performed in each manufacturing organization. It all deals with the…

Answered: a. If an inspector is hired, what will…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

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There is a 4 percent error at a specific point in a production process. If an inspector is placed at this point, all the defects can be detected and eliminated. The inspector would cost $8 per hour and could inspect unit in the process at the current production rate of 45 per hour. If no inspector is hired and defects are allowed to pass a point, there is a cost of $9 per defective unit to correct the defects later. If an inspector is hired, what will be the inspection cost per unit? (Round to 3 decimal places.) If an inspector is hired, what will be the defective cost per unit? (Round to 3 decimal places.) Should an inspector be hired based on cost alone?
4.a. With respect to the ISO 9000 program, the maintenance technician’s responsibility is toA. test or measure the machine after maintenance is performed to make sure the machine is in calibration.B. enter the returned work order information into the computer database.C. ensure the safety of the workers performing the PM tasks.D. perform the critical or close-tolerance work on a machine.4.b. A combination of preventive maintenance and predictive maintenance is the basis of a program knownasA. TPMB. TQMC. BPMD. RBM4.c. Your company is finding that the computerized PM schedule is overdue and that many tasks aren’tbeing completed due to lack of manpower. You can’t hire more people, so the next best solution is toA. prioritize the task list and make scheduling changes so that all equipment is maintained, based on its priority.B. perform maintenance only on the critical equipment.C. use the operators to perform all lubrication and basic mechanical and electrical maintenance on the…
Suppose that each engine can be inspected before theflight. After inspection, each engine is labeled as being ineither good or bad condition. You are given thatP(inspection says engine is in good condition | engine willfail) .001P(inspection says engine is in bad condition | engine willfail) .999P(inspection says engine is in good condition | engine willnot fail) .995 P(inspection says engine is in bad condition | engine willnot fail) .005 a If the inspection indicates the engine is in bad con-dition, what is the probability that the engine will fail on the flight?b If an inspector randomly inspects an engine (that is,with probability .001 she chooses an engine that is aboutto fail, and with probability .999 she chooses an enginethat is not about to fail), what is the probability that shewill make an error in her evaluation of the engine?
Super metals manufacturing company very competitive metal products business. It employs over 2,000 people. Because of the similarity in the product design and the competitive prices with those of its competitors, it maintains it’s market share by emphasizing quality and service. About a year ago the company lost two of its customers who had been dissatisfied with excessive manufacturing defects. After studying the problem, the company decided that its basic engineering was sound but carelessness and lack of quality consciousness on the part of production workers, inspectors and manufacturing supervisors were the prime cause of the trouble. Accordingly, it introduced a quality control training program to solve the problem. The course was given after working hours from 7 to 9 pm each Thursday for 10 weeks. Employees were not paid any additional amounts to attend the class. Technically attendance was voluntary. However, management intimated that employees who attend sincerely would…
Super metals manufacturing company very competitive metal products business. It employs over 2,000 people. Because of the similarity in the product design and the competitive prices with those of its competitors, it maintains it’s market share by emphasizing quality and service. About a year ago the company lost two of its customers who had been dissatisfied with excessive manufacturing defects. After studying the problem, the company decided that its basic engineering was sound but carelessness and lack of quality consciousness on the part of production workers, inspectors and manufacturing supervisors were the prime cause of the trouble. Accordingly, it introduced a quality control training program to solve the problem. The course was given after working hours from 7 to 9 pm each Thursday for 10 weeks. Employees were not paid any additional amounts to attend the class. Technically attendance was voluntary. However, management intimated that employees who attend sincerely would…
Super metals manufacturing company very competitive metal products business. It employs over 2,000 people. Because of the similarity in the product design and the competitive prices with those of its competitors, it maintains it’s market share by emphasizing quality and service. About a year ago the company lost two of its customers who had been dissatisfied with excessive manufacturing defects. After studying the problem, the company decided that its basic engineering was sound but carelessness and lack of quality consciousness on the part of production workers, inspectors and manufacturing supervisors were the prime cause of the trouble. Accordingly, it introduced a quality control training program to solve the problem. The course was given after working hours from 7 to 9 pm each Thursday for 10 weeks. Employees were not paid any additional amounts to attend the class. Technically attendance was voluntary. However, management intimated that employees who attend sincerely would…
As part of an insurance company's training program, participants learn how to conduct an analysis of clients' insurability. The goal is to have participants achieve a time in the range of 30 to 45 minutes. Test results for three participants were: Armand, a mean of 38 minutes and a standard deviation of 3 minutes: Jerry, a mean of 37 minutes and a standard deviation of 2.5 minutes: and Melissa, a mean of 37.5 minutes and a standard deviation of 1.8 minutes. Which of the participants would you judge to be capable? Explain. Can the value of the Cp exceed the value of Cp for a given participant? Explain
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Case study Training at Hailey’s Construction Shobana, Hailey’s Construction, Sales Manager, read the memo she has just received from Kavelan , the Training Manager, and said to herself,” No way! I’m not going to let Kavelan get away with this. Last month, hhe insisted that 15 of the salespeople spend three days on a course on Quality Control conducted by a trainer. I had my hesitations, but I sent them anyway. On their return, they grumbled constantly about what a bore it was and how their time had been wasted because the content was totally irrelevant to their jobs. Now Kavelan wants another 10 participants. Well, he can just find them somewhere else!” Question 2 Elaborate what should the Training Manager do to ensure that the managers of every department willingly send their staff for the training programmes. include example also
Case Study Training at Hailey’s Construction Shobana, Hailey’s Construction, Sales Manager, read the memo she has just received from Kavelan , the Training Manager, and said to herself,” No way! I’m not going to let Kavelan get away with this. Last month, hhe insisted that 15 of the salespeople spend three days on a course on Quality Control conducted by a trainer. I had my hesitations, but I sent them anyway. On their return, they grumbled constantly about what a bore it was and how their time had been wasted because the content was totally irrelevant to their jobs. Now Kavelan wants another 10 participants. Well, he can just find them somewhere else!” Question 1 Describe the mistakes Hailey’s Construction Training Manager made
As part of an insurance company’s training program, participants learn how to conduct an analysis of clients’ insurability. The goal is to have participants achieve a time in the range of 30 to 45minutes. Test results for three participants were: Armand, a mean of 38 minutes and a standarddeviation of 3 minutes; Jerry, a mean of 37 minutes and a standard deviation of 2.5 minutes; andMelissa, a mean of 37.5 minutes and a standard deviation of 1.8 minutes.a. Which of the participants would you judge to be capable? Explain.b. Can the value of the Cpk exceed the value of Cp for a given participant? Explain.
1. There are two approaches to the implementation of ERM, namely the measurement driven approach and the process-control approach. What is the focus of the measurement driven approach in implementing ERM? 2. Write a small paragraph on the concept of maximum foreseeable loss (MFL) and its significance in risk management. Question 2 1. Distinguish between the.'Maximin', 'Maximax·• and the 'Minimax regret' decision strategy. 2. Determining the size or quantum of a possible loss provides a backdrop against which efforts to manage the risk can be measured .Highlight the measures used to enhance the description of possible loss more accurately

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a. If an inspector is hired, what will be the inspection cost per unit? (Round your answer to 3 decimal places.) Cost per unit b. If an inspector is not hired, what will be the defective cost per unit? (Round your answer to 3 decimal places.) Cost per unit