Product Design A R2 R, R4 0.99 0.95 0.998 0.995 Product Design B R2 R3 R4 0.99 0.95 0.985 0.99 0.95 0.99
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As VP for operations at Mendez-Pifiero Engineering, you must decide which product design, A or B, has the higher reliability. B is designed with backup units for components R3 and R4. What is the reliability of each design? |
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- The final stage on a production line for a repairableproduct comprises an old final test station withaccompanying analysis and repair stations.First Time Yield (FTY) is 0.720. To improve quality the old test station is replaced by anew model with higher performance.Using the production line final stage parameter values inTable QB1, on the next page, calculate thechange in cycle time Original final test time 15.0 minOriginal final test effectiveness 0.900New final test time 14.9 minNew final test effectiveness 0.930Analysis time 60.0 minRepair time 15.0 minTest station cost $100,000Analysis station cost $200,000Repair station cost $150,000Test cost $160 per hour per stationAnalysis cost $425 per hour per stationRepair cost $128 per hour per stationWarranty cost $250 per warranty claim perdefective product shipped31. among the following variances. which of them does not need a corrective action? a. 200,000 b. 50,000 c. -750,000 d. 0Does a prep course increase SAT scores? Last year, a school offered an after-school SAT prep class that students could volunteer to take. 44 students took the course and then took the SAT. The average SAT score for this group was 1220. The average SAT score for all students who did not take the prep class was 1050. Identify as many other possible variables that you can that may explain why the SAT scores are higher for those who took the prep course than for those who did not. 2- Design an experiment that would help us determine if SAT prep causes an increase in SAT scores. a- What is the population from which you will sample? b- What sampling method will you use (simple, cluster, systematic, stratified, convenience)? Why did you choose this method? c- Describe your treatment group and your control group. d- What is your explanatory variable? e- What is your response variable?
- An item can be sold for P63per unit wholesale is being produced with thefollowing cost data: Labor cost =P10 per unitMaterial cost =P15 per unitFixed charges =P10,000Other variable cost =P8 per unit a.) What is the break-even sales volume?b.) What is the break-even sales volume if one out of every ten units produced is defective and is rejected with only full recovery on materials?Systems Development Life Cycle: Objectives and Requirements Source: http://www.benderrbt.com/Bender-SDLC.pdf A systems development lifecycle (SDLC) has three primary objectives: ensure that high quality systems are delivered, provide strong management controls over the projects, and maximise the productivity of the systems staff. In order to meet these objectives, the SDLC has many specific requirements it must meet, including: being able to support projects and systems of various scopes and types, supporting all of the technical activities, supporting all of the management activities, being highly usable, and providing guidance on how to install it. The management activities include: setting priorities, defining objectives, project tracking and status reporting, change control, risk assessment, step wise commitment, cost/benefit analysis, user interaction, managing vendors, post implementation reviews, and quality assurance reviews. In order to meet all of the SDLC's objectives and…A work team is looking at a current product in the LUML catalog --- the L555X fixture. The L555X was introduced about 2 years ago; is a pretty good seller; seems to meet customer needs (virtually no complaints and few returns); and should be in production for several more years. No major changes in capability are planned. However, LUML is interested in improving the profits from the product. Marketing opines that the L555X is fairly priced given the competition and L555X’s capabilities. One option to try to increase profits is to raise the price (revenue) while holding the production expenses constant. Marketing believes that the L555X has a typical demand curve; and an increase in price will lead to a decrease in sales volume and lower overall revenue. On January 13, the team analyzed the current design and identified 63 parts in the L555X. On January 27 and 28, the team met with the industrial engineering department. Together they were able to identify 108 interfaces in the L555X.…
- Your company has asked you to determine the financial risks of manufacturing 6,000 units of a product rather than purchasing them from a vendor at $66.50 per unit. The production line will handle exactly 6,000 units and requires a one-time setup cost of $50,000. The production cost is $60/unit. Your manufacturing personnel inform you that some of the units may be defective, as shown below: % defective 0 1 2 3 4 probability of 40 30 20 6 4 occurrence (%) Defective items must be removed and replaced at a cost of $145/defective unit. However, 100 percent of units purchased from vendors are defect-free. Construct a payoff table, and using the expected-value model, determine the financial risk and whether the make or buy option is best.1. Once you have overdesigned your product, you need to do a ________ to match the needs and capabilities of your customers. 2. In 4-point bending, it has a higher probability that defects will exist due to a larger volume of a material subjected to a bending moment. True or false?1.Briefly explain what CRM is like2. CRM can be classified into the two main types: operational CRM and analytical CRM. Briefly explain thetwo types and give an example for each type.3. Why does Harrahs' loyalty program work when others don't? 4. One of the key concept in CRM is the Life Time Value (LTV) of a customer. Let's assume that we are acompany that sells coffee and snack and Tom is our customer. Calculate Lifetime Value (LTV) of Tom withthe Custom LTV Equation way ( https://blog.kissmetrics.com/how-to-calculate-lifetime-value/ ) . Tom 'saverage expenditure per visit is $10 and Tom visited us 10 times per week on average. A customer usuallyremains as a customer for 3 years (i.e., the average customer lifespan is 156 weeks (3 years *52 weeks peryear) and profit margin per customer is 10% on average.
- Suppose the client has given you the following information about the production. LSL 120; nominal or target value (CL) 125; USL130. Your production has mean 127 and variance = 1.44. 1. Calculate a suitable capability index and write your comment. (Marks 3+1 =4) 2. Give a reason why you select this capability index. (Mark 1)Calculate the Taguchi loss function in the following scenario. A quality characteristic has a deviation from target of 0.04 with a loss associated with deviation of $40.00. The formula for Taguchi Loss Function is: L(x) = k(x-T)2 (Refer to this spreadsheet for calculations - enter data in the yellow cells only.) What is the value of k. What would the economic loss be with a target specification of .2 and dimensional value of .215? You will need to add in the value of k from the spreadsheet.Calculate the Taguchi loss function in the following scenario. A quality characteristic has a deviation from target of 0.04 with a loss associated with deviation of $40.00. The formula for Taguchi Loss Function is: L(x) = k(x-T)2 (Refer to this spreadsheet for calculations - enter data in the yellow cells only.) What is the value of k. What would the economic loss be with a target specification of .2 and dimensional value of .215? You will need to add in the value of k from the spreadsheet. Calculation of k for the Loss Function Deviation from target Loss associated with deviation Loss Calculation for a Specific x Target specification, T Dimensional value, x k Loss $0.00