Question

You are the production manager for a widget factory. Obviously one of your business drivers is...

You are the production manager for a widget factory. Obviously one of your business drivers is Cost, and within Cost one of your key measures is yield loss. This is measured as a percent, and represents the percent (by weight) of widgets that get scrapped at the end of the process due to various quality and production issues. The percent scrap is measured daily, with monthly data (average) used for tracking purposes. Historically, your percent scrap has been around 4%, which executive manager states is too high. You have been asked to investigate the yield loss and to initiate a program to reduce this loss. Your first step is to develop a process behavior chart. The monthly data for the past 24 months is in the Excel file provided. Develop a process behavior chart for yield loss, critique and state your improvement actions. Make all necessary changes to the chart based on special causes. State what your current process yield is (in process behavior terms: min, max and average). One note: A new widget making machine was installed Oct 1, 2018.

Month Yield Loss (%)
Jun-17 3.74
Jul-17 4.8
Aug-17 3.51
Sep-17 3.48
Oct-17 4.31
Nov-17 4.99
Dec-17 4.03
Jan-18 4.5
Feb-18 4.26
Mar-18 4.18
Apr-18 3.47
May-18 3.78
Jun-18 4.33
Jul-18 4.05
Aug-18 3.9
Sep-18 4.18
Oct-18 3.81
Nov-18 3.88
Dec-18 3.85
Jan-19 3.62
Feb-19 3.71
Mar-19 3.83
Apr-19 3.66
May-19 3.79

Homework Answers

Answer #1
Month Yield Loss (%)
Jun-17 3.74
Jul-17 4.8
Aug-17 3.51
Sep-17 3.48
Oct-17 4.31
Nov-17 4.99
Dec-17 4.03
Jan-18 4.5
Feb-18 4.26
Mar-18 4.18
Apr-18 3.47
May-18 3.78
Jun-18 4.33
Jul-18 4.05
Aug-18 3.9
Sep-18 4.18
Oct-18 3.81
Nov-18 3.88
Dec-18 3.85
Jan-19 3.62
Feb-19 3.71
Mar-19 3.83
Apr-19 3.66
May-19 3.79
Min 3.47
Average 3.99
Max 4.99

Historically, your percent scrap has been around 4%

Conclusion:

Need to find out rootcause analysis in month of red Highlighted

since a new widget making machine was installed Oct 1, 2018 after that process is runnin proper anf below the historiacal % scrap 4%.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Rounded to the nearest whole number, what is the standard deviation for Google weekly closing prices...
Rounded to the nearest whole number, what is the standard deviation for Google weekly closing prices from December 12, 2008 to December 4, 2009?   4-Dec-09 585.01 27-Nov-09 579.76 20-Nov-09 569.96 13-Nov-09 572.05 20-Nov-09 551.1 30-Oct-09 536.12 23-Oct-09 553.69 16-Oct-09 549.85 9-Oct-09 516.25 2-Oct-09 484.58 25-Sep-09 492.48 18-Sep-09 491.46 11-Sep-09 472.14 4-Sep-09 461.3 28-Aug-09 464.75 21-Aug-09 465.24 14-Aug-09 460 7-Aug-09 457.1 31-Jul-09 443.05 24-Jul-09 446.72 17-Jul-09 430.25 10-Jul-09 414.4 2-Jul-09 408.49 26-Jun-09 425.32 19-Jun-09 420.09 12-Jun-09 424.84 5-Jun-09 444.32 29-May-09 417.23...
Given the following history, use a three-quarter moving average to forecast the demand for the third...
Given the following history, use a three-quarter moving average to forecast the demand for the third quarter of this year. Note, the 1st quarter is Jan, Feb, and Mar; 2nd quarter Apr, May, Jun; 3rd quarter Jul, Aug, Sep; and 4th quarter Oct, Nov, Dec. JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC     Last year 165 185 200 230 240 265 210 200 195 265 290 315   This year 175 200 165 260 260 200   Forecast...
Year Month Return Year Month Return 2006     Jan 3.95 2008     Jul 3.29 2006     Feb 3.77 2008...
Year Month Return Year Month Return 2006     Jan 3.95 2008     Jul 3.29 2006     Feb 3.77 2008     Aug 4.62 2006     Mar 5.29 2008     Sep 4.81 2006     Apr 3.77 2008     Oct 5.16 2006     May 4.47 2008     Nov 3.69 2006     Jun 5.2 2008     Dec 5.15 2006     Jul 3.9 2009     Jan 5.29 2006     Aug 4.33 2009     Feb 3.19 2006     Sep 4.41 2009     Mar 3.89 2006     Oct 5.14 2009     Apr 4.48 2006     Nov 3.24 2009     May 5.27 2006     Dec 4.13 2009     Jun 3.93 2007     Jan...
Consider a portion of monthly return data (In %) on 20-year Treasury Bonds from 2006–2010. Date...
Consider a portion of monthly return data (In %) on 20-year Treasury Bonds from 2006–2010. Date Return Jan-06 5.39 Feb-06 4.83 Mar-06 5.41 Apr-06 4.64 May-06 4.05 Jun-06 3.41 Jul-06 3.92 Aug-06 3.46 Sep-06 5.06 Oct-06 5.44 Nov-06 4.96 Dec-06 4.17 Jan-07 3.48 Feb-07 4.7 Mar-07 4.38 Apr-07 3.82 May-07 4.19 Jun-07 4.35 Jul-07 3.83 Aug-07 5.42 Sep-07 3.29 Oct-07 4 Nov-07 3.42 Dec-07 3.24 Jan-08 5.21 Feb-08 4.84 Mar-08 4.59 Apr-08 3.82 May-08 3.61 Jun-08 4.34 Jul-08 4.94 Aug-08...
FOR4. The Excel file Unemployment Rates provides data on monthly rates for 4 years. (8 pts)...
FOR4. The Excel file Unemployment Rates provides data on monthly rates for 4 years. (8 pts) a.         Develop 3- and 6-months moving average forecasts, and exponential smoothing forecasts (use alpha of your choice) b.         Using MAD as a criterion, explain which model yields better forecast? DATA: Unemployment Rates Year Month Rate (%) 2009 Jan 7.8 2009 Feb 8.3 2009 Mar 8.7 2009 Apr 9.0 2009 May 9.4 2009 Jun 9.5 2009 Jul 9.5 2009 Aug 9.6 2009 Sep...
Use the data below to answer this questions. Period Employment Jan-01 1,879.50 Feb-01 1,901.00 Mar-01 1,925.30...
Use the data below to answer this questions. Period Employment Jan-01 1,879.50 Feb-01 1,901.00 Mar-01 1,925.30 Apr-01 1,914.60 May-01 1,961.50 Jun-01 1,960.60 Jul-01 1,953.40 Aug-01 1,940.20 Sep-01 1,928.00 Oct-01 1,909.20 Nov-01 1,896.40 Dec-01 1,881.40 Jan-02 1,880.20 Feb-02 1,884.00 Mar-02 1,902.60 Apr-02 1,913.40 May-02 1,937.40 Jun-02 1,990.90 Jul-02 1,994.80 Aug-02 2,013.10 Sep-02 2,002.30 Oct-02 1,982.50 Nov-02 1,969.00 Dec-02 1,959.20 Jan-03 1,928.20 Feb-03 1,952.40 Mar-03 1,980.40 Apr-03 1,972.00 May-03 1,987.80 Jun-03 2,018.70 Jul-03 2,027.80 Aug-03 2,030.20 Sep-03 2,012.20 Oct-03 2,032.30 Nov-03 2,008.30...
Consider a portion of monthly return data (In %) on 20-year Treasury Bonds from 2006–2010. Date...
Consider a portion of monthly return data (In %) on 20-year Treasury Bonds from 2006–2010. Date Return Jan-06 3.13 Feb-06 4.15 Mar-06 3.18 Apr-06 4.94 May-06 4.34 Jun-06 4.19 Jul-06 5.12 Aug-06 5.26 Sep-06 3.81 Oct-06 3.1 Nov-06 3.87 Dec-06 4.89 Jan-07 3.94 Feb-07 3.42 Mar-07 4.13 Apr-07 3.54 May-07 4.58 Jun-07 4.19 Jul-07 4.62 Aug-07 3.89 Sep-07 3.62 Oct-07 3.92 Nov-07 4.46 Dec-07 3.23 Jan-08 4.78 Feb-08 4.71 Mar-08 5.05 Apr-08 3.46 May-08 3.15 Jun-08 4.82 Jul-08 3.87 Aug-08...
Month Year Sales JAN 2014 372012 FEB 2014 377748 MAR 2014 382915 APR 2014 387140 MAY...
Month Year Sales JAN 2014 372012 FEB 2014 377748 MAR 2014 382915 APR 2014 387140 MAY 2014 388205 JUN 2014 390346 JUL 2014 391052 AUG 2014 394458 SEP 2014 394025 OCT 2014 396158 NOV 2014 398452 DEC 2014 399105 JAN 2015 400299 FEB 2015 398314 MAR 2015 404358 APR 2015 405678 MAY 2015 407867 JUN 2015 407959 JUL 2015 410540 AUG 2015 411860 SEP 2015 412791 OCT 2015 412002 NOV 2015 414260 DEC 2015 416186 Create a time series plot...
Use the data below to answer this questions. a.) Generate a scatter of the data b....
Use the data below to answer this questions. a.) Generate a scatter of the data b. ) Report the monthly averages (January for all years, February for all years etc.) c.) Is there seasonality? Is there a trend? d.) How can you forecast the value for March 2020? Generate that forecast. e.) (Not technical) This forecast will for sure be wrong. Why? Reference period Employment 3 Persons Jan-01 1,879.50 Feb-01 1,901.00 Mar-01 1,925.30 Apr-01 1,914.60 May-01 1,961.50 Jun-01 1,960.60 Jul-01...
Rounded to the nearest whole number, what is the standard deviation for Google weekly closing prices...
Rounded to the nearest whole number, what is the standard deviation for Google weekly closing prices from December 12, 2008 to December 4, 2009? Use the data set Google Closing Prices.xlsx (in section 11 of this module) to determine your answer. NOTE: The standard deviation function in Excel (for recent versions) has .p for a population and .s for a sample. we're treating everything as a sample! 4-Dec-09 585.01 27-Nov-09 579.76 20-Nov-09 569.96 13-Nov-09 572.05 6-Nov-09 551.1 30-Oct-09 536.12 23-Oct-09...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT