Question

A manufacturer produces a line of tableware made from sand casting a special alloy of several...

A manufacturer produces a line of tableware made from sand casting a special alloy of several metals. After casting, the pieces go through a series of shaping, grinding, buffing, and polishing steps. The manufacturer recently began a program to study the total time spent on the grinding, buffing, and polishing steps across their entire product line. The distribution surrounding the random variable representing the total time (in minutes) spent in grinding, buffing, and polishing can be modeled by a normal distribution with6.48=μ and variance=6892.

a.Management has given the production supervisor a goal of having parts complete the grinding, buffing, and polishing operations in less than 1 hour. What is the probability of a part completing all three operations in less than 1 hour? What can the production supervisor tell management about their current status in meeting the goal? (2 points)

b.The production supervisor would like to know the number of minutes for which 90% of the parts have a grinding, buffing, and polishing time less than or equal to this value. He needs this information so that he can report to management that “90% of our parts complete grinding, buffering, and polishing in no more than X minutes.” What should he report to management? (2 points)

Homework Answers

Answer #1

Let X be the total time in minutes        
X follows normal distribution mean μ and standard deviation σ        
Given μ = 64.8  σ = sqrt(variance) = sqrt(6892) = 83.0181     
         
a) To find P(a part completing all three operations in less than 1 hour)        
that is to find P(X < 60 minutes)        
We use Excel function NORM.DIST to find the probability        
P(X < 60) = NORM.DIST(60, 64.8, 83.0181, TRUE)        
                   = 0.4769        
P(a part completing all three operations in less than 1 hour) = 0.4769        
         
b) Let X' be the number of minutes for which 90% of the parts have a total time less than or equal to this value        
Then P(X < X') = 0.90        
We use Excel function NORM.INV to find X'        
X' = NORM.INV(0.9, 64.8, 83.0181)        
                   = 171.192        
No. of minutes for which 90% of the parts have a total time less than or equal to this value = 171.19 minutes        
         

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
Complete in Excel: A manufacturer produces four parts: XJ201, XM897, TR29, and BR788. The net profit...
Complete in Excel: A manufacturer produces four parts: XJ201, XM897, TR29, and BR788. The net profit per unit are $9, $12, $15, and $11 respectively. The products are each processed in the wiring and drilling departments then go to assembly. The final step in the plant is a final inspection. The time in minutes spent at each of the four departments is listed in the following table:                         Wiring             Drilling            Assembly        Inspection XJ201             30                    180                  120                  30 XM897           90                    60                   ...
A manufacturer produces four parts: XJ201, XM897, TR29, and BR788. The net profit per unit are...
A manufacturer produces four parts: XJ201, XM897, TR29, and BR788. The net profit per unit are $9, $12, $15, and $11 respectively. The products are each processed in the wiring and drilling departments then go to assembly. The final step in the plant is a final inspection. The time in minutes spent at each of the four departments is listed in the following table:                         Wiring             Drilling            Assembly        Inspection XJ201             30                    180                  120                  30 XM897           90                    60                    240                  60 TR29              ...
Babaloo leather company produces briefcases from leather, fabric, and synthetic materials in a single production department....
Babaloo leather company produces briefcases from leather, fabric, and synthetic materials in a single production department. The basic product is a standard briefcase made from leather and lined with fabric. Babaloo has a good reputation in the market because the standard briefcase is a high-quality item that has been produced for many years. Last year, the company decided to expand its product line and produce specialty briefcases for special orders. These briefcases differ from the standard in that they vary...
Fine Clothing Company produces Jackets from leather, fabric, and synthetic materials in a single production department....
Fine Clothing Company produces Jackets from leather, fabric, and synthetic materials in a single production department. The basic product is a standard jacket made from leather and lined with fabric. Fine Clothing has a good reputation in the market because the standard jacket is a high-quality item that has been produced for many years. Last year, the company decided to expand its product line and produce specialty jackets for special orders. These jackets differ from the standard in that they...
*** Please show excel formulas, thanks *** Babaloo leather company produces briefcases from leather, fabric, and...
*** Please show excel formulas, thanks *** Babaloo leather company produces briefcases from leather, fabric, and synthetic materials in a single production department. The basic product is a standard briefcase made from leather and lined with fabric. Babaloo has a good reputation in the market because the standard briefcase is a high-quality item that has been produced for many years. Last year, the company decided to expand its product line and produce specialty briefcases for special orders. These briefcases differ...
Fine Clothing Company produces Jackets from leather, fabric, and synthetic materials in a single production department....
Fine Clothing Company produces Jackets from leather, fabric, and synthetic materials in a single production department. The basic product is a standard jacket made from leather and lined with fabric. Fine Clothing has a good reputation in the market because the standard jacket is a high-quality item that has been produced for many years. Last year, the company decided to expand its product line and produce specialty jackets for special orders. These jackets differ from the standard in that they...
Cascade Seating Inc. is a large manufacturer of automobile seat covers. Jan Davis, the controller just...
Cascade Seating Inc. is a large manufacturer of automobile seat covers. Jan Davis, the controller just received a disturbing call from the plant manager, Dave Garcia. General Motors had just downgraded Cascade from preferred supplier to backup supplier. GM cited the inconsistent fit of the seat covers as the reason, and suggested to Dave that he read an article “How Velcro Got Hooked on Quality.”9 GM had downgraded Velcro a few years back in a similar fashion, but Velcro had...
Case Study 7-2 FIVE STAR TOOLS Five star tools is a small family -owned firm that...
Case Study 7-2 FIVE STAR TOOLS Five star tools is a small family -owned firm that manufactures diamond -coated cutting tools( chisels and saws) used by jewelers. Production involves three major processes. First, steel “ blanks” (tools without the diamond coating) are cut to size. Second, the blanks are sent to a chemical bath that prepares the tools for the coating process. In the third major process, the blanks are coated with diamond chips in a proprietary process that simultaneously...
The Nataraj Metal Products Company (hereinafter referred to as the Nataraj), has it manufacturing plant at...
The Nataraj Metal Products Company (hereinafter referred to as the Nataraj), has it manufacturing plant at Arani and employs about 500 workers. It produces a variety of metal products such as brass knobs, steel frames, collapsible iron gates, chromium handles and so on. Orders for these are placed by building contractors in and around Madras but the volume of orders fluctuates, with the rainy season being the slowest period. The company is reputed for quality products delivered on time and...
Sign In INNOVATION Deep Change: How Operational Innovation Can Transform Your Company by Michael Hammer From...
Sign In INNOVATION Deep Change: How Operational Innovation Can Transform Your Company by Michael Hammer From the April 2004 Issue Save Share 8.95 In 1991, Progressive Insurance, an automobile insurer based in Mayfield Village, Ohio, had approximately $1.3 billion in sales. By 2002, that figure had grown to $9.5 billion. What fashionable strategies did Progressive employ to achieve sevenfold growth in just over a decade? Was it positioned in a high-growth industry? Hardly. Auto insurance is a mature, 100-year-old industry...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT