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Question 1:

A company that makes car accessories. The company control its production process by periodically taking a sample of 99 units from the production line. Each product is inspected for defective features. Control limits are developed using three standard deviations from the mean as the limit. During the last 12 samples taken, the proportion of defective items per sample was recorded as follows:

0.01

0.03

0.0

0.04

0.01

0.01

0.00

0.01

0.02

0.02

0.03

0.03

a. Determine the mean proportion defective, the UCL, and the LCL? (word count maximum:150)

b. Draw a control chart and plot each of the sample measurements on it? (word count maximum:100)

c. Does it appear that the process for making tees is in statistical control? (word count maximum:100)

Question 2:

A Chemical Company estimates the annual demand for a certain product as follows:

Week

1

2

3

4

5

6

Demand

649

524

561

738

511

600

  • Forecast the demand for week 7 using a five-period moving average? (word count maximum:100)
  • Forecast the demand for week 7 using a three-period weighted moving average. Use the following weights: W1 = .5, W2 = .3, W3 = .2.? (word count maximum:100)
  • Forecast the demand for week 7 using exponential smoothing. Use an α value of .1 and assume the forecast for week 6 was 602 units? (word count maximum:100)
  • What assumptions are made in each of the above forecasts? (word count maximum:150)

  • Use academic writing standards and APA style guidelines.
  • Support your submission with course material concepts, principles, and theories from the textbook and at least two scholarly, peer-reviewed journal articles unless the assignment calls for more
  • Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.
  • All answered must be typed using Times New Roman (size 12, double-spaced)

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