1) Faastprint has identified the following costs given in the table for the month of December 22. a) Classify the various quality costs into the different quality cost categories (prevention, appraisal, Internal failure, external failure). b) Analyze the costs/costs categories and suggest which areas Faastprint should address first in an effort to improve their quality. Cost Proofreading Quality planning Reprinting caused by inspector rejection of product Discarded material due to machine failure Inspection of printed product Reprinting due to customer complaints Quality Improvement projects Correction of typographical errors found after proofreading Amount $70,000 $10,000 $405,000 $75,000 $60,000 $40,000 $20,000 $30,000 2) The specification for a Lindemann's stainless steel chimney liner requires a thickness of 7.1 mm t 0.1 mm. The firm's quality analyst determines that the liner process operates at a mean thickness of 7.13 mm with the standard deviation of the process being 0.02 mm. a) Calculate the upper and the lower limits for the stainless steel chimney liner. b) Calculate the Cp and Cpk for this process. 3) The Omnigroup stocks and sells Kipor generators. The firm gathered the following information from its Kathmandu office: Demand =D=19,500 units per year Ordering cost-$- $25.60 per order Holding cost=H=$4.40 per unit per year The firm wants to calculate the: a) EOQ for the Kipor generators. b) Annual holding costs for the Kipor generators. c) Annual ordering costs for the Kipor generators. Hint: EOQ-square root of (2DS/H) Annual Holding Cost = (Q/2) H Annual Ordering Cost = (D/Q) S Also, see pages 208 and 209 in the text. 4) Rane Brake Linings gathered information for its brake lining components as presented in the table below. How would the firm classify these items according to an ABC classification system? Part # 10 11 12 13 14 15 16 Initial Information Unit Cost 10 30 9 12 50 6 100 Annual Demand 200 125 100 5000 195 300 70