ALCULATING FOR PARTIAL CREDIT. cunyFirst COMPANY X purchases and resells widgets. Holding one widget in inventory for one-year costs the firm 39. The firm purchase widgets in lots of 24. Demand for widgets is 3 per week. Each time the firm orders widgets from the supplier, there is a 544 charge for What is the total transportation cost incurred by the firm over one year (52 weeks)? Show formula with numbers transportation. before calculating. [2,2] A grinding process has an upper specification of 1.650 inches and a lower specification of 1.500 inches. A sample of parts had a mean of 1.57 inches with a standard deviation of 0.025 inches. What is the process capability index for this system? [2] A quality-control technician has been monitoring the output of a milling machine. Each day, the technician selects a random sample of 25 parts to measure and plot on the control chart. Over 10 days, the average diameter was 1.042 millimeters with a standard deviation of 0.015 millimeters. Calculate the Estimated Standard Deviation. [2] hat is the upper control limit (UCL) for an X-bar chart of this data? [2] A company purchases wood for use in its products. The firm uses 800 pounds of wood per week and purchases wood for $3.5 per pound from a supplier. The cost to hold one pound of wood in inventory for one year is $0.75. Each time the firm orders wood from the supplier, the firm must pay a $41 order processing charge. The company works 50 weeks a year. What is the optimal order quantity (in pounds)? [2,2] Show formula with numbers before calculating.