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anova 2 ) A company is contemplating redesigning one of its business process to reduce the time required to complete the process and reduce operating
anova A company is contemplating redesigning one of its business process to reduce the
time required to complete the process and reduce operating costs. The company
has developed a simulation model for its current process design and two proposed
design changes. replications were performed using common random numbers.
The following table displays the completion times in hours for the current design and
each proposed design.
Replication Completion Time Current Design hours Completion Time Proposed Design A hours Completion Time Proposed Design B hours
b Calculate the sample mean and variance for the completion times for each
design and discuss the apparent effectiveness of the proposed design changes
with respect to reducing the process completion time.
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