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Because of high production-changeover time and costs, a director of manufacturing must convince management that a proposed manufacturing method reduces costs before the new method
Because of high production-changeover time and costs, a director of manufacturing must convince management that a proposed manufacturing method reduces costs before the new method can be implemented. The current production method operates with a mean cost of $220 per hour. A research study will measure the cost of the new method over a sample production period.
(a) | Develop the null and alternative hypotheses most appropriate for this study. | ||||
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(b) | Comment on the conclusion when H0 cannot be rejected. | ||||
When H0 cannot be rejected, there - Select your answer -is notisItem 5 enough evidence to conclude that the proposed manufacturing method - Select your answer -changesdoes not changereducesincreasesItem 6 costs. | |||||
(c) | Comment on the conclusion when H0 can be rejected. | ||||
When H0 can be rejected, there - Select your answer -is notisItem 7 enough evidence to conclude that the proposed manufacturing method - Select your answer -changesdoes not changereducesincreasesItem 8 costs. |
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