Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Each day, a FedEx competitor processes approximately 60,000 shipments. Suppose that they use the same Service Quality Index as FedEx and identified the following numbers

Each day, a FedEx competitor processes approximately 60,000 shipments. Suppose that they use the same Service Quality Index as FedEx and identified the following numbers of errors during a 5-day week (see the "FedEx: Measuring Service Performance" box). These values are hypothetical and do not reflect any real company's actual performance.

Description Weight Number of Errors

Complaints reopened 3 110

Damaged packages 10 18

International 1 107

Invoice adjustments 1 287

Late pickup stops 3 203

Lost packages 10 5

Missed proof of delivery 1 25

Right date late 1 751

Traces 3 119

Wrong day late 5 15

Compute the Service Quality Indicator by finding the weighted sum of errors as a percentage of total shipments. Do not round intermediate calculations. Round your answer to three decimal places.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

An Introduction to Measure Theoretic Probability

Authors: George G. Roussas

2nd edition

128000422, 978-0128000427

More Books

Students also viewed these Mathematics questions