Question
I paid for this question last week and no answer. Please help thanks Operations and production managers often use the normal distribution as a probability
I paid for this question last week and no answer. Please help thanks
Operations and production managers often use the normal distribution as a probability model to forecast demand in order to determine inventory levels, manage the supply chain, control production and service processes, and perform quality assurance checks on products and services.The information gained from such statistical analyses help managers optimize resource allocation and reduce process time, which in turn often improves profit margins and customer satisfaction.
Based on your understanding of the characteristics of the normal distribution, examine the chart below.Process Astandard deviation is .9, Process B standard deviation is 1.4, and the mean of both processes is 12.Contribute to our discussion by posting a response toONEof the questions below.
- Do either of the processes below fit a normal distribution?Why or why not?
- Which of the processes shows more variation?What does this mean practically?
- If the product specification quality limits were 12 +/- 3, which of the processes more consistently meets specification?Explain why.
- If the product specification quality limits were changed to 12 +/- 6, is quality loosening or tightening?Which process would benefit the most from this change?
- Are there processes at your place of employ that you believe follow a normal distribution?If so, describe one.Why do you believe it is normal?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started