Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Questions The first major concern is the amount of time clients are being billed for that is spent on associates developing slide decks / pitch
Questions
The first major concern is the amount of time clients are being billed for that is spent on associates developing slide deckspitch books. To determine whether or not the current analysts are spending an appropriate amount of time on these tasks, Sam collected data on the number of hours spent on slide decks for different engagements for each of the most recent weeks. Sam also collected historical data about the time spent on similar documents for a similar length of time two years ago before any client complaints had occurred. The data is available in the ASlideDeckTimeSpent.xlst Excol filc.
a Which data is more appropriate for Sam to use to develop the limits for mean a and range charts? Provide some written justification for your choice.
b Using the A method, determine the appropriate control limits for both a mean and range charts. Plot the more recent observations on the control charts, and discuss any potential concerns. Address not only whether the process is inout of control, but also any important patterns that you identify.
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