The Money Pit Mortgage Company is interested in monitoring the performance of the mortgage process. Fifteen samples
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Subsequently, samples of size 5 were taken from the process every week for the next 10 weeks. The times were measured and the following results obtained:
a. Construct the control charts for the mean and the range using the original 15 samples.
b. On the control charts developed in part (a), plot the values from samples 16 through 25 and comment on whether the process is in control.
c. In part (b), if you concluded that the process was out of control, would you attribute it to a drift in the mean or an increase in the variability, or both? Explain youranswer.
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Related Book For
Operations management processes and supply chain
ISBN: 978-0136065760
9th edition
Authors: Lee J Krajewski, Larry P Ritzman, Manoj K Malhotra
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