McDaniel Shipyards Wants to Develop Control Charts to Assess the Quality

question 17

Essay

McDaniel Shipyards wants to develop control charts to assess the quality of its steel plate. They take ten sheets of 1" steel plate and compute the number of cosmetic flaws on each roll. Each sheet is 20' by 100'. Based on the following data, develop limits for the control chart, plot the control chart, and determine whether the process is in control.
$$\begin{array} { | c | c | } \hline \text { Sheet } & \begin{array} { c } \text { Number of } \\\text { flaws }\end{array} \\\hline 1 & 1 \\\hline 2 & 1 \\\hline 3 & 2 \\\hline 4 & 0 \\\hline 5 & 1 \\\hline 6 & 5 \\\hline 7 & 0 \\\hline 8 & 2 \\\hline 9 & 0 \\\hline 10 & 2 \\\hline\end{array}$$

---

Definitions:

Taxes

Compulsory financial charges or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund government spending and various public expenditures.

Fiscal Policy

A government's use of spending and taxation to influence the economy.

Money Supply

The total amount of monetary assets available in an economy at any specific time, including cash, coins, and balances held in checking and savings accounts.

National Debt

describes the total amount of money that a country's government has borrowed and not yet repaid.