TABLE 17-4 A Factory Supervisor Is Concerned That the Time It Takes

question 35

Short Answer

TABLE 17-4
A factory supervisor is concerned that the time it takes workers to complete an important production task (measured in seconds) is too erratic and adversely affects expected profits. The supervisor proceeds by randomly sampling 5 individuals per hour for a period of 10 hours. The sample mean and range for each hour are listed below.
She also decides that lower and upper specification limit for the critical-to-quality variable should be 10 and 30 seconds, respectively.
-Referring to Table 17-4, what is the value of the C_p index?

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Definitions:

Yield Ratio

A ratio that expresses the percentage of applicants who successfully move from one stage of the recruitment and selection process to the next.

Cost Per Hire

The total expenses incurred by an organization to fill a job vacancy, including advertising, recruiting, and administrative costs, divided by the total number of hires made.

Nepotism

The practice of favoring relatives or friends, especially by giving them jobs, based on their relationship rather than on their abilities or qualifications.

Realistic Job Preview

A tool used in the recruitment process to give prospective employees an honest view of the positive and negative aspects of a job, helping them make informed decisions.