SCENARIO 19-7 A Supplier of Silicone Sheets for Producers of Computer Chips

question 114

Short Answer

SCENARIO 19-7
A supplier of silicone sheets for producers of computer chips wants to evaluate her manufacturing process.She takes samples of size 5 from each day's output and counts the number of blemishes on each silicone sheet.The results from 20 days of such evaluations are presented below.
She also decides that the upper specification limit is 10 blemishes.
-Referring to Scenario 19-7,an R chart is to be constructed for the number of blemishes.The lower control limit for this data set is .

---

Definitions:

Mutually Exclusive

Describes options or projects that cannot both be chosen such that if one is selected, the other must be rejected.

Value Foregone

The potential value lost when choosing one investment or action over another, often considered an opportunity cost.

Required Rate of Return

The minimum return an investor expects to achieve on an investment, considering the risk involved.

NPV

Net Present Value (NPV) is a financial metric used to evaluate the profitability of an investment or project, calculated as the difference between the present value of cash inflows and outflows over a period of time.