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SCENARIO 15-3
a Quality Control Analyst for a Light Bulb

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SCENARIO 15-3
A quality control analyst for a light bulb manufacturer is concerned that the time it takes to produce a batch of light bulbs is too erratic.Accordingly, the analyst randomly surveys 10 production periods each day for 14 days and records the sample mean and range for each day.
 SCENARIO 15-3 A quality control analyst for a light bulb manufacturer is concerned that the time it takes to produce a batch of light bulbs is too erratic.Accordingly, the analyst randomly surveys 10 production periods each day for 14 days and records the sample mean and range for each day.     \begin{array}{ccc} \underline{\text { Day }}&\underline{ \bar{X} \text { (inminutes)  }}& \underline{\text { R}}\\ 1 & 58.5 & 5.1 \\ 2 & 47.6 & 7.8 \\ 3 & 64.3 & 6.1 \\ 4 & 60.6 & 5.7 \\ 5 & 63.7 & 6.2 \\ 6 & 57.5 & 6.0 \\ 7 & 55.0 & 5.4 \\ 8 & 54.9 & 6.1 \\ 9 & 55.0 & 5.9 \\ 10 & 62.7 & 5.0 \\ 11 & 61.9 & 7.1 \\ 12 & 60.0 & 6.5 \\ 13 & 58.3 & 5.9 \\ 14 & 52.0 & 5.2 \end{array}  -Referring to SCENARIO 15-3, suppose the analyst constructs an X chart to see if the production process is in-control.What is the lower control limit (LCL)  for this chart?   A) 47.60 B) 56.15 C) 57.15 D) 58.05  Day Xˉ (inminutes)   R158.55.1247.67.8364.36.1460.65.7563.76.2657.56.0755.05.4854.96.1955.05.91062.75.01161.97.11260.06.51358.35.91452.05.2\begin{array}{ccc}\underline{\text { Day }}&\underline{ \bar{X} \text { (inminutes) }}& \underline{\text { R}}\\1 & 58.5 & 5.1 \\2 & 47.6 & 7.8 \\3 & 64.3 & 6.1 \\4 & 60.6 & 5.7 \\5 & 63.7 & 6.2 \\6 & 57.5 & 6.0 \\7 & 55.0 & 5.4 \\8 & 54.9 & 6.1 \\9 & 55.0 & 5.9 \\10 & 62.7 & 5.0 \\11 & 61.9 & 7.1 \\12 & 60.0 & 6.5 \\13 & 58.3 & 5.9 \\14 & 52.0 & 5.2\end{array}
-Referring to SCENARIO 15-3, suppose the analyst constructs an X chart to see if the production process is in-control.What is the lower control limit (LCL) for this chart?  SCENARIO 15-3 A quality control analyst for a light bulb manufacturer is concerned that the time it takes to produce a batch of light bulbs is too erratic.Accordingly, the analyst randomly surveys 10 production periods each day for 14 days and records the sample mean and range for each day.     \begin{array}{ccc} \underline{\text { Day }}&\underline{ \bar{X} \text { (inminutes)  }}& \underline{\text { R}}\\ 1 & 58.5 & 5.1 \\ 2 & 47.6 & 7.8 \\ 3 & 64.3 & 6.1 \\ 4 & 60.6 & 5.7 \\ 5 & 63.7 & 6.2 \\ 6 & 57.5 & 6.0 \\ 7 & 55.0 & 5.4 \\ 8 & 54.9 & 6.1 \\ 9 & 55.0 & 5.9 \\ 10 & 62.7 & 5.0 \\ 11 & 61.9 & 7.1 \\ 12 & 60.0 & 6.5 \\ 13 & 58.3 & 5.9 \\ 14 & 52.0 & 5.2 \end{array}  -Referring to SCENARIO 15-3, suppose the analyst constructs an X chart to see if the production process is in-control.What is the lower control limit (LCL)  for this chart?   A) 47.60 B) 56.15 C) 57.15 D) 58.05


Definitions:

Straight-Line Method

A method of calculating depreciation of an asset where the asset's cost is reduced equally over its useful life.

Amortize Discount

The process of gradually reducing the discount on a bond over the life of the bond.

Bonds Payable

Bonds payable refers to the long-term debt a company owes to bondholders, representing the amount that is due to be paid back at the bond's maturity date along with periodic interest payments.

Straight-Line Method

A depreciation method that allocates an equal amount of the asset's cost to each accounting period of its useful life.

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