SCENARIO 15-9
the Manufacturer of Canned Food Constructed Control Charts

question 20

Short Answer

SCENARIO 15-9
The manufacturer of canned food constructed control charts and analyzed several quality characteristics.One characteristic of interest is the weight of the filled cans.The lower specification limit for weight is 2.95 pounds.The table below provides the range and mean of the weights of five cans tested every fifteen minutes during a day's production. $\begin{array}{|r|r|r|r|r|r|}\hline \text { Number } & \text { XBar } &{\text { Range }} & \text { Number } & \text { XBar } & {\text { Range }} \\\hline 1 & 3.05072 & 0.0215 & 16 & 3.04646 & 0.073 \\\hline 2 & 3.01228 & 0.087 & 17 & 3.03868 & 0.0696 \\\hline 3 & 3.03558 & 0.0851 & 18 & 3.03338 & 0.0329 \\\hline 4 & 3.01014 & 0.0674 & 19 & 3.03322 & 0.0455 \\\hline 5 & 3.00858 & 0.0983 & 20 & 3.05078 & 0.0215 \\\hline 6 & 3.02704 & 0.0527 & 21 & 3.04808 & 0.0396 \\\hline 7 & 3.04268 & 0.0508 & 22 & 3.05348 & 0.0581 \\\hline 8 & 3.01052 & 0.0791 & 23 & 3.05516 & 0.0682 \\\hline 9 & 3.03464 & 0.0663 & 24 & 3.03426 & 0.0325 \\\hline 10 & 3.02034 & 0.0538 & 25 & 3.0516 & 0.0641 \\\hline 11 & 3.03764 & 0.0584 & 26 & 3.05562 & 0.0809 \\\hline 12 & 3.0409 & 0.0434 & 27 & 3.04402 & 0.0374 \\\hline 13 & 3.0519 & 0.0762 & 28 & 3.06458 & 0.0284 \\\hline 14 & 3.03994 & 0.0833 & 29 & 3.0544 & 0.0738 \\\hline 15 & 3.03788 & 0.0601 & & & \\\hline\end{array}$
-Referring to SCENARIO 15-9, an R chart is to be constructed for the weight.The lower control limit for this data set is .

Recognize the role of marginal cost and consumer surplus in determining the efficient production and consumption of goods.

Distinguish between equitable and efficient policy changes and their societal impacts.

Understand the importance of competitive factor markets for efficient resource allocation among firms.

Explain the concept of Pareto improvements and their limitations in real-world trade and policy.

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