Use the Given Process Data to Construct a Control Chart

question 14

Essay

Use the given process data to construct a control chart for p
-A machine that is supposed to fill small bottles to contain 20 ml yields the following data from a test of 4 bottles every hour.
$\begin{array}{l|llll|l|l}S&&&A&&M&R\\\hline1 & 19.9 & 20.1 & 20.2 & 20.3&20 .125 & 0.4 \\2 & 20.4 & 20.0 & 20.3 & 20.3 & 20.25 & 0.4 \\3 & 20.0 & 20.7 & 20.4 & 20.3 & 20.35 & 0.7\\4 & 20.4 & 20.1 & 20.1 & 19.9&20 .125 & 0.5 \\5 & 19.9 & 19.8 & 19.6 & 19.5 & 19.7 & 0.4 \\6 & 19.4 & 19.4 & 19.6 & 19.7&19 .525 & 0.3\\7 & 19.8 & 19.4 & 19.6 & 19.7&19 .625&0 .4 \\8 & 19.9 & 19.8 & 20.0 & 20.0&19 .925 & 0.2 \\9 & 20.2 & 20.3 & 20.1 & 20.3&20 .225 & 0.2\\10 & 20.0 & 20.3 & 20.0 & 20.2&20 .125&0 .3 \\11 & 20.3 & 20.5 & 20.1 & 20.2&20 .275&0 .4 \\12 & 20.1 & 19.9 & 19.8 & 19.7&19 .875&0 .4\\13 & 19.5 & 19.8 & 19.7 & 19.6 & 19.65 & 0.3 \\14 & 19.4 & 19.8 & 19.8 & 19.4 & 19.4 & 0.4 \\15 & 19.5 & 19.6 & 19.6 & 19.9 & 19.65 & 0.4\\\end{array}$

Evaluate industry performance using return on equity (ROE) and other financial metrics.

Understand investment strategies related to the industry life cycle stages.

Grasp the concept of fundamental analysis in forecasting firm performance.

Understand Porter's five forces of competition and their impact on markets.