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Floyd Electric is fabricating flanges for a new electrical motor. The flange is to be 25 millimeters in diameter with an upper tolerance limit of 26.5 millimeters and a lower tolerance limit of 23.5 millimeters. Bill Floyd took a sample consisting of ten flanges, measured the diameter and recorded the observations in the table.
What is Floyd Electric's process capability?
Distribution System
A distribution system is the network through which a company delivers its products or services to the end consumers.
Law of Small Numbers
A cognitive bias that leads individuals to draw broad conclusions from small data sets or a limited number of observations.
Representativeness Heuristic
A cognitive shortcut that involves judging the likelihood of an event by comparing it to an existing prototype that comes to mind, often leading to errors in decision making.
Availability Bias
A cognitive bias where individuals overestimate the importance of information readily available to them.
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