5-2 Scenario Analysis (Computer Chips)

5-2 Scenario Analysis (Computer Chips) - QSO-510 Professor...

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QSO-510 Professor: A. Duhon 5-2 Scenario Analysis (Computer Chips) A manufacturer of computer chips has a computer hardware company as its largest customer. The computer hardware company requires all of its chips to meet specifications of 1.2 cm. The vice- president of manufacturing, concerned about a possible loss of sales, assigns his production manager the task of ensuring that chips are produced to meet the specification of 1.2 cm. Based on the production run from last month, a 95% confidence interval was computed for the mean length of a computer chip resulting in: 95% confidence interval: (0.9 cm, 1.1 cm) 1. What are the elements that the production manager should consider in determining his company’s ability to produce chips that meet specifications? The production manager should consider the mean length and standard deviation of the computer chips produced in determining his company’s ability to produce chips that meet specifications (this is assuming that his plant has already met the other technical
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  • Spring '13
  • WenjunGu
  • Statistics, Limit of a function, Vice President of the United States, Limit superior and limit inferior

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