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Q: 1
Perform a risk analysis to determine the expected profit or (loss) from a project which has four possible disjoint outcomes: Outcome A shows a profit of $340,000 and has a probability of 0.25 Outcome B shows a profit of $120,000 and has a probability of 0.40 Outcome C shows a loss of $40,000 and has a probability of 0.10 Outcome D shows a profit of $100,000 and has a probability of 0.25
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Q: 2
A team wants a technique for improving consistency of assembly operations. They should use:
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Q: 3
A team wants a technique for obtaining a large number of possible reasons for excess variation in a dimension. They should use:
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Q: 4
There are 14 different defects that can occur on a completed time card. The payroll department collects 328 cards and finds a total of 87 defects. DPU =
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Q: 5
An automatic gaging system is to be installed in a process. The gage will insert data values into a data base from which machine adjustments will be made automatically. A critical factor in specifying the equipment is:
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Q: 6
The number of factors, levels and replications:
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Q: 7
A pharmaceutical manufacturer is designing an experiment to test four different capsule ingredients designed to reduce dissolution time. Each ingredient will be tested at 10 milligrams and 40 milligrams. A full factorial design is used with five replications per run. The number of levels, factors and runs is, respectively:
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Q: 8
Calculate the interaction effect:
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Q: 9
Which value of x will minimize transmitted noise? ASQ CSSBB question
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Q: 10
Deming called the technique of studying a sample to gain understanding of the distribution of a population an “enumerative study.” His main objection to these studies was:
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