subject
Business, 09.05.2021 01:10 ineedhelp2285

The Money Pit Mortgage Company is interested in monitoring the performance of the mortgage process. Fifteen samples of five completed mortgage transactions each were taken during a period when the process was believed to be in control. The times to complete the transactions were measured. The means and ranges of the mortgage process transaction​ times, measured in​ days, are as​ follows: Sample:1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Mean:15 12 6 15 10 10 13 14 11 12 13 7 9 7 10
Range:5 10 3 7 8 13 11 14 9 9 10 5 8 10 12

​Subsequently, samples of size 5 were taken from the process every week for the next 10 weeks. The times were measured and the following results​ obtained:
Sample:16 17 18 19 20 21 22 23 24 25
Mean:8 12 7 13 15 16 11 20 18 16
Range:7 10 5 3 11 12 10 9 7 5

Factors for calculating​ three-sigma limits for the ​-chart and​ R-chart
Factors for calculating​ three-sigma limits for the
x overbar x​-chart and​ R-chart
Size of Sample​ (n)
Factor for UCL and LCL for
x overbarx​-chart
​(Upper A 2A2​)
Factor for LCL for​ R-Chart
​(Upper D 3D3​)
Factor for UCL for​ R-Chart
​(Upper D 4D4​)
2. 1.880,0,3.267
3. 1.023,0,2.575
4. 0.729,0,2.282
5. 0.577,0,2.115
6.0.483,0,2.004
7. 0.419,0.076,1.924
8. 0.373,0.136,1.864
9. 0.337,0.184,1.816
10. 0.308,0.223,1.777

Construct the control charts for the mean and the​ range, using the original 15 samples.
Set up the​ R-chart by specifying the center line and​ three-sigma control limits below. ​(Enter your responses rounded to two decimal​ places.)

R-chart
UCLR=
R=
LCLR=

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 16:00
Common problems that can arise among groups. explain in four or five sentences what can cause the specific or general problem. in addition, explain what impact that conflict can have on group cohesion as well as productivity.
Answers: 1
question
Business, 22.06.2019 01:10
Suppose someone wants to sell a piece of land for cash. the selling of a piece of land represents turning econ
Answers: 3
question
Business, 22.06.2019 04:30
The lee family is looking to buy a house in one of two suburban areas just outside of a major city, and air quality is a top priority for them. overall air quality is calculated by taking measures in 100 locations within each suburb and then calculating a measure of central tendency. in one suburb, there is a major bus station that creates very poor air quality at its location but has no impact in the surrounding parts of the suburb. in this situation, which measure of overall suburb air quality would be most useful?
Answers: 3
question
Business, 22.06.2019 06:00
Why might a business based on a fad be a good idea? question 2 options: fads bring in the most customers. some fads are longer lasting than expected. fads have made some business owners incredibly wealthy. fads can take a business in a new direction.
Answers: 2
You know the right answer?
The Money Pit Mortgage Company is interested in monitoring the performance of the mortgage process....
Questions
question
Mathematics, 23.04.2020 03:29
question
Mathematics, 23.04.2020 03:29
question
Mathematics, 23.04.2020 03:29
Questions on the website: 13722367