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Training cost $6,500 and a project required an initial investment of $47,500. If the project yields monthly savings of $3,500 beginning after 4 months, what is the payback period in months, before money costs and taxes?
A periodic time frame can be used to arrange for Control Limit and Center Line calculations with good SPC implementation in a process.
A Belt gathered the following defect data for a shoe production line and wanted to assemble it into a Pareto Chart. The correct order from left to right in the chart would be:
Data:
Cutting38
Forming17
Stitching56
Sealing42
A Belt gathered the following defect data for a shoe production line and wanted to assemble it into a Pareto Chart. The correct order from left to right in the chart would be:
Data:
Cutting38
Forming17
Stitching56
Sealing42
Conducting a viable Capability Analysis using Attribute Data one must obtain a fairly large sample set to be statistically sound.
