In a small town, there are only two stores, ABC and XYZ that handle sundry goods. The total number of customers is equally divided between the two, because price and quality of goods sold are equal. Both stores have good reputation in the community, and they render quality good customer run annual pre-New Year sales during the first week of January. Sales are advertised through a local newspaper, radio and television media. With the aid of an advertising firm store ABC constructed the game matrix given below.(Figures in the matrix represent a gain or loss of customers).
|
| Strategy of XYZ | ||
| Strategy of ABC | Newspaper | Radio | Television |
| Newspaper Radio Television | 30 0 90 | 40 15 20 | – 80 – 20 50 |
Determine optimal strategies for both ABC and XYZ.
Firstly we search the saddle point of the game and find that there is no saddle point. Now using dominance rules the size of the game is reduced
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A factory producing dry-cells wanted to test the life of cells produced daily. The cells will be considered satisfactory if their life is 25 hours. For this, a sample of 4 cells was drawn on 7 consecutive days. The results are as follows:
| Day 1 | Day 2 | Day 3 | Day 4 | Day 5 | Day 6 | Day 7 |
| 24 20 25 20 | 16 23 23 20 | 20 25 24 21 | 26 18 28 20 | 20 22 24 22 | 25 23 25 20 | 26 24 20 25 |
In a small town, there are only two stores, ABC and XYZ that handle sundry goods. The total number of customers is equally divided between the two, because price and quality of goods sold are equal. Both stores have good reputation in the community, and they render quality good customer run annual pre-New Year sales during the first week of January. Sales are advertised through a local newspaper, radio and television media. With the aid of an advertising firm store ABC constructed the game matrix given below.(Figures in the matrix represent a gain or loss of customers).
|
| Strategy of XYZ | ||
| Strategy of ABC | Newspaper | Radio | Television |
| Newspaper Radio Television | 30 0 90 | 40 15 20 | – 80 – 20 50 |
A glass manufacturer produces hand mirrors. Each mirror is supposed to meet company standards for such things as glass, color of handle, and so on. To control for these features, the company quality people randomly sample 40 mirrors in every shift and determine how many of the mirrors are out of compliance on at least one feature. Shown here are the data for 15 such samples.
| Sample | Number out of Compliance | Sample | Number out of Compliance |
| 1 2 3 4 5 | 2 0 6 3 1 | 6 7 8 9 10 | 0 4 3 2 2 |
An office supply company ordered a lot of 4,000 pens. When the lot arrives the company inspector will randomly inspect 15 pens. If more than three pens in the sample are non- conforming, the lot will be rejected. If fewer than two pens are non-conforming, the lot will be accepted. If two, three pens are non-conforming, a second sample of size 10 will be taken. The value of c2 is 3. Suppose the inspector finds two nonconforming items in the first sample and two in the second sample. Also AQL and LTPD are 0.05 and 0.10 respectively. Let incoming quality be 4%.
i) What type of acceptance plan is used here?
ii) What is the probability of accepting the lot at the first sample?
iii) What is the probability of accepting the lot at the second sample?
A leather bag manufacturing company supplies bags in lots of size 150 to a buyer. A single sampling plan with n = 10 and c = 1 is being used for the lot inspection. The company and the buyer decide that AQL = 0.08 and LTDD = 0.16. If there are 15 defective bags in each lit, compute the
i) Probability of accepting the lot,
ii) Producer’s risk and consumer’s risk,
iii) AOQ, if the rejected lots are screened and all defective bags are replaced by non- defectives, and
iv) Average total inspection
A process of manufacturing an item is in statistical control with
= 250 and
= 3.5.
The specification limits of the process are 200 ± 8 1.90. Calculate the process capability. Does it appear that the manufacturing process is capable of meeting the specification requirements? (d2 = 2.059)
The manager of a Flower Shop promises its customers delivery within four hours on all flower orders. All flowers are purchased on the previous day and delivered to Parker by 8.00 AM the next morning. The daily demand for roses is as follows:
| Dozens of roses | 150 160 170 200 |
| Probability | 0.2 0.3 0.4 0.1 |