A Nabisco Fig Newton has a process mean weight of 14.00 g with a standard deviation of 0.10 g. The lower specification limit is 13.40 g and the upper specification limit is 14.60 g.
(a) Describe the capability of this process, using the techniques you have learned.
(b) Would you think that further variance reduction efforts would be a good idea? Explain the pros and cons of such an effort. Hint: Use the economic concept of opportunity cost.