Question: Individual Moving Range Chart Exam A local print shop is attempting to improve its sales. The have gathered total weekly sales over the last 2
Individual Moving Range Chart Exam
A local print shop is attempting to improve its sales. The have gathered total weekly sales over the last weeks. Please use a control chart to analyze the data and recommend next steps based on your interpretation of the chart. The data follow:
Week Weekly Sales $s
a The average of the individual data points
b the average of the moving ranges
c The upper and lower control limits for the individual x chart
d The upper and lower control limits for the moving range MR chart
e An interpretation of the completed chart.
f What next steps should be taken based on the chart interpretation.
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