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QUESTION 3 stion Completion Status: You have joined a factory that manufactures a chemical additive. There are three new proposed processes that you can use. Your managers have just settled a large pollution lawsuit and are worried about the legal aspects of new processes. They have made some changes in the selection of processes The management team has decided to rate all new processes with respect to futuro legal actions. The would be the least likely and a 1 rating will be the most likely for future legal problems. The scale was established as follows Table 1. Legal Ratings Subjective Ratings 1 Level 0 10 2 3 60 4 75 100 5 All processes will be rated with respect to the legal aspects as well as the present economic payoff. The three processes are A, B and C. Process A will generate $550,000 per year in profit. Process A has been rated with a 3 for future legal problems. Process B may yield $600,000 per year; however, given the scarcity of a raw material the process may also yield $350,000. The probability of the $600,000 is felt to be 70 percent. This leaves 30% for the probability of earning $350,000 per year. This process is self-contained and will have the lowest probability of pollution and incurring the legal costs. It has scored a 5 on the legal scale. Process Chas very high profit. Process C's projected yearly profits are $800,000 per year. However, the process requires dumping chemicals into a nearby river. There is a 10% probability that would score a 4 on the legal scale. There is a 50% probability that the dumping will score a 2 on the scales and finally there is a 40% probability that the chemical will be detected and there will be very heavy legal expenses. This will be scored with a 1 The company has decided to give a k-value of 0.70 to profits and 0.30 to future legal expenses. The multiple objective analysis has been done below. PROPORTIONAL Subjective SCORE Ratings lick Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers DROIT bul Clase Winde hp There is a 10% probability th probability that the chemical Question Completion Status: The company has decided to give a k-value of 0.70 to prolits and 0.30 to fulure legal expenses The multiple objective analysis has been done below PROPORTIONAL Subjective PROFIT SCORE Ratings Level 550 41.00 1 0 350 0.00 2 10 600 A 3 60 Big is 800 100.00 4 75 Better 5 100 V-LV/HV-LV MIN 350 MAX 800 K values Delta 450 Scaled K profit K legal Sum Both Prob E(Score Probability Profit Legal Risks. Consequences 0.7 0.31 Sum Both Profit Legal Process A 1 550 31 44 60 30.8 18 48.80 48.8 48.5 Process B 21 0.7 B 350 600 SI 5 oo 100 100 0 D. 30 E 30.00 F Process 0.1 800 800 100 100 Innl 75 10 nl 70 70 22.5 3 0.5 nal 92.50 73.00 9.25 36.5 ennl nl ick Save and Submit to save and submit. Click Save All Answers to save all answers Save All Ans 5 100 V-LV/HV-LV MIN MAX Delta 350 800 150 K values K profit Klegal Sum Both Prob 0.7 0.3 Sur Both E Score Scaled Probability Profit Legal Risks Consequences Profit Legal 1 550 3 44 30.8 60 18 48.8 48.80 Process A 0.7 B 350 600 5 5 Process B ol 100 100 30 El 0 D 30.00 F 21 G G H 75 Process 0.1 0.5 22.5 3 800 800 800 100 100 100 70 92.50 73.00 70.00 101 9.25 36.5 28 2 1 R RR 70 0 met 0.4 73.75 Fill in the missing values. A- DE E= B- F= GE HE Click Save and Submit to save and submit. Click Save All Answers to save all ansters. Save All Answers hp Welcome Amjad in Statement of Purpo 1/(cosa)-524-SL Gmail You Tube Maps ClassDojo for Pare 3 images QUESTION 5 You have joined a transmission manufacturer. You are making a part that you could or could not test. To run the test will cost you 1/2 minute in time per unit. Your part is a sub-assembly inside the finished transmission If you do not run the test, the transmission is assembled with your untested part and may or may not fail due to your department's quailty. Your quality is running at 2% bad. The receiving department has the choice to scrap the small transmission at a cost of $20 or repair using 15 minutes of labor and $1 in materials. The loaded rate of the time is only $60 per hour. Draw a decision tree on paper and answer the following questions What is the cost in dollars for testing a unit? (Two decimals) At the receiving department what is the cost to repair the unit in dollars? (Two Decimals) Does the receiving department scrap the transmission or do they repair the transmission? (Scrap or repair) What is the EMV for the receiving department? (Two Decimals) Given the information from the receiving department, does your department test all of the units or continue with the 2 percent bad? (Test or continue) What percentage defective would your quality need to meet for you to justify testing all of the units? (Two decimals Chick Save and Submit to save and submit. Chick Save All Answers to save all answers. QUESTION 3 You have joined a factory that manufactures a chemical additive. There are three new proposed processes that you can use. Your managers have just settled a large pollution lawsuit and are worried about the legal aspects of new processes They have made some changes in the selection of processes. The management team has decided to rate all new processes with respect to future legal actions. The 5 would be the least likely and a 1 rating will be the most likely for future legal problems. The scale was established as follows. Table 1: Legal Ratings Subjective Ratings Level 0 10 60 75 100 1 2 3 4 5 All processes will be rated with respect to the legal aspects as well as the present economic payoff. The three processes are A, B and C. Process A will generate $550,000 per year in profit. Process A has been rated with a 3 for future legal problems. Process B may yield $600.000 per year, however, given the scarcity of a raw material the process may also yield $350,000. The probability of the $600,000 is felt to be 70 percent. This leaves 30% for the probability of earning $350,000 per year. This process is self-contained and will have the lowest probability of pollution and incurring the legal costs. It has scored a 5 on the legal scale. Process C has very high profit. Process C's projected yearly profits are $800.000 per year. However, the process Click Save and Submit to save and submit. Click Save All Answers to save all answers. Type here to search Save All Answers Close Window e Take Test: HW 4-A... DELL he probability of $350,000 per year. This process is self-contained and will have the lowest probability of pollution and incurring the legal costs. It has scored a 5 on the legal scale. Process Chas very high profit. Process C's projected yearly profits are $800,000 per year. However, the process requires dumping chemicals into a nearby river. There is a 10% probability that would score a 4 on the legal scale. There is a 50% probability that the dumping will score a 2 on the scales and finally there is a 40% probability that the chemical will be detected and there will be very heavy legal expenses. This will be scored with a 1. The company has decided to give a k-value of 0.70 to profits and 0.30 to future legal expenses. The multiple objective analysis has been done below. Subjective Ratings 0.00 1 2 3 PROPORTIONAL PROFIT SCORE 550 40.00 350 600 300 100.00 V-V/HV.LV MIN 350 MAX 800 490 Probability Profit Process Level O 10 60 25 100 HW 4 Better 5 Kvalues Scaled K profit Legal Risk Consequences 0.71 Legal 601 30.8 Sum Both Prol Score 0.31 Sum Both JE 48. NO 0.7 B 350 500 5 sl C 100l 100l o 30 E 30.00 D F G Process OL 03 500 0 H 4 2 100 100 20 22.5 10 32 50 73.00 9.25 165 Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers Type here to search Close Window Sa e E Take Test HW 4-A... DELL Process 0.1 0.5 0.4 300 BOO 4 2 1 100 100 100 75 101 ol IRRIRI 22.50 3 ol 92.50 73.00 70.00 9.25 36.5 28 00 73.75 Fill in the missing values. A= D= B= E= HEI G QUESTION 4 Based on the outcomes for the above processes which process would you recommend? (A, B or C) QUESTION 5 You have joined a transmission manufacturer. You are making a part that you could or could not test. To run the test will cost you 1/2 minute in time Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers Type here to search Close Window RI Take Test: HW 4-A... DELL ON 5 Question Completion Status: 26 3 5 8 9 You have joined a transmission manufacturer. You are making a part that you could or could not test. To run the test will cost you 1/2 minute in time per unit. Your part is a sub-assembly inside the finished transmission If you do not run the test, the transmission is assembled with your untested part and may or may not fail due to your department's quailty. Your quality is running at 2% bad. The receiving department has the choice to scrap the small transmission at a cost of $20 or repair using 15 minutes of labor and $1 in materials. The loaded rate of the time is only $60 per hour. Draw a decision tree on paper and answer the following questions What is the cost in dollars for testing a unit? (Two decimals) At the receiving department what is the cost to repair the unit in dollars? (Two Decimale) Does the receiving department scrap the transmission or do they repair the transmission? (Scrap or repair) What is the EMV for the receiving department? (Two Decimals) Given the information from the receiving department, does your department test all of the units or continue with the 2 percent bad? (Test or continue) What percentage defective would your quality need to meet for you to justify testing all of the units? (Two decimals) Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers Type here to search Close Wind Take Test: HW 4-A. DOLL QUESTION 3 stion Completion Status: You have joined a factory that manufactures a chemical additive. There are three new proposed processes that you can use. Your managers have just settled a large pollution lawsuit and are worried about the legal aspects of new processes. They have made some changes in the selection of processes The management team has decided to rate all new processes with respect to futuro legal actions. The would be the least likely and a 1 rating will be the most likely for future legal problems. The scale was established as follows Table 1. Legal Ratings Subjective Ratings 1 Level 0 10 2 3 60 4 75 100 5 All processes will be rated with respect to the legal aspects as well as the present economic payoff. The three processes are A, B and C. Process A will generate $550,000 per year in profit. Process A has been rated with a 3 for future legal problems. Process B may yield $600,000 per year; however, given the scarcity of a raw material the process may also yield $350,000. The probability of the $600,000 is felt to be 70 percent. This leaves 30% for the probability of earning $350,000 per year. This process is self-contained and will have the lowest probability of pollution and incurring the legal costs. It has scored a 5 on the legal scale. Process Chas very high profit. Process C's projected yearly profits are $800,000 per year. However, the process requires dumping chemicals into a nearby river. There is a 10% probability that would score a 4 on the legal scale. There is a 50% probability that the dumping will score a 2 on the scales and finally there is a 40% probability that the chemical will be detected and there will be very heavy legal expenses. This will be scored with a 1 The company has decided to give a k-value of 0.70 to profits and 0.30 to future legal expenses. The multiple objective analysis has been done below. PROPORTIONAL Subjective SCORE Ratings lick Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers DROIT bul Clase Winde hp There is a 10% probability th probability that the chemical Question Completion Status: The company has decided to give a k-value of 0.70 to prolits and 0.30 to fulure legal expenses The multiple objective analysis has been done below PROPORTIONAL Subjective PROFIT SCORE Ratings Level 550 41.00 1 0 350 0.00 2 10 600 A 3 60 Big is 800 100.00 4 75 Better 5 100 V-LV/HV-LV MIN 350 MAX 800 K values Delta 450 Scaled K profit K legal Sum Both Prob E(Score Probability Profit Legal Risks. Consequences 0.7 0.31 Sum Both Profit Legal Process A 1 550 31 44 60 30.8 18 48.80 48.8 48.5 Process B 21 0.7 B 350 600 SI 5 oo 100 100 0 D. 30 E 30.00 F Process 0.1 800 800 100 100 Innl 75 10 nl 70 70 22.5 3 0.5 nal 92.50 73.00 9.25 36.5 ennl nl ick Save and Submit to save and submit. Click Save All Answers to save all answers Save All Ans 5 100 V-LV/HV-LV MIN MAX Delta 350 800 150 K values K profit Klegal Sum Both Prob 0.7 0.3 Sur Both E Score Scaled Probability Profit Legal Risks Consequences Profit Legal 1 550 3 44 30.8 60 18 48.8 48.80 Process A 0.7 B 350 600 5 5 Process B ol 100 100 30 El 0 D 30.00 F 21 G G H 75 Process 0.1 0.5 22.5 3 800 800 800 100 100 100 70 92.50 73.00 70.00 101 9.25 36.5 28 2 1 R RR 70 0 met 0.4 73.75 Fill in the missing values. A- DE E= B- F= GE HE Click Save and Submit to save and submit. Click Save All Answers to save all ansters. Save All Answers hp Welcome Amjad in Statement of Purpo 1/(cosa)-524-SL Gmail You Tube Maps ClassDojo for Pare 3 images QUESTION 5 You have joined a transmission manufacturer. You are making a part that you could or could not test. To run the test will cost you 1/2 minute in time per unit. Your part is a sub-assembly inside the finished transmission If you do not run the test, the transmission is assembled with your untested part and may or may not fail due to your department's quailty. Your quality is running at 2% bad. The receiving department has the choice to scrap the small transmission at a cost of $20 or repair using 15 minutes of labor and $1 in materials. The loaded rate of the time is only $60 per hour. Draw a decision tree on paper and answer the following questions What is the cost in dollars for testing a unit? (Two decimals) At the receiving department what is the cost to repair the unit in dollars? (Two Decimals) Does the receiving department scrap the transmission or do they repair the transmission? (Scrap or repair) What is the EMV for the receiving department? (Two Decimals) Given the information from the receiving department, does your department test all of the units or continue with the 2 percent bad? (Test or continue) What percentage defective would your quality need to meet for you to justify testing all of the units? (Two decimals Chick Save and Submit to save and submit. Chick Save All Answers to save all answers. QUESTION 3 You have joined a factory that manufactures a chemical additive. There are three new proposed processes that you can use. Your managers have just settled a large pollution lawsuit and are worried about the legal aspects of new processes They have made some changes in the selection of processes. The management team has decided to rate all new processes with respect to future legal actions. The 5 would be the least likely and a 1 rating will be the most likely for future legal problems. The scale was established as follows. Table 1: Legal Ratings Subjective Ratings Level 0 10 60 75 100 1 2 3 4 5 All processes will be rated with respect to the legal aspects as well as the present economic payoff. The three processes are A, B and C. Process A will generate $550,000 per year in profit. Process A has been rated with a 3 for future legal problems. Process B may yield $600.000 per year, however, given the scarcity of a raw material the process may also yield $350,000. The probability of the $600,000 is felt to be 70 percent. This leaves 30% for the probability of earning $350,000 per year. This process is self-contained and will have the lowest probability of pollution and incurring the legal costs. It has scored a 5 on the legal scale. Process C has very high profit. Process C's projected yearly profits are $800.000 per year. However, the process Click Save and Submit to save and submit. Click Save All Answers to save all answers. Type here to search Save All Answers Close Window e Take Test: HW 4-A... DELL he probability of $350,000 per year. This process is self-contained and will have the lowest probability of pollution and incurring the legal costs. It has scored a 5 on the legal scale. Process Chas very high profit. Process C's projected yearly profits are $800,000 per year. However, the process requires dumping chemicals into a nearby river. There is a 10% probability that would score a 4 on the legal scale. There is a 50% probability that the dumping will score a 2 on the scales and finally there is a 40% probability that the chemical will be detected and there will be very heavy legal expenses. This will be scored with a 1. The company has decided to give a k-value of 0.70 to profits and 0.30 to future legal expenses. The multiple objective analysis has been done below. Subjective Ratings 0.00 1 2 3 PROPORTIONAL PROFIT SCORE 550 40.00 350 600 300 100.00 V-V/HV.LV MIN 350 MAX 800 490 Probability Profit Process Level O 10 60 25 100 HW 4 Better 5 Kvalues Scaled K profit Legal Risk Consequences 0.71 Legal 601 30.8 Sum Both Prol Score 0.31 Sum Both JE 48. NO 0.7 B 350 500 5 sl C 100l 100l o 30 E 30.00 D F G Process OL 03 500 0 H 4 2 100 100 20 22.5 10 32 50 73.00 9.25 165 Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers Type here to search Close Window Sa e E Take Test HW 4-A... DELL Process 0.1 0.5 0.4 300 BOO 4 2 1 100 100 100 75 101 ol IRRIRI 22.50 3 ol 92.50 73.00 70.00 9.25 36.5 28 00 73.75 Fill in the missing values. A= D= B= E= HEI G QUESTION 4 Based on the outcomes for the above processes which process would you recommend? (A, B or C) QUESTION 5 You have joined a transmission manufacturer. You are making a part that you could or could not test. To run the test will cost you 1/2 minute in time Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers Type here to search Close Window RI Take Test: HW 4-A... DELL ON 5 Question Completion Status: 26 3 5 8 9 You have joined a transmission manufacturer. You are making a part that you could or could not test. To run the test will cost you 1/2 minute in time per unit. Your part is a sub-assembly inside the finished transmission If you do not run the test, the transmission is assembled with your untested part and may or may not fail due to your department's quailty. Your quality is running at 2% bad. The receiving department has the choice to scrap the small transmission at a cost of $20 or repair using 15 minutes of labor and $1 in materials. The loaded rate of the time is only $60 per hour. Draw a decision tree on paper and answer the following questions What is the cost in dollars for testing a unit? (Two decimals) At the receiving department what is the cost to repair the unit in dollars? (Two Decimale) Does the receiving department scrap the transmission or do they repair the transmission? (Scrap or repair) What is the EMV for the receiving department? (Two Decimals) Given the information from the receiving department, does your department test all of the units or continue with the 2 percent bad? (Test or continue) What percentage defective would your quality need to meet for you to justify testing all of the units? (Two decimals) Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers Type here to search Close Wind Take Test: HW 4-A. DOLL