Question: Please help the with the following question: approx 1 and 1/2 pages and 3 references! Thanks!! A manufacturer of computer chips has a computer hardware

Please help the with the following question: approx 1 and 1/2 pages and 3 references!

Thanks!!

A manufacturer of computer chips has a computer hardware company as its largest customer. The computer hardware company requires all of its chips to meet specifications of 1.2 cm. The vice-president of manufacturing, concerned about a possible loss of sales, assigns his production manager the task of ensuring that chips are produced to meet the specification of 1.2 cm. Based on the production run from last month, a 95% confidence interval was computed for the mean length of a computer chip resulting in: 95% confidence interval: (0.9 cm, 1.1 cm)

  1. What are the elements that the production manager should consider in determining his companys ability to produce chips that meet specifications?
  2. Do the chips produced meet the desired specifications?
  3. What reasons should the production manager provide to the vice-president to justify that the production team is meeting specifications?
  4. How will this decision impact the chip manufacturers sales and net profit?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!