Question: The following data (read the data down first and then over to the right) represent the weekly accounts receivable balance (in $1000) of a hardware

The following data (read the data down first and then over to the right) represent the weekly accounts receivable balance (in $1000) of a hardware distributor over a 30-week period.

128.703

120.649

126.215

129.426

135.816

125.131

131.122

121.774

125.367

121.076

119.848

127.251

153.923

125.658

122.172

129.268

122.912

125.351

130.572

116.875

122.587

127.677

132.364

130.950

118.662

131.902

132.220

128.522

132.270

122.671

  1. Set up a (individuals) control chart on the accounts balance and a moving range chart (i.e. calculate the appropriate centerline and control limits). Plot the charts and supplement the individuals control chart with supplementary runs rules (i.e. apply the Western Electric runs rules for detecting non-random patterns on control charts). Note: Use the X-Y chart in Excel to plot the control charts.
  2. Were there any out-of-control points identified in part (a)? If so, assume a special-cause explanation can be given to the associated point(s).
  3. From the result of part (b), what are the appropriate prospective/trial limits for the charts?

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