1. Consider the “Room Cleaning” defect shown in the “Summary Counts” tab. Verify from the given data that room cleaning is in statistical control. Identify the type of chart you selected and show your calculations for control limits. Analyze if observations are in control or out of control. Are there any weekly patterns that stand-out from your analysis?
2. Consider the days of the week. Are Sundays statistically different from other days of the week?
3. Consider the Sunday data for room cleaning, is the process in statistical control on Sundays? If no, suggest at least three reasons that you think may be responsible for problems on Sunday.Please pay attention to the values
. A company is due to receive a payment of Kshs 500,000 from a customer in 6 months’ time. To smooth its cashflows, the company opts to receive the payment immediately and has agreed to transfer its entitlement to this payment to a third party called a discount house in return for an immediate payment calculated using a rate of commercial (simple) discount of 16% per annum. How much will the immediate payment received from the discount house be? (460,000
March 22, 2016
9:22 am
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