QuantMethods Productions Operations Management Software
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Please reference the attachment and respond to questions 1, 2, 3, 4 & 5 on page 137, questions 1, 2, & 3 on page 269, and question 10 on page 271. For your convenience, the assigned questions are circled. Questions involve cost of quality, shape and position, minimum total cost, scatter diagram, electronic components, and control operations.
Please include all work along with the answer including formulas.
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This solution helps with questions involving QuantMethods Productions Operations Management Software. Step by step calculations are provided.
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Please see attached Word and Excel files (Excel has multiple tabs).
Pg. 137, #1-5.
Set D = 0 in each equation:
ca = 100(0) + 1500 = 1500
cp = -50(0) + 6300 = 6300
cf = (0)e0.5(0) = 0
Since the total cost of quality is the sum of the individual costs of quality, we have
Total cost of quality = 1500 + 6300 + 0 = 7800.
In the Excel sheet, we use formulas to find the costs of quality for every D from 0 to 100 (in increments of 5). The numbers and the graph clearly show that the cost of failure dominates.
To find the minimum total cost, ...
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