Calculate the manufacturing lead time if the average non-operation time is 2 hrs. Calculate the production rate and If the plant operates 70 hours per week, calculate the production capacity Calculate the Production Capacity if the machines are only available for 85% of the time. Will the manager be able to meet his production target? Justify your answer.
Contingency Table
A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.
Binomial Distribution
Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.
A company manufactures clay bricks in batches. A batch consists of 200 bricks. The manager reports that his weekly production target is 1500 bricks. Each brick has to be processed through 5 machines on average. It takes on average 30 minutes to set up the machines and the average operation time is 6 minutes. There are 10 machines in the plant.
Calculate the manufacturing lead time if the average non-operation time is 2 hrs.
Calculate the production rate and If the plant operates 70 hours per week, calculate the production capacity Calculate the Production Capacity if the machines are only available for 85% of the time.
Will the manager be able to meet his production target? Justify your answer.
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