#MAT 510 Homework Assignment 7
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MAT 510 Homework Assignment 7
Follow Below Link to Download Tutorial
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Homework Assignment 7
Due in Week 8 and worth 30 points
The experiment data in below table was to evaluate the effects of three variables on invoice errors for a company. Invoice errors had been a major contributor to lengthening the time that customers took to pay their invoices and increasing the accounts receivables for a major chemical company. It was conjectured that the errors might be due to the size of the customer (larger customers have more complex orders), the customer location (foreign orders are more complicated), and the type of product. A subset of the data is summarized in the following Table.
Table: Invoice Experiment Error
Customer Size
Customer Location
Product Type
Number of Errors
–
–
–
15
+
–
–
18
–
+
–
6
+
+
–
2
–
–
+
19
+
–
+
23
–
+
+
16
+
+
+
21
Customer Size: Small (-), Large (+)
Customer Location: Foreign (-), Domestic (+)
Product Type: Commodity (-), Specialty (=)
Reference: Moen, Nolan, and Provost (R. D. Moen, T. W. Nolan and L. P. Provost. Improving Quality through Planned Experimentation.New York: McGraw-Hill, 1991)
Use the date in table above and answer the following questions in the space provided below:
What is the nature of the effects of the factors studied in this experiment?
What strategy would you use to reduce invoice errors, given the results of this experiment?
0 notes
Text
MAT 510 Homework Assignment 7
Follow Below Link to Download Tutorial
http://devryfinalexam.com/downloads/mat-510-homework-assignment-7/
For More Information Visit Our Website ( https://homeworklance.com/ )
Email us At: [email protected] or [email protected]
Homework Assignment 7
Due in Week 8 and worth 30 points
The experiment data in below table was to evaluate the effects of three variables on invoice errors for a company. Invoice errors had been a major contributor to lengthening the time that customers took to pay their invoices and increasing the accounts receivables for a major chemical company. It was conjectured that the errors might be due to the size of the customer (larger customers have more complex orders), the customer location (foreign orders are more complicated), and the type of product. A subset of the data is summarized in the following Table.
Table: Invoice Experiment Error
Customer Size
Customer Location
Product Type
Number of Errors
–
–
–
15
+
–
–
18
–
+
–
6
+
+
–
2
–
–
+
19
+
–
+
23
–
+
+
16
+
+
+
21
Customer Size: Small (-), Large (+)
Customer Location: Foreign (-), Domestic (+)
Product Type: Commodity (-), Specialty (=)
Reference: Moen, Nolan, and Provost (R. D. Moen, T. W. Nolan and L. P. Provost. Improving Quality through Planned Experimentation.New York: McGraw-Hill, 1991)
Use the date in table above and answer the following questions in the space provided below:
What is the nature of the effects of the factors studied in this experiment?
What strategy would you use to reduce invoice errors, given the results of this experiment?
0 notes
Text
MAT 510 Homework Assignment 7
Follow Below Link to Download Tutorial
https://homeworklance.com/downloads/mat-510-homework-assignment-7/
For More Information Visit Our Website ( https://homeworklance.com/ )
Email us At: [email protected] or [email protected]
Homework Assignment 7
Due in Week 8 and worth 30 points
The experiment data in below table was to evaluate the effects of three variables on invoice errors for a company. Invoice errors had been a major contributor to lengthening the time that customers took to pay their invoices and increasing the accounts receivables for a major chemical company. It was conjectured that the errors might be due to the size of the customer (larger customers have more complex orders), the customer location (foreign orders are more complicated), and the type of product. A subset of the data is summarized in the following Table.
Table: Invoice Experiment Error
Customer Size
Customer Location
Product Type
Number of Errors
–
–
–
15
+
–
–
18
–
+
–
6
+
+
–
2
–
–
+
19
+
–
+
23
–
+
+
16
+
+
+
21
Customer Size: Small (-), Large (+)
Customer Location: Foreign (-), Domestic (+)
Product Type: Commodity (-), Specialty (=)
Reference: Moen, Nolan, and Provost (R. D. Moen, T. W. Nolan and L. P. Provost. Improving Quality through Planned Experimentation.New York: McGraw-Hill, 1991)
Use the date in table above and answer the following questions in the space provided below:
What is the nature of the effects of the factors studied in this experiment?
What strategy would you use to reduce invoice errors, given the results of this experiment?
0 notes
Text
MAT 510 Homework Assignment 7
Follow Below Link to Download Tutorial
https://homeworklance.com/downloads/mat-510-homework-assignment-7/
For More Information Visit Our Website ( https://homeworklance.com/ )
Email us At: [email protected] or [email protected]
Homework Assignment 7
Due in Week 8 and worth 30 points
The experiment data in below table was to evaluate the effects of three variables on invoice errors for a company. Invoice errors had been a major contributor to lengthening the time that customers took to pay their invoices and increasing the accounts receivables for a major chemical company. It was conjectured that the errors might be due to the size of the customer (larger customers have more complex orders), the customer location (foreign orders are more complicated), and the type of product. A subset of the data is summarized in the following Table.
Table: Invoice Experiment Error
Customer Size
Customer Location
Product Type
Number of Errors
–
–
–
15
+
–
–
18
–
+
–
6
+
+
–
2
–
–
+
19
+
–
+
23
–
+
+
16
+
+
+
21
Customer Size: Small (-), Large (+)
Customer Location: Foreign (-), Domestic (+)
Product Type: Commodity (-), Specialty (=)
Reference: Moen, Nolan, and Provost (R. D. Moen, T. W. Nolan and L. P. Provost. Improving Quality through Planned Experimentation.New York: McGraw-Hill, 1991)
Use the date in table above and answer the following questions in the space provided below:
What is the nature of the effects of the factors studied in this experiment?
What strategy would you use to reduce invoice errors, given the results of this experiment?
0 notes
Text
MAT 510 Homework Assignment 6 solved
MAT 510 Homework Assignment 6 solved
Homework Assignment 6
Due in Week 7 and worth 30 points
The data in the table below is from a study conducted by an insurance company to determine the effect of changing the process by which insurance claims are approved. The goal was to improve policyholder satisfaction by speeding up the process and eliminating some non-value-added approval steps in the process. The response measured was the…
View On WordPress
0 notes
Text
MAT 510 – Homework Assignment 6
Follow Below Link to Download Tutorial
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Email us At: [email protected] or [email protected]
Homework Assignment 6
Due in Week 7 and worth 30 points
The data in the table below is from a study conducted by an insurance company to determine the effect of changing the process by which insurance claims are approved. The goal was to improve policyholder satisfaction by speeding up the process and eliminating some non-value-added approval steps in the process. The response measured was the average time required to approve and mail all claims initiated in a week. The new procedure was tested for 12 weeks, and the results were compared to the process performance for the 12 weeks prior to instituting the change.
Table: Insurance Claim Approval Times (days)
Old Process
New Process
Week
Elapsed Time
Week
Elapsed Time
1
31.7
13
24
2
27
14
25.8
3
33.8
15
31
4
30
16
23.5
5
32.5
17
28.5
6
33.5
18
25.6
7
38.2
19
28.7
8
37.5
20
27.4
9
29
21
28.5
10
31.3
22
25.2
11
38.6
23
24.5
12
39.3
24
23.5
Use the date in table above and answer the following questions in the space provided below:
What was the average effect of the process change? Did the process average increase or decrease and by how much?
Analyze the data using the regression model y = b0 + b1x, where y = time to approve and mail a claim (weekly average), x = 0 for the old process, and x = 1 for the new process.
How does this model measure the effect of the process change?
How much did the process performance change on the average? (Hint: Compare the values of b1 and the average of new process performance minus the average of the performance of the old process.)
0 notes
Text
MAT 510 Homework Assignment 10 solved
MAT 510 Homework Assignment 10 solved
Homework Assignment 6
Due in Week 7 and worth 30 points
The data in the table below is from a study conducted by an insurance company to determine the effect of changing the process by which insurance claims are approved. The goal was to improve policyholder satisfaction by speeding up the process and eliminating some non-value-added approval steps in the process. The response measured was the…
View On WordPress
0 notes
Text
MAT 510 – Homework Assignment 6
Follow Below Link to Download Tutorial
http://solutionfy.com/downloads/mat-510-homework-assignment-6/
For More Information Visit Our Website ( https://homeworklance.com/ )
Email us At: [email protected] or [email protected]
Homework Assignment 6
Due in Week 7 and worth 30 points
The data in the table below is from a study conducted by an insurance company to determine the effect of changing the process by which insurance claims are approved. The goal was to improve policyholder satisfaction by speeding up the process and eliminating some non-value-added approval steps in the process. The response measured was the average time required to approve and mail all claims initiated in a week. The new procedure was tested for 12 weeks, and the results were compared to the process performance for the 12 weeks prior to instituting the change.
Table: Insurance Claim Approval Times (days)
Old Process
New Process
Week
Elapsed Time
Week
Elapsed Time
1
31.7
13
24
2
27
14
25.8
3
33.8
15
31
4
30
16
23.5
5
32.5
17
28.5
6
33.5
18
25.6
7
38.2
19
28.7
8
37.5
20
27.4
9
29
21
28.5
10
31.3
22
25.2
11
38.6
23
24.5
12
39.3
24
23.5
Use the date in table above and answer the following questions in the space provided below:
What was the average effect of the process change? Did the process average increase or decrease and by how much?
Analyze the data using the regression model y = b0 + b1x, where y = time to approve and mail a claim (weekly average), x = 0 for the old process, and x = 1 for the new process.
How does this model measure the effect of the process change?
How much did the process performance change on the average? (Hint: Compare the values of b1 and the average of new process performance minus the average of the performance of the old process.)
0 notes
Text
MAT 510 – Homework Assignment 5
Follow Below Link to Download Tutorial
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Email us At: [email protected] or [email protected]
Homework Assignment 5
Due in Week 6 and worth 30 points
The data in below table lists country code and the order to remittance (OTR) time for hardware / software installations for the last 76 installations (from first to last). OTR is the time it takes from an order being placed until the system is installed and we receive payment (remittance). Because this company does business internationally, it also notes the country of installation using a country code. This code is listed in the first column.
Table: Country Code and OTR Cycle Time for Software Systems Installation
Country Code
Cycle Time
Country Code
Cycle Time
1
20
5
29
1
24
6
40
1
46
7
157
1
26
8
19
14
38
5
24
1
15
1
81
1
15
7
53
17
23
7
26
1
31
1
28
1
31
1
34
6
64
1
34
5
29
7
50
5
44
1
52
1
32
1
19
1
15
1
44
7
11
14
150
7
14
7
29
1
89
17
23
17
41
6
79
7
41
17
13
1
36
6
32
8
43
7
61
17
21
8
42
8
28
8
46
7
18
7
88
8
47
14
24
6
26
7
7
6
47
1
33
5
9
5
129
7
42
17
41
5
5
17
43
6
27
14
42
6
27
14
42
1
33
7
53
7
44
7
53
1
21
7
48
1
22
5
21
1
50
1
19
Use the date in table above and answer the following questions in the space provided below:
Does the OTR time appear to be stable? Why or why not?
If you were to use a control chart to evaluate stability, which chart would you use? Why?
What can you learn about the distribution of the installation process?
Does it appear that the country has an impact on installation time? Why or why not?
0 notes
Text
MAT 510 – Homework Assignment 6
Follow Below Link to Download Tutorial
http://devryfinalexam.com/downloads/mat-510-homework-assignment-6/
For More Information Visit Our Website ( https://homeworklance.com/ )
Email us At: [email protected] or [email protected]
Homework Assignment 6
Due in Week 7 and worth 30 points
The data in the table below is from a study conducted by an insurance company to determine the effect of changing the process by which insurance claims are approved. The goal was to improve policyholder satisfaction by speeding up the process and eliminating some non-value-added approval steps in the process. The response measured was the average time required to approve and mail all claims initiated in a week. The new procedure was tested for 12 weeks, and the results were compared to the process performance for the 12 weeks prior to instituting the change.
Table: Insurance Claim Approval Times (days)
Old Process
New Process
Week
Elapsed Time
Week
Elapsed Time
1
31.7
13
24
2
27
14
25.8
3
33.8
15
31
4
30
16
23.5
5
32.5
17
28.5
6
33.5
18
25.6
7
38.2
19
28.7
8
37.5
20
27.4
9
29
21
28.5
10
31.3
22
25.2
11
38.6
23
24.5
12
39.3
24
23.5
Use the date in table above and answer the following questions in the space provided below:
What was the average effect of the process change? Did the process average increase or decrease and by how much?
Analyze the data using the regression model y = b0 + b1x, where y = time to approve and mail a claim (weekly average), x = 0 for the old process, and x = 1 for the new process.
How does this model measure the effect of the process change?
How much did the process performance change on the average? (Hint: Compare the values of b1 and the average of new process performance minus the average of the performance of the old process.)
0 notes
Text
MAT 510 – Homework Assignment 5
Follow Below Link to Download Tutorial
http://devryfinalexam.com/downloads/mat-510-homework-assignment-5/
For More Information Visit Our Website ( https://homeworklance.com/ )
Email us At: [email protected] or [email protected]
Homework Assignment 5
Due in Week 6 and worth 30 points
The data in below table lists country code and the order to remittance (OTR) time for hardware / software installations for the last 76 installations (from first to last). OTR is the time it takes from an order being placed until the system is installed and we receive payment (remittance). Because this company does business internationally, it also notes the country of installation using a country code. This code is listed in the first column.
Table: Country Code and OTR Cycle Time for Software Systems Installation
Country Code
Cycle Time
Country Code
Cycle Time
1
20
5
29
1
24
6
40
1
46
7
157
1
26
8
19
14
38
5
24
1
15
1
81
1
15
7
53
17
23
7
26
1
31
1
28
1
31
1
34
6
64
1
34
5
29
7
50
5
44
1
52
1
32
1
19
1
15
1
44
7
11
14
150
7
14
7
29
1
89
17
23
17
41
6
79
7
41
17
13
1
36
6
32
8
43
7
61
17
21
8
42
8
28
8
46
7
18
7
88
8
47
14
24
6
26
7
7
6
47
1
33
5
9
5
129
7
42
17
41
5
5
17
43
6
27
14
42
6
27
14
42
1
33
7
53
7
44
7
53
1
21
7
48
1
22
5
21
1
50
1
19
Use the date in table above and answer the following questions in the space provided below:
Does the OTR time appear to be stable? Why or why not?
If you were to use a control chart to evaluate stability, which chart would you use? Why?
What can you learn about the distribution of the installation process?
Does it appear that the country has an impact on installation time? Why or why not?
0 notes
Text
MAT 510 – Homework Assignment 5
Follow Below Link to Download Tutorial
https://homeworklance.com/downloads/mat-510-homework-assignment-5/
For More Information Visit Our Website ( https://homeworklance.com/ )
Email us At: [email protected] or [email protected]
Homework Assignment 5
Due in Week 6 and worth 30 points
The data in below table lists country code and the order to remittance (OTR) time for hardware / software installations for the last 76 installations (from first to last). OTR is the time it takes from an order being placed until the system is installed and we receive payment (remittance). Because this company does business internationally, it also notes the country of installation using a country code. This code is listed in the first column.
Table: Country Code and OTR Cycle Time for Software Systems Installation
Country Code
Cycle Time
Country Code
Cycle Time
1
20
5
29
1
24
6
40
1
46
7
157
1
26
8
19
14
38
5
24
1
15
1
81
1
15
7
53
17
23
7
26
1
31
1
28
1
31
1
34
6
64
1
34
5
29
7
50
5
44
1
52
1
32
1
19
1
15
1
44
7
11
14
150
7
14
7
29
1
89
17
23
17
41
6
79
7
41
17
13
1
36
6
32
8
43
7
61
17
21
8
42
8
28
8
46
7
18
7
88
8
47
14
24
6
26
7
7
6
47
1
33
5
9
5
129
7
42
17
41
5
5
17
43
6
27
14
42
6
27
14
42
1
33
7
53
7
44
7
53
1
21
7
48
1
22
5
21
1
50
1
19
Use the date in table above and answer the following questions in the space provided below:
Does the OTR time appear to be stable? Why or why not?
If you were to use a control chart to evaluate stability, which chart would you use? Why?
What can you learn about the distribution of the installation process?
Does it appear that the country has an impact on installation time? Why or why not?
0 notes
Text
MAT 510 – Homework Assignment 6
Follow Below Link to Download Tutorial
https://homeworklance.com/downloads/mat-510-homework-assignment-6/
For More Information Visit Our Website ( https://homeworklance.com/ )
Email us At: [email protected] or [email protected]
Homework Assignment 6
Due in Week 7 and worth 30 points
The data in the table below is from a study conducted by an insurance company to determine the effect of changing the process by which insurance claims are approved. The goal was to improve policyholder satisfaction by speeding up the process and eliminating some non-value-added approval steps in the process. The response measured was the average time required to approve and mail all claims initiated in a week. The new procedure was tested for 12 weeks, and the results were compared to the process performance for the 12 weeks prior to instituting the change.
Table: Insurance Claim Approval Times (days)
Old Process
New Process
Week
Elapsed Time
Week
Elapsed Time
1
31.7
13
24
2
27
14
25.8
3
33.8
15
31
4
30
16
23.5
5
32.5
17
28.5
6
33.5
18
25.6
7
38.2
19
28.7
8
37.5
20
27.4
9
29
21
28.5
10
31.3
22
25.2
11
38.6
23
24.5
12
39.3
24
23.5
Use the date in table above and answer the following questions in the space provided below:
What was the average effect of the process change? Did the process average increase or decrease and by how much?
Analyze the data using the regression model y = b0 + b1x, where y = time to approve and mail a claim (weekly average), x = 0 for the old process, and x = 1 for the new process.
How does this model measure the effect of the process change?
How much did the process performance change on the average? (Hint: Compare the values of b1 and the average of new process performance minus the average of the performance of the old process.)
0 notes
Text
MAT 510 – Homework Assignment 5
Follow Below Link to Download Tutorial
https://homeworklance.com/downloads/mat-510-homework-assignment-5/
For More Information Visit Our Website ( https://homeworklance.com/ )
Email us At: [email protected] or [email protected]
Homework Assignment 5
Due in Week 6 and worth 30 points
The data in below table lists country code and the order to remittance (OTR) time for hardware / software installations for the last 76 installations (from first to last). OTR is the time it takes from an order being placed until the system is installed and we receive payment (remittance). Because this company does business internationally, it also notes the country of installation using a country code. This code is listed in the first column.
Table: Country Code and OTR Cycle Time for Software Systems Installation
Country Code
Cycle Time
Country Code
Cycle Time
1
20
5
29
1
24
6
40
1
46
7
157
1
26
8
19
14
38
5
24
1
15
1
81
1
15
7
53
17
23
7
26
1
31
1
28
1
31
1
34
6
64
1
34
5
29
7
50
5
44
1
52
1
32
1
19
1
15
1
44
7
11
14
150
7
14
7
29
1
89
17
23
17
41
6
79
7
41
17
13
1
36
6
32
8
43
7
61
17
21
8
42
8
28
8
46
7
18
7
88
8
47
14
24
6
26
7
7
6
47
1
33
5
9
5
129
7
42
17
41
5
5
17
43
6
27
14
42
6
27
14
42
1
33
7
53
7
44
7
53
1
21
7
48
1
22
5
21
1
50
1
19
Use the date in table above and answer the following questions in the space provided below:
Does the OTR time appear to be stable? Why or why not?
If you were to use a control chart to evaluate stability, which chart would you use? Why?
What can you learn about the distribution of the installation process?
Does it appear that the country has an impact on installation time? Why or why not?
0 notes
Text
MAT 510 – Homework Assignment 6
Follow Below Link to Download Tutorial
https://homeworklance.com/downloads/mat-510-homework-assignment-6/
For More Information Visit Our Website ( https://homeworklance.com/ )
Email us At: [email protected] or [email protected]
Homework Assignment 6
Due in Week 7 and worth 30 points
The data in the table below is from a study conducted by an insurance company to determine the effect of changing the process by which insurance claims are approved. The goal was to improve policyholder satisfaction by speeding up the process and eliminating some non-value-added approval steps in the process. The response measured was the average time required to approve and mail all claims initiated in a week. The new procedure was tested for 12 weeks, and the results were compared to the process performance for the 12 weeks prior to instituting the change.
Table: Insurance Claim Approval Times (days)
Old Process
New Process
Week
Elapsed Time
Week
Elapsed Time
1
31.7
13
24
2
27
14
25.8
3
33.8
15
31
4
30
16
23.5
5
32.5
17
28.5
6
33.5
18
25.6
7
38.2
19
28.7
8
37.5
20
27.4
9
29
21
28.5
10
31.3
22
25.2
11
38.6
23
24.5
12
39.3
24
23.5
Use the date in table above and answer the following questions in the space provided below:
What was the average effect of the process change? Did the process average increase or decrease and by how much?
Analyze the data using the regression model y = b0 + b1x, where y = time to approve and mail a claim (weekly average), x = 0 for the old process, and x = 1 for the new process.
How does this model measure the effect of the process change?
How much did the process performance change on the average? (Hint: Compare the values of b1 and the average of new process performance minus the average of the performance of the old process.)
0 notes
Text
MAT 510 – Homework Assignment 5
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Homework Assignment 5
Due in Week 6 and worth 30 points
The data in below table lists country code and the order to remittance (OTR) time for hardware / software installations for the last 76 installations (from first to last). OTR is the time it takes from an order being placed until the system is installed and we receive payment (remittance). Because this company does business internationally, it also notes the country of installation using a country code. This code is listed in the first column.
Table: Country Code and OTR Cycle Time for Software Systems Installation
Country Code
Cycle Time
Country Code
Cycle Time
1
20
5
29
1
24
6
40
1
46
7
157
1
26
8
19
14
38
5
24
1
15
1
81
1
15
7
53
17
23
7
26
1
31
1
28
1
31
1
34
6
64
1
34
5
29
7
50
5
44
1
52
1
32
1
19
1
15
1
44
7
11
14
150
7
14
7
29
1
89
17
23
17
41
6
79
7
41
17
13
1
36
6
32
8
43
7
61
17
21
8
42
8
28
8
46
7
18
7
88
8
47
14
24
6
26
7
7
6
47
1
33
5
9
5
129
7
42
17
41
5
5
17
43
6
27
14
42
6
27
14
42
1
33
7
53
7
44
7
53
1
21
7
48
1
22
5
21
1
50
1
19
Use the date in table above and answer the following questions in the space provided below:
Does the OTR time appear to be stable? Why or why not?
If you were to use a control chart to evaluate stability, which chart would you use? Why?
What can you learn about the distribution of the installation process?
Does it appear that the country has an impact on installation time? Why or why not?
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