10) The p-chart would be useful when we
A) took a number of measurements and computed the average.
B) took a number of measurements and computed the ranges.
C) found the fraction of the production lot defective.
D) found the number of defective items in a production lot.
E) None of the above
11) Customers arrive at a bank at a rate of 50 per hour. The bank has 3 tellers and on
average, it takes 2 minutes to service a customer.
(a) What proportion of time are the tellers busy?
(b) What is the average number of customers in the bank?
(c) What is the average weight time?
12) Another name for a 0-1 variable is a(n) ________ variable.
A) either-or
B) binary
C) yes-no
D) quadratic
E) on-off
13) Which of the following techniques involves the study and consolidation of
historical data for a business and an industry?
A) descriptive analytics
B) prescriptive analytics
C) predictive analytics
D) management science
E) operations research