You have learned a lot about your process though the use of the tools and techniques ofSix Sigma. Now you want to be determine whether or not your new processis behaving predictably. So in this deliverable, you need to create an XmR (Individualand Moving Range) chart to answer the question, “Is there any assignable-cause variationin the process?” You are given total deposit cycle time (in hours) by period.InstructionsWe want to make sure you can calculate control limits. You will need toactually construct a control chart by hand.Control Charts in Excel 2003Control Charts in Excel 20071.2.3.4.What is the upper control limit for the range?What is the upper control limit for the individuals?What is the lower control limit for the individuals?What would you do with the process?a. What would you recommend?b. Is the measurement system discriminate?”I’m lost””Do I actually need to do this by hand?””I have no idea about this one”c. Is deposit cycle time in statistical control?”How can I do this without software?”Optional help using Excel 2003Optional help using Excel 2007Data:Data:Period12345678910111213141516171819202122232425262728HoursCycle Time453344305147393469432938454973385040573631464051483742501a. Calculate R-bar”How do I do that?”Check1b. Calculate theupper control limitfor the range”How do I do that?”Check2 & 3. Calculate thecontrol limits for theindividuals”How do I do that?”CheckYou do not need to submit an actual control chart for this deliverable.Project:Finance 2013 LAJDeliverable:Control ChartStudent last name:Calculated R-Bar:Upper control limit for the range:::13.07Upper control limit for the individuals:Lower control limit for the individuals:::78.88Work CheckThru42.759.33ROUND YOUR FINALANSWERS OUT TO 2DECIMAL PLACES.12 and 1540 and 4575 and 809 and 12Is the Moving Range chart stable? Justify your answer using ALL of the tests for stability covered in the onlinetextbook and virtual class on SPC. NOTE: IF YOU SAY THE CHART IS UNSTABLE, SPECIFY WHICH TEST(S) IT FAILSAND WHERE ON THE CHART IT FAILS BY REFERENCING THE SPECIFIC DATA POINTS THAT FAIL BY NUMBER (NOTVALUE).Must pass all Control Charts to be stableType your answer here. If you say the chart is unstable, specify which test(s) it failsand where on the chart by referencing the specific data point numbers.Is the Individuals chart stable? Justify your answer using ALL of the tests for stability covered in the onlinetextbook and virtual class on SPC. NOTE: IF YOU SAY THE CHART IS UNSTABLE, SPECIFY WHICHTEST(S) IT FAILS AND WHERE ON THE CHART IT FAILS BY REFERENCING THE SPECIFIC DATA POINTSTHAT FAIL BY NUMBER (NOT VALUE).Must pass all Control Charts to be stableType your answer here. If you say the chart is unstable, specify which test(s) it failsand where on the chart by referencing the specific data point numbers.Based upon what the control chart is telling you, what would you do next?Step Six in Control ChartingType your answer here.Is there adequate discrimination? Explain your answer: Which chart did you use and exactly howmany strata are there on that chart? How many strata should there be?Type your answer here and be sure to explain why you answeredthe way you did. HINT: Which chart did you use and exactly howmany strata are there on that chart?NoteTests for Stability*Control Chart Must Pass all of These to be Considered StableSet 1I and mR Interpretation: Test for Presence of Special or Assignable CausesX-bar and R Chart Interpretation: Tests for a Natural Pattern (test 1)X-bar and R Chart Interpretation: Tests for a Natural Pattern (test 2)X-bar and R Chart Interpretation: Tests for OutliersX-bar and R Chart Interpretation: Tests for Runs (Test 1)X-bar and R Chart Interpretation: Tests for Runs (Test 2)X-bar and R Chart Interpretation: Tests for Runs (Test 3)X-bar and R Chart Interpretation: Tests for TrendsX-bar and R Chart Interpretation: Tests for CyclesSet – 2Shewhart’s Test for a Natural/Normal Pattern #1Shewhart’s Test for a Natural/Normal Pattern #2Shewharts Test for OutliersShewharts Test for Runs #1Shewharts Test for Runs #2Shewharts Test for Runs #3Shewharts Test for Sudden and Drastic Shift in LevelShewharts Test for a Stable MixtureShewharts Test for an Unstable MixtureShewharts Test for a Repeating Pattern/CycleShewharts Test for a Trend/Gradual Change in Level

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You have learned a lot about your process though the use of the tools and techniques ofSix Sigma. Now you want to be determine whether or not your new processis behaving predictably. So in this deliverable, you need to create an XmR (Individualand Moving Range) chart to answer the question, “Is there any assignable-cause variationin the process?” You are given total deposit cycle time (in hours) by period.InstructionsWe want to make sure you can calculate control limits. You will need toactually construct a control chart by hand.Control Charts in Excel 2003Control Charts in Excel 20071.2.3.4.What is the upper control limit for the range?What is the upper control limit for the individuals?What is the lower control limit for the individuals?What would you do with the process?a. What would you recommend?b. Is the measurement system discriminate?”I’m lost””Do I actually need to do this by hand?””I have no idea about this one”c. Is deposit cycle time in statistical control?”How can I do this without software?”Optional help using Excel 2003Optional help using Excel 2007Data:Data:Period12345678910111213141516171819202122232425262728HoursCycle Time453344305147393469432938454973385040573631464051483742501a. Calculate R-bar”How do I do that?”Check1b. Calculate theupper control limitfor the range”How do I do that?”Check2 & 3. Calculate thecontrol limits for theindividuals”How do I do that?”CheckYou do not need to submit an actual control chart for this deliverable.Project:Finance 2013 LAJDeliverable:Control ChartStudent last name:Calculated R-Bar:Upper control limit for the range:::13.07Upper control limit for the individuals:Lower control limit for the individuals:::78.88Work CheckThru42.759.33ROUND YOUR FINALANSWERS OUT TO 2DECIMAL PLACES.12 and 1540 and 4575 and 809 and 12Is the Moving Range chart stable? Justify your answer using ALL of the tests for stability covered in the onlinetextbook and virtual class on SPC. NOTE: IF YOU SAY THE CHART IS UNSTABLE, SPECIFY WHICH TEST(S) IT FAILSAND WHERE ON THE CHART IT FAILS BY REFERENCING THE SPECIFIC DATA POINTS THAT FAIL BY NUMBER (NOTVALUE).Must pass all Control Charts to be stableType your answer here. If you say the chart is unstable, specify which test(s) it failsand where on the chart by referencing the specific data point numbers.Is the Individuals chart stable? Justify your answer using ALL of the tests for stability covered in the onlinetextbook and virtual class on SPC. NOTE: IF YOU SAY THE CHART IS UNSTABLE, SPECIFY WHICHTEST(S) IT FAILS AND WHERE ON THE CHART IT FAILS BY REFERENCING THE SPECIFIC DATA POINTSTHAT FAIL BY NUMBER (NOT VALUE).Must pass all Control Charts to be stableType your answer here. If you say the chart is unstable, specify which test(s) it failsand where on the chart by referencing the specific data point numbers.Based upon what the control chart is telling you, what would you do next?Step Six in Control ChartingType your answer here.Is there adequate discrimination? Explain your answer: Which chart did you use and exactly howmany strata are there on that chart? How many strata should there be?Type your answer here and be sure to explain why you answeredthe way you did. HINT: Which chart did you use and exactly howmany strata are there on that chart?NoteTests for Stability*Control Chart Must Pass all of These to be Considered StableSet 1I and mR Interpretation: Test for Presence of Special or Assignable CausesX-bar and R Chart Interpretation: Tests for a Natural Pattern (test 1)X-bar and R Chart Interpretation: Tests for a Natural Pattern (test 2)X-bar and R Chart Interpretation: Tests for OutliersX-bar and R Chart Interpretation: Tests for Runs (Test 1)X-bar and R Chart Interpretation: Tests for Runs (Test 2)X-bar and R Chart Interpretation: Tests for Runs (Test 3)X-bar and R Chart Interpretation: Tests for TrendsX-bar and R Chart Interpretation: Tests for CyclesSet – 2Shewhart’s Test for a Natural/Normal Pattern #1Shewhart’s Test for a Natural/Normal Pattern #2Shewharts Test for OutliersShewharts Test for Runs #1Shewharts Test for Runs #2Shewharts Test for Runs #3Shewharts Test for Sudden and Drastic Shift in LevelShewharts Test for a Stable MixtureShewharts Test for an Unstable MixtureShewharts Test for a Repeating Pattern/CycleShewharts Test for a Trend/Gradual Change in Level

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