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A Belt working in a supply chain environment has to make a decision to change...

A Belt working in a supply chain environment has to make a decision to change suppliers of critical raw materials for a new product upgrade. The purchasing manager is depending on the Belt’s effort requiring that the average cost of an internal critical raw material component be less than or equal to $4,200 in order to stay within budget. Using a sample of 35 first article components, a Mean of the new product upgrade price of $4,060, and a Standard Deviation of $98 was estimated. In order to increase the Long Term Z value to 4, what is the maximum long term variation in pricing the Belt can accept for his upgraded critical raw material component?

A.

$20

B.

$35

C.

$70

D.

$110

ASQ CSSBB Summary

  • Vendor: ASQ
  • Product: CSSBB
  • Update on: Jul 25, 2025
  • Questions: 300
Price: $52.5  $149.99
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