A sales completion team, aiming to reduce the shipment time of urgent orders, studies the current process and finds that the current shipment time has a mean of 4 days with a standard deviation of 1.5 days. Industry expectations are for urgent shipments to be delivered between 1 and 5 days. (3) Another manager felt that the standard deviation could be reduced to 0.8 days without changing the mean. What is the process capability Cpk of the ne

MARKETING 2018
19th Edition
ISBN:9780357033753
Author:Pride
Publisher:Pride
Chapter1: An Overview Of Strategic Marketing
Section1.2: Dollar Shave Club: The Company For Men
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A sales completion team, aiming to reduce the shipment time of urgent orders, studies the current process and finds that the current shipment time has a mean of 4 days with a standard deviation of 1.5 days. Industry expectations are for urgent shipments to be delivered between 1 and 5 days.

(3) Another manager felt that the standard deviation could be reduced to 0.8 days without changing the mean. What is the process capability Cpk of the new system? Please keep 4 decimal places for your answer.

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