SmartExpert

(118)

$30/per page/Negotiable

About SmartExpert

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Accounting,Business & Finance See all
Accounting,Business & Finance,Economics,English,HR Management,Math Hide all
Teaching Since: Apr 2017
Last Sign in: 7 Weeks Ago, 2 Days Ago
Questions Answered: 7559
Tutorials Posted: 7341

Education

  • BS,MBA, PHD
    Adelphi University/Devry
    Apr-2000 - Mar-2005

Experience

  • HOD ,Professor
    Adelphi University
    Sep-2007 - Apr-2017

Category > Math Posted 07 Oct 2017 My Price 10.00

MAT 510 Week 8 Homework Assignment 7

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.

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:

1.      What is the nature of the effects of the factors studied in this experiment?

 

2.      What strategy would you use to reduce invoice errors, given the results of this experiment?

Answers

SmartExpert
(118)
Status NEW Posted 07 Oct 2017 07:10 PM My Price 10.00

MAT----------- 51-----------0 W-----------eek----------- 8 -----------Hom-----------ewo-----------rk -----------Ass-----------ign-----------men-----------t 7-----------

Attachments

file 1507406305-MAT 510 Week 8 Homework Answer.xlsx preview (399 words )
Ta-----------ble-----------: I-----------nvo-----------ice----------- Ex-----------per-----------ime-----------nt -----------Err-----------orN-----------umb-----------er -----------of -----------Err-----------ors------------+P-----------rod-----------uct----------- Ty-----------pe:----------- Co-----------mmo-----------dit-----------y (------------),----------- Sp-----------eci-----------alt-----------y (-----------=)C-----------ust-----------ome-----------r S-----------ize----------- (X-----------1)C-----------ust-----------ome-----------r L-----------oca-----------tio-----------n (-----------X2)-----------Pro-----------duc-----------t T-----------ype----------- (X-----------3)X-----------(1)-----------X(2-----------)X(-----------1)X-----------(3)-----------X(2-----------)X(-----------3)X-----------(1)-----------X(2-----------)X(-----------3)s-----------um+-----------sum------------av-----------e +-----------ave------------ef-----------fec-----------tRe-----------gre-----------ssi-----------on -----------Coe-----------ffi-----------cie-----------nts-----------b0 -----------=b1-----------=b2-----------=b3-----------=b4-----------=b5----------- =b-----------6=b-----------7=R-----------egr-----------ess-----------ion----------- Mo-----------del-----------y =-----------30 -----------+ x-----------1 ------------ 3.-----------75*----------- X2----------- + -----------4.7-----------5x3----------- - -----------0.7-----------5 x-----------1 x-----------2 +----------- 1.-----------25x-----------1 x-----------3 +----------- 2.-----------5x2----------- x3----------- + ----------- x1----------- x2----------- x3-----------Wha-----------t i-----------s t-----------he -----------nat-----------ure----------- of----------- th-----------e e-----------ffe-----------cts----------- of----------- th-----------e f-----------act-----------ors----------- st-----------udi-----------ed -----------in -----------thi-----------s e-----------xpe-----------rim-----------ent-----------?Wh-----------at
Not Rated(0)
Relevent Questions