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Compact case
Case
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Reference no. 682-013-1
Authors: John Mapes
Published by: Cranfield School of Management
Published in: 1982
Length: 3 pages
Data source: Generalised experience

Abstract

The case involves determination of the optimum interval between resetting for a machine producing shafts. The cost of downtime must be balanced against the cost of scrap. Solution of the problem requires the students to combine their knowledge of sampling theory, the normal distribution and regression analysis.
Location:
Industry:
Size:
100 employees
Other setting(s):
1981

About

Abstract

The case involves determination of the optimum interval between resetting for a machine producing shafts. The cost of downtime must be balanced against the cost of scrap. Solution of the problem requires the students to combine their knowledge of sampling theory, the normal distribution and regression analysis.

Settings

Location:
Industry:
Size:
100 employees
Other setting(s):
1981

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