Loan processing times are being monitored at a local


Loan Processing times are being monitored at a local company. Samples of ten observations each have been taken, and the results are listed. Using Factors from Table 10.2, determine lower and upper control limits for a a Range chart

Sample Number 1         2        3

-------------       63       65       60

-------------       61       64       75

-------------       72       58       79

-------------       69       63       64

-------------       74       63       64

-------------       74       54       67

-------------       66       61       66

-------------       75       74       66

-------------       79       72       76

-------------       69       59       60

2.09 , 41.325

4.18 , 33.82

53.842 , 80.29

0 , 48.83

None of the Above

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Operation Management: Loan processing times are being monitored at a local
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