Which of the following factors determine the useful life of the asset? 1. Technological obsolescence
2. Maintenance polices followed by the organization
3. Number of the shifts the assets will be put in use

a) 1 and 2
b) all
c) 2 and 3
d) 1 and 3

Q3. loral corporation manufactures parts for an aircraft company. it uses a computerized numerical controlled (cnc) machining center to produce a specific part that has a design (nominal) target of 1.275 inches with tolerances of ± 0.020 inch. the cnc process that manufactures these parts has a mean of 1.285 inches and a standard deviation of 0.005 inch. compute the process capability ratio and process capability index, and comment on the overall capability of the process to meet the design specifications.