Final answer:
If new machine tooling is installed, the process capability ratio (Cp) would typically increase due to improved precision and accuracy in production.
Step-by-step explanation:
If new machine tooling is installed, the process capability ratio (Cp) would typically increase.
Cp is a measure of how well a process can consistently produce outputs within specification limits. When new machine tooling is installed, it can lead to more precise and accurate production, reducing variability in the process. This improvement in process capability results in a higher Cp value.
For example, if the old machine tooling had an average length measurement of 10 units with a standard deviation of 1 unit, and the new machine tooling has an average length measurement of 10 units with a standard deviation of 0.5 units, the Cp value would increase.