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A small producer of machine tools wants to move to a larger building, and has identified two alternatives.
What are the Key Process In Variables (KPIV) and Key Process Output Variables (KPOV).
Create a process flow chart that describes a manufacturing or service process you are familiar with. List the followings;
In a single-server model what is the probabilty of 3 customers in the system? Arrival rate: 1.2 calls per minute. Service Rate: 2.1 calls per minute.
Ski Boards, Inc. wants to enter the market quickly with a new finish on its ski boards. It has three choices:
Describe the discounted-cash flow technique or techniques you would recommend in a capital-rationing situation and explain your reasons for your recommendation.
List here the possible solutions to the major problem. Let your imagination come up with alternative ways to solve the problem.
Explain Completely randomized design. Explain Classification variable. ExplainTukey-Kramer procedure.
Create a separate new matrix that summarizes the additional risk factors for this firm launching a management consultancy or legal services line.
What factors should be considered in making this decision? What conditions would need to change for you to select another location? Explain your rationale.
Describe one of the Deming and Juran approaches to quality improvement and how its use might affect a company.
Evaluate the performance of the three forecasting methods using common measures of forecast error (e.g., MAD).
What are some option features that the plan cannot possess to avoid being compensatory? What is the service period for a share purchase plan?
Determine each alternative's break-even point in units. (Round your answer to the nearest whole amount.)
What are the labor utilization rates for the MD, NP, PA, BC, RRC and the RC? Are these values reasonable for this type of process?
Based on past experience, demand forecasters at Ivy Air have determined the following upper bounds on the number of potential customers.
Examine two potential risks that could adversely affect operational effectiveness of U.S. multinational corporations that have plans to do business in Cuba.
Calculate Cp and Cpk for each process and interpret these ratios. Which process should be preferred and why.
Evaluate the data on common nosocomial diseases and compile a treatment contingency plan for dealing with the hospital infections.
What is the capacity of the machine expressed in kits per minute with the given batch sizes? What is the utilization of the machine?
Refer to the scenario. Formulate (write out algebraically) an LP transportation model to help Sinclair minimize its shipping costs.
analyze the main reasons why it is important for practice administrators to understand how these laws affect the operations of the medical practice.
These three components have reliabilities of .9998, .9992, and .9999. There is no possibility of backup. What is the reliability of the motor?
Two major types of products are routed through the milling machine. The annual demand for product A is 4000 units and 3000 units for product B.
Refer to the scenario. Suppose the shipping capacity between any two plants was limited to 2,500 tons per month.