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A pizza delivery company promises to deliver all customer orders within one hour of receiving an order at one of its stores. Actual data for all pizza delivered during the past week showed that the average delivery time was 40 minutes and standard deviation was 10 minutes.
(A) Is the company delivering Six Sigma quality to its customers?
(B) If not, then how much should the standard deviation of the process be reduced to get six sigman quality?
Explain how might the subsequent business specialists use learning curves: accountants, marketers, financial analysts, personnel managers also computer programmers.
different standards for different products or services (e.g., 1.00, 1.20, 1.33 also 1.40). Elucidate what reasons might there be for using a single measure also Elucidate what reasons might there be for using multiple standards.
Illustrate what potential legal or ethical issues which might be encountered if this type of policy is implemented as well as ways to avoid these issues.
Why should decision makers who're primarily concerned with the marketing or finance or production know about linear programming?
Resolve the model developed in 3) and identify the new plant locations and the minimum cost. Identify an additional scenario and develop a model for the scenario. Analyze the model and discuss your model results.
Illustrate what is the average value of a loyal customer (VLC) at Abby's restaurants. Illustrate what is the best way to increase income given your VLC analysis.
Elucidate what reorder point would you recommend. Elucidate what is the safety stock also annual safety stock costs for this product.
What are the total annual holding and ordering costs associated with your recommended EOQ? What is the cycle time?
Carlson's machine center has a relatively long backlog and sets fresh schedules every 2 weeks, which do not disturb earlier schedules
Explain how much will this price the Co- op per yr. Under illustrate what conditions would you agree to the supplier's proposal.
Providing more employment opportunities for women, minorities also the disabled. Calculating the estimated cost of human capital for the fiscal year mapping out employee training programs.
the ordering cost can be cut to $4.00, illustrate what will be the new economic order quantity, order frequency and Yearly inventory management cost.
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