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As an inkjet cartridge manufacturer, our manufacturing plant would most likely use an ANOVA test to determine the best materials to use to build a product for a customer. Our company may need to test which plastic is the strongest to buy from. If the cost of three different types of plastics is significantly different in price, the company may be looking for ways to save money, but still provide a quality product. The ANOVA test would be acceptable to test the durability of all plastics and determine which would be the best to build our product. We may find all the plastics are strong enough to withstand the use of the product they are going to build. This would allow us to choose the least expensive of the samples as the material used. Discuss briefly what challenges they can have and what they can do to solve them?
The purchasing manager for the Pacific Steel Company must determine a policy for ordering coal to operate 12 converters. Each converter requires exactly 5 tons of coal per day to operate, and the firm operates 360 days per year. Determine the optimal..
Drivers who come to get their licenses at the Department of Motor Vehicles have their photograph taken by an automated machine that develops the photograph onto the license card and laminates the complete license. The machine requires a constant time..
How would you measure the efficiency of the process and what key design principles appeared to govern the effectiveness of this establishment's process?
Describe the various qualitative and quantitative forecasting methods available. How would you choose the appropriate forecasting method? Include examples in your response. Why would Stephen Covey have said that collaboration is better than compromis..
A hardware store bought a gross (12 dozen) of hammers, paying $602.40 for the total order. The retailer estimated operating expenses for this product to be 35% of sales, and wanted a net profit of 5% of sales. The retailer expected no markdowns. What..
Following the collapse of Enron, its beleaguered auditor, the major accounting firm Arthur Andersen (AA), had to sell off parts of its practice to former competitors. Compare job content of AA jobs with the content of their firm's jobs. Identifying w..
What management issues should your team consider in making the evaluation? Explain. What policy instruments can Mexico use to attract additional FDI inflows?
What type of wire insulation shall be used on an extension cord in a construction setting? (What type of coating is required on the extension cord?) Identify codes that should be stamped on the coating.
Determine the total costs of ordering and holding inventory for the year to see how much could they save by ordering the EOQ amount when they order paper once a week.
Describe a net-change system. It is usually run at the beginning of each month. The basic production plan is modified to reflect changes as they occur. It is used to authorize the execution of planned orders.
3. What kind of strategy do the Chinese use? 4. Rules for doing buniess in China. 5. Why America outsource so much? Summarize doing business in China.
Suppose you are asked to build a database application for a bicycle rental shop.
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