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You manage the quality for the production line of your company's running shoes. A salesperson for an equipment producer is trying to sell you on a new machine designed to cut the insoles for your shoes. Your company specifies that the thickness of the insoles must be 0.250 inches and can not be more than 0.001 of an inch from that specification (either above or below). The salesperson insists that the new machine will outperform your current machine because, through extensive testing, they have determined that the new machine has a production standard deviation of only 0.0005 inches for any chosen average thickness. Calculate Cpk for the salesperson's machine. Enter your answer two decimal places.
What increase in productivity is associated with the process improvement? Please provide steps with how you solved the answer.
As the automobile accident rate increases, insurers are forced to increase their premium rates. Companies such as Allstate have recently been running a campaign they hope will result in fewer accidents by their policyholders.
Which component would you recommend if Hilton Hotels desired to add an additional Oracle component. Evaluate the business benefit of this additional component.
Discuss and summarize the author's key points in the article titled "Conflict Management Strategies Used in Successful Family Business". The authors are Kenneth Kaye and Ritch L. Sorenson.
Daily demand for the ice creams at I-Scream parlor is normally distributed with a mean of 100 quarts and a standard deviation of 40 quarts. The owner has the ice cream supplied by a wholesaler who charges $2 per quart. The wholesaler charges a $90 de..
What is Leadership Style? What type do you have and does it need changing? Can we change? When we read or talk about leadership style, it is the pattern of behavior used by a leader in attempting to influence (motivate) group members and make deci..
Waygate's residential internet modem works well but is sensitive to power-line fluctuations. On average, this product hangs up and needs resetting every 200 hours. On average about 45 minutes is needed to reset this product. What is this product's..
1. what are the benefits of project management? provide an example of how you have relied on project management. based
The Elixer Drug Company produces a drug from two ingredients. Each ingredient contains the same three antibiotics, in different proportions. One gram of ingredient 1 contributes 3 units and one gram of ingredient 2 contributes 1 unit of antibiotic 1;..
A retail store had sales of $39,500 in April and $66,000 in May. The store employs nine fulltime workers who work a 40 - hour week. In April the store also had seven part-time workers at 10 hours per week, and in May the store had nine part-timers at..
There are certain universal principles of management that can be applied to any organization, public or private, profit or non-profit. These principles include determining and following the mission statement and allocating organizational resou..
Which of the following is NOT an example if how formal institutions affect supply chain management and marketing?
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