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A metal fabricator produces connecting rods with an outer diameter that has 1 +/- .01 inch specification. A machine operator takes several sample measurements over time and determines the sample mean outer diameter to be 1.002 inches with a standard deviation of .003 inch.
a) calculate the process capability index for this example
b) what does this figure tell you about the process.
Online publications such as BusinessWeek and The Economist, and assorted websites, will help you gather these facts.
Explain how does an organization's mission, vision, goals, philosophy, managerial roles also leadership impact the design, development also implementation of an organizational security plan.
Will your employer taken any action to help employees have a greater appreciation for their Employee Benefits? If yes, what specifically have they done?
Why is some knowledge of accounting necessary to succeed in business? Name some of the major stock exchanges where securities are traded. Describe the characteristics of each.
Caltech is company originated 1980 in animal feed industry. By 2007 company was worth $400 million. Can you give guidance to a SWOT analysis for Caltech.
Describe how this occurred. Share at least one example where technology has resulted in HRM becoming a strategic partner.HRM has moved from being of little importance in a corporation to being a strategic business partner
What is the difference between significance and meaningfulness?
(a) Compute MAPE for management's technique, (b) Do management's results outperform (ex have smaller MAPE than) a naive forecast?, (c) Which forecast do you recommend, based on lower forecast error?
Describe the market research process and then the notion of backward marketing research?
Computer-Aided Design is one of the techniques used by Regal Marine in the manufacturing of boats. With the aid of examples, critically discuss FIVE (5) techniques that are important to the design of Regal Marine's product
Explain how you could use JIT or Lean methods to make your life more efficient. Identify an activity or task which you do regularly also discuss application of JIT or Lean methods to eliminate waste.
Which decision making tool would be used in identifying possible causes for a problem?
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