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The data file xr09109 contains a simple random sample of 800 checks with the amount in US dollars written. Find the 98% confidence interval for the mean amount written per check. Provide the lower limit of the confidence interval.
Hill Inc. produces GPS devices that use a printed circuit board (PCB) obtained from a preferred supplier. The annual demand for the PCB is 16,000 units per year. Demand is relatively constant through the year and the ordering cost is $25 per order. d..
What are some possible explanations for the complaints and what actions might the manager comtemplate?
The Griffins, Browns, Swansons, and Quagmires are going on their annual family picnic. Four cars are available to transport the families to the picnic. The cars can carry the following number of people: Create an extra node to balance supply and dema..
Ethics are an important aspect of corporate culture. The tone at the top is part of what sets expectations for employees. Describe the tone at the top of your organization. If you were in charge, what would you do differently?
Develop three examples that illustrate how a manufacturing company of your choice uses JIT, and then determine three to four benefits of JIT for that particular organization. Provide specific examples to support your rationale.
Do you think it is possible to have employees that are "Satisfied" and still have them working in a position that doesn't pay much or doesn't offer any benefits? Where might you find a job like this and how would you make sure your employees feel wan..
A pharmaceutical manufacturer actively monitors all products produced to verify their ingredients fall within rigid control ranges that ensure product effectiveness. This monitoring allows them to make adjustments should they see negative trends o..
How important is the individual in the culture? How important is the group? How is space used (e.g., how close should two people who are social acquaintances stand next to one another when they are having a conversation?)
Explain the process of financial planning used to estimate asset investment requirements for a corporation. Explain the concept of working capital management. Identify and briefly describe several financial instruments that are used as marketable ..
Explain why adding as much contingency reserve as needed to fully cover every risk to its fullest would or would not be a good idea. Think of an example to determine how much contingency reserve is needed for a project and why.
Which of these ideas do you agree or disagree with? How do you feel one or more of these concepts will affect your future job opportunities? What interest, skills, and values do you possess that will be relevant in the emerging global economy? What s..
While we all became familiar with the "Parable of the Sadhu," what do you believe the intent of the authors including it in our discussions? What should we gain from it? Is it relevant? Are there any obscure, well-hidden lessons that may not be ob..
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