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A new product is being tested by Zed Electronics to determine if it will continue to operate in a stable fashion under a variety of conditions. A sample of 400 items items were tested, and 60 failed the test. Determine a 90 percent confidence interval for the population proportion.
Setting the price of a product to maximize profit is a nonlinear problem that could be assigned to a management scientist. Demand D for a product is generally a decreasing function of price P. When the price is low demand is high but the profit is sm..
A Virginia county is considering whether to pay $50,000 per year to lease a prisoner transfer facility in a prime location near Washington D.C. they estimate it will cost $50 per prisoners to process the paperwork at this new location.
Furniture Face Lift refinishes old wood furniture. Their process for refinishing chairs has 8 workers and 4 stations. Each chair starts at the Stripping station, then goes to Priming, then to Painting and finally to Inspection.
Case: IndyCar Auto racing is the fastest growing spectator sport in the United States. Unfortunately, open-wheel racing has experienced a period of decline while other forms of auto racing—most notably NASCAR—have grown. After years of damaging compe..
Analyze the concept of line versus staff authority and determine ways a manager may become an effective delegator of authority.
Rick Wing has a repetitive manufacturing plant producing automobile steering wheels. Use the following data to prepare for a reduced lot size. What is the setup cost, based on the desired lot size
Boeing strategy appears to focus on its 777 midsize plane ability to fly into smaller, nonhub airports. Rival European Airbus strategy appears to focus on large planes. Compare the advantages and disadvantages of these two strategies.
Identify the methods dealing with resistance to change. Indicate when each method should be used and describe the potential advantages and disadvantages that are associated with using each method.
Apex brothers builds bird houses for its customers. The average birdhouse is priced at $30. Labor costs for a birdhouse average $10 per birdhouse, material costs average $3 per birdhouse, and overhead costs average $5 per birdhouse. what is the labor..
Identify three TQM tools that may be used for ongoing process improvement. Be sure to describe who will use the tool, when it will be used, and what interval and how it will lead to process improvement.
Identify four potential unethical actions or inactions related to capacity planning, and the ethical principle each violates.
How is additional capacity gained on the bottlenecks? Why does it appear that the bottlenecks are spreading? What is the impact of this? What is done to correct it? What are the problems with the current system of measuring the plant’s performance? W..
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