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Describe several "measurements of supply chain performance" that can impact and drive changes or improvements to a business operations activity. Give at least two examples of the measurements.
If bicycle sales are expected to reach 10,000 over the holiday shopping season, explain how many 26 inch bikes should Best Wheels plan to produce. Explain how many 10 speed bikes.
The length of each rod in the samples was decided. The results were tabulated and sample means and ranges were computed. The results were. Decide the upper and lower control limits and the overall means for ? charts and R - Charts.
Construct a control chart for test errors and set the control limits to contain 99.73% of the random variations in test scores. What does the chart tell you? Has the new math program been effective?
Given that unit cost = $25, annual carrying charge = 10%, annual demand = 4000 units and ordering cost = $15 per order. Assume that there are 50 weeks in the work year and 5 working days per week. The lead-time for the product is 2 weeks.
SPC is an operational level technique of ensuring quality conformance. How many of the benefits of bringing the plant under control would you class as strategic?
List 2 different torts a fast food business might have trouble with. Explain how the business could reduce their risk for each of the torts.
The Sanchez Company has decided to invest in a new capital budgeting project that will require a net investment of $450,000. This project is expected to generate annual operating cash flows
At a staff meeting, one employee suggested ways to load the ovens differently so that more loaves of bread can be baked at one time
in the past the defective rate for your product has been 1.5% when are the upper and lower control chart limits if you wish to use a same size of 500 and z= 3?
productivity was down 36% in 2014 while labor costs fell 20%. What was the change in output?
Which one of the 5 generic competitive strategies is most likely to be best suited for an industry whose product is a commodity? Explain.
Illustrates what are the components of procedural rationality and explain the general findings from research and best practices.
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