Reference no: EM131161919
1. Explain the three categories of statistical quality control (SQC). How are they different, what different information do they provide, and how can they be used together?
2. Describe three recent situations in which you were directly affected by poor product or service quality.
3. Discuss the key differences between common and assignable causes of variation. Give examples.
4. Describe a quality control chart and how it can be used. What are the upper and lower control limits? What does it mean if an observation falls outside the control limits?
5. Explain the differences between x-bar and R-charts. How can they be used together and why would it be important to use them together?
6. Explain the use of p-charts and c-charts. When would you use one rather than the other? Give examples of measurements for both p-charts and c-charts.
7. Explain what is meant by process capability. Why is it important? What does it tell us? How can it be measured?
8. Describe the process of acceptance sampling. What types of sampling plans are there? What is acceptance sampling used for?
9. Describe the concept of six-sigma quality. Why is such a high quality level important?
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Markups-prices under third-degree price discrimination
: You are the manager of a monopoly that sells a product to two groups of consumers in different parts of the country. Group 1’s elasticity of demand is -3, while group 2’s is -4. Your marginal cost of producing the product is $20. Determine your optim..
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What business and hr objectives were most important
: How did the transition affect the business objectives of the company - What strategies do you recommend HR implement to find a successor? How do these strategies align with the overall business objectives?
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Problem regarding the average lifetime
: How fast must a pion be moving to travel 105 m (according to the laboratory frame) before it decays. The average lifetime, at rest, of a pion is 2.60 10-8 s. Give your answer in units of meters per second (m/s) and as a fraction of the speed of li..
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Predict forecasts for the admissions
: Predict forecasts for the admissions from the third week of April through the fourth week of May, using linear regression.
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Describe the process of acceptance sampling
: Describe the process of acceptance sampling. What types of sampling plans are there? What is acceptance sampling used for? Describe the concept of six-sigma quality. Why is such a high quality level important?
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Calculate the equivalent resistance
: (a) Calculate the equivalent resistance of the R1 and 5.00-Ω resistors connected in parallel. Ω (b) Using the result of part (a), calculate the combined resistance of the R1, 5.00-Ω and 4.00-Ω resistors. Ω
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Monetary policy and inflation
: Monetary policy and inflation. Assume that the monetary authority initially wants to create inflation of 1% each year, that is, have prices rise every year at this rate. Use the AS-AD graph for the monetary misperceptions model to show what this poli..
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How organisations operate within their environments
: Do you attribute this view as contributing to disasters such as the Brazil case or do you attribute the profit motive, a key characteristic of capitalism as having a large impact on how organisations operate within their environments?
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Equilibrium output level and equilibrium interest rate plus
: Utopia is described by the following equations: C=80+0.75Y I=115-10r T=20+0.2Y M=20+0.05Y G=200 X=100 Money supply=450 L=110+0.55Y-10r F= -60+2r B= F+X-M Calculate: (a) Equilibrium output level and the equilibrium interest rate plus the position on t..
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