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1. A colleague says that if the confidence level is 95%, then the probability that the true mean/average is within the calculated confidence interval is 95%. Explain why this is true or false.
2. Explain customer perspective as one of dimensions of the balanced scorecard in Hotel context
3. Discuss people/innovation perspective as one of the dimension of balanced scorecard in hotel context
4. Explain the Financial perspective as one of dimension of the balanced scorecard for hotel business.
What Operation Management decisions would need to be made to change their repetitive focus process strategy
The typical resource managed in most projects is people’s time. Additional resources that may need to be considered are: Machine time/capacity – Does the project require time on a specific machine, particularly one that is a scarce resource? Resource..
Using the information from the Nightingale Project A (end of Chapter 9), you will create a MS Project schedule and answer the questions from the end of the case, however, you will note the following changes: When will the project be completed? What i..
What recommendation would you make as to how to label the warranty in marketing campaigns? Why?
The fundamental aspects of Operations & Quality Management
Describe the basic steps in conducting a wage and salary survey. What are some factors to consider? One of the objections to granting a wage increases on a percentage basis is that the lowest-paid employees, who are having the most trouble making end..
Illustrate what is difference between independent also dependant demand in a McDonalds restaurant. Describe optimum preventive maintenance frequency for each of pieces of equipment if breakdown time is normally distributed.
Further, the consultant helped determine that their annual carrying costs were 1/3 of the unit price of $60. Demand is fairly constant at 19,200 units per year. What are their total annual inventory costs for this product?
Eduardo has recently moved to Pittsburgh and wishes to enhance his social life. While visiting the website of Made For You, Eduardo reads a pop-up window that states, “We are making a special introductory offer to new subscribers of $19.95 a month. H..
What are two common law theories under which individuals who have been harmed by polluters can obtain damages and injunctions?
Please take on the role of a different part of the world or major country in a region (United States, Europe, United Kingdom, Asia, China, Middle East, Egypt, etc.). Based on what you’ve learned in this class about different cultures in these regions..
A furniture company makes tables and chairs - always 6 chairs to each table. The variable cost per table is $40 and that per chair is $10; the selling prices are $60 and $15 respectively. The fixed cost of equipment is $4,000. How many tables must be..
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