Evaluate the lower and upper control limits for the chart

Assignment Help Marketing Management
Reference no: EM132035

Question 1. The Chair of the Management Department at UB wants to construct a p-chart for determining whether the four faculty members teaching the MGMT 339 course are under control with regards to the number of students who fail in the course. Accordingly, the Chair sampled 100 final grades from last year for each instructor, and computed the proportion of failures per instructor as .03, .02, 0, and .03 respectively.

a) Evaluate the lower and upper control limits for this chart. 

b) A newly hired adjunct taught a class of 50 students this semester and 4 students failed the class.  Is the process still in control?

Question 2. The Yummy Ice cream company has sold the given number of gallons of ice cream for the past three days. Complete the missing entries using a = 0.4. You must give details of calculations for all entries.

Period

Dt

Ft

et

MADt

Tracking Signal

0

 

 

 

1

 

1

20

16

 

 

 

2

26

 

 

 

 

3

14

 

 

 

 

Question 3. A company has the given forecast demand for the next five months:  1,600, 2,400, 3,200, 2,800, and 2,400.  The following information is also available.

                 current work force = 15

                 workdays/month = 20

                 labor hours/unit = 2

                 working time/day = 8

                 hiring cost/worker = $100

                 layoff cost/worker = $50

Inventory, overtime, stockouts, and subcontracting are not allowed. Only hiring and layoff are allowed to respond to fluctuations in demand.  Evaluate the total cost of hiring and layoff during the five-month period.

Reference no: EM132035

Questions Cloud

Construct a frequency distribution for payment method : Construct a frequency distribution for Payment method
Efqm model : EFQM model as a system for managing quality improvement
Determine the expected value of return : Determine the expected value of return,  Evaluate the value of the bond if the required return is (1) 12%, (2) 14%, and (3) 10%, with 10 years to maturity.
Importance of the independent variable in linear regression : Discuss the importance of the independent variable in Linear Regression.
Evaluate the lower and upper control limits for the chart : Evaluate the lower and upper control limits for the chart
Financial management and markets : Problems on Financial Management and Markets
How income may change savings behavior : How income may change savings behavior
Multiple regression analysis : Multiple regression analysis based on the assumptions of linearity and normality.
Entrepreneurship and capital venturing : Describe the Schumpeterian notion of "creative destruction"

Reviews

Write a Review

Marketing Management Questions & Answers

  Integrated marketing communication

Developing an IMC plan of Amazon that aims to create awareness and knowledge amongst Singaporean  consumers of the ethics involved in buying clothing made from Bangladeshi factories  .

  Multiple choice questions on e-commerce

The assignment in Computer Science or Information Technology is about multiple choice questions, particularly in e-commerce. Questions such as types of e-commerce websites, commercial websites, disintermediation, Platform for Piracy, the data that ca..

  Balanced scorecard for red lobster

The assignment in marketing is about Red Lobster, which is one US and Canada's most loved seafood restaurant. It has hundreds of outlets in US and Canada and it now wants to expand further. The approach adopted by Red Lobster has been discussed in fu..

  Marketing plan - marketing audit, swot and smart report

The assignment in marketing is about preparing a marketing plan. As part of marketing plan, the SWOT analysis, assessing the competitive position, identifying critical competitive issues, marketing objectives, strategy and actions have been suggested..

  Marketing plan

Marketing deals with preparing a marketing plan for either an existing product or a new product. Various aspects about launching a new product into the market are discussed ranging from the industry the product belongs to, goals and vision of the com..

  Yamato corporation analysis - harvard case study

Please refer to the PDF for the Case Study and questions.The case study from Harvard Business School is about Yamato Corporation, a parcel delivery company which provides door to door delivery in Japan.

  Marketing plan - create a new product

The assignment in marketing is about competitive analysis for a new product namely "heated insoles". These heated insoles can be put in shoes and they can protect the wearer's feet by keeping them warm during cold winters.

  Report on digital marketing strategy for a website

Promotion strategies of  the one's own developed website

  Integrated marketing campaign of mccafe

Integrated marketing campaign for McDonald's McCafe. McCafe has been launched in Canada. This is a case study which involves the use of digital marketing and social media marketing apart from regular marketing such as TV and radio. All these more are..

  New product development at adidas

In this paper, the researcher also determines the different kind of practices used by Adidas to manufacture shoes for its customers.

  Managing services in competitive environment

Services can be defined as separately identifiable, intangible activities which provide want-satisfaction when marketed to household consumers and/or industrial users.

  Prepare a marketing plan

A marketing plan is an essential tool for any marketer, providing direction for a brand, product or organization. A marketing plan describes the marketing environment, marketing objectives and marketing strategies.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd