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Ritz Product's materials manager, Tej Dhakar, must determine to make or buy a new semiconductor for the wrist TV that the firm is about to produce. One million units are expected to be produced over the life cycle. If the product is made, start-up and production costs of the make decision total 1 million, with a probability of .4 that the product will be satisfactory and a .6 probability that it will not. If the product is not satisfactory, the firm will have to reevaluate the decision. If the decision is reevaluated, the choice will be whether to spend another 1million to redesign the semiconductor or to purchase. Likelihood of success the second time that the make decision is made is .9. If the second make decision also fails the firm must purchase. Regardless of when the purchase takes place, Dhakar's best judgement of cost is that Ritz will pay $.50 for each purchased semiconductor plus $1 million in vendor development cost. A. Assuming that RItz must have a semiconductor (stopping or doing without is not a viable option) what is the best decision? B) What criteria did you use to make the decision? C) what is the worst that can happen to Ritz as a result of this particular decision? What is the best that can happen?
Determine the UCL and LCL for the X-Bar and the R-Chart for the sample size of 6.
The Barberton Municipal division of Road Maintenance is charged with road repair in the city of Barberton and the surrounding area. Cindy? Kramer, road maintenance? director, must submit a staffing plan for the next year based on a set schedule for r..
You are scheduled to interview with the Board of Directors for the open Chief Operating Officer position at Under Armour.
Full Limo Inc. offers high-end transportation services between the King of Prussia Mall (KPM) and Center City Philadelphia (22.5 miles). The invested capital is $800,000, corresponding to the investment in the 4 luxury vans it owns (you can ig..
Midway through the project your design and production people realize that a 75 percent improvement curve is more appropriate
Question 1: What is the purpose of clinical practice guidelines? Question 2: A service is cost-efficient when:
What grade would you give Elon Musk for his handling of the battery pack fires and battery-charging fire in the residential garage of a Model S owner? What are the issues/problems that Elon Musk and other members of Tesla’s top management team need t..
Case Study Analysis: Durable Vinyl Siding Corporation
Describe the meaning of the following two Resource Records
The price of oil has been dropping significantly recently. This urges fund managers to adjust their investment portfolios. In particular, many fund managers in Canada used to have a significant portion of their investments in the energy sector, but n..
During 2013, 400 people were hired for a particular job. Of the total, 300 were white and 100 were black. There were 1,200 qualified applicants for these jobs, of whom 800 were white and 400 were black. Does adverse impact exist? If adverse impact ex..
Using the District4WarehouseMove WBS.xls provided, create a Microsoft project plan for the District 4 Warehouse Move project. Use the PDF document, Project Plan Check - District4Move, to check your work to be sure you have created your starting pr..
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