How could these data be used to impact

Assignment Help Operation Management
Reference no: EM13881348

Discussion 1-

This week's discussion surrounds an example of how one industry used statistics to make important analytics decisions about how it best served its customers:

In the 1960s, data were collected on the weights of people to determine the safe passenger capacity of aircraft. Using a random sample the mean weight was found to be 166.3 lbs.

In recent decades, the mean weight of the population has increased considerably, so we need to update our estimate of that mean.

Recently, a simple random sample of the weights of n = 40 people was collected and found to have a mean of = 172.55 lb.

How could these data be used to impact airline passengers' experiences? Consider areas such as ticket purchasing, cost, safety, customer service, or any other area that may come to mind.

Comment on your classmates posts by discussing the similarities and differences among your postings.

Discussion #2

A controversial issue in the news around the US and the world is the technique of hydraulic fracturing for oil and gas, or "fracking". Fracking involves injecting water, sand, and chemicals deep under ground at high pressures to explode, or fracture, shale layers, thereby releasing and forcing natural gas/oil deposits up the drilled well back to the surface.

Proponents claim that fracking has been done safely in some form for about 60 years, supplies us with much needed energy, reduces our dependence on foreign energy sources, provides much needed jobs and economic benefits to local and regional economies, and has not been proven unsafe by any government agency.

Opponents claim that fracking fluid contains toxics such as benzene and arsenic which can be released during fracking and related activities, polluting the air, water, and soil, negatively impacting the health of those close to well sites, and lowering property values. Fracking also releases large amounts of climate changing methane, far more potent than CO2. They further claim that the oil and gas industry uses its wealth and political connections to stifle debate, research, protective legislation, and our green energy future.

What do you think? Please research fracking, arrive at an informed, researched opinion, and make substantive posts in the discussion area, citing your sources.

Reference no: EM13881348

Questions Cloud

Can you identify the endogenous variables in preceding model : Can you identify the endogenous and exogenous variables in the pre- ceding model?
Did the company generate more revenue from selling goods : Did the company generate more revenue from selling goods or providing services to customers. If the company paid $ 20,000 for advertising during the current year, what amount is owed at the end of the year? In what account would the amount still owin..
Microsoft reports its fourth quarter result : The charge will be $1.05 billion to $1.15 billion for the quarter ended June 30. Microsoft reports its fourth quarter results July 19.
The government should never use fiscal policy : The government should never use fiscal policy to combat business cycle fluctuations coming from changes in autonomous investment if it also wishes to keep longer term movements in the price level to a minimum. Is this claim true, false or uncertain?
How could these data be used to impact : How could these data be used to impact airline passengers' experiences? Consider areas such as ticket purchasing, cost, safety, customer service, or any other area that may come to mind
Heat boiler contributes to the plant profitability : At what rate (k mol/s) must fuel gas be burned to produce 1250 kg steam per hour (an amount required elsewhere in the plant) in the waste heat boiler? What is the volumetric flow rate (m3/s) of the gas leaving the boiler? Briefly explain how the w..
Which are the endogenous variables in the model : To study the relationship between in?ation and yield on common stock, Bruno Oudet‡ used the following model: Rbt = α1 + α2 Rst + α3 Rbt-1 + α4 Lt + α5 Yt + α6 NIS t + α7 It + u1t Rst = β1 + β2 Rbt + β3 Rbt-1 + β4 Lt + β5 Yt + β6 NIS t + β7 Et + ..
Mark each item in the following list with a letter : The Coca-Cola Company is one of the world's leading manufacturers, marketers, and distributors of nonalcoholic beverage concentrates and syrups, producing more than 500 beverage brands. Mark each item in the following list with a letter to indicate w..
Make a project on developing an online gift store : Make a project on developing an online gift store for gift item selling by using PHP({[P]ersonaL [H]ome [P]age} Hypertext Preprocessor). The system should be  an online application that can be accessed through the web.

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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