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Question: Why is achievement of the following goals critical to the success of lean systems?
a. Setup time and cost reduction.
b. A relatively stable shop load.
c. Employee empowerment.
d. Statistical quality control. Give an example of how each area contributes to the success of a lean system.
ABC Corp.’s computer chip production process yields DRAMchips with an average life of 2,000 hours and standard deviation = 100 hours. The tolerance upper and lower limits are 2,400 hours and 1,600 hours, respectively. Is this process capable (sigma c..
Organizational Structure is a key element in getting firm capabilities and resources to work right for you. Choose any of the organizational characteristics of MNC's (Formalization, Specialization, Centralization) discussed in the book and give an ex..
Annual fixed costs are $900,000 and $800,000 for outsourcing and insourcing, respectively, and variable costs are $32 and $28 for outsourcing and insourcing, respectively. If current annual demand is 25,000 units, by how much must demand be changed i..
Analyze SOUTHWEST airline strategic industry positioning to write mission and vision statements that are consistent with a recommended plan.
What processes are needed in order to shape alternative design strategies for a system?
What kind of new competitive challenges are the Big Three facing today? Search the internet to see how they are faring against their global competitors
How does Lou Doug’s define and communicating brand? What role has social media played in his marketing. Share how you can use social media to communicate with your community to build you business and brand. Do you agree or disagree?
For measuring marketing mix evaluation, what three metrics are most critical to business sustainment and growth? Explain.
Assume that Betty decides to drop out of university to go to Hollywood and become a movie star.
What is a disaster recovery plan in relation to a business continuity plan? Are both necessary?
The formulation of evaluation criteria has long-lasting implications throughout the life cycle of a contract.
An article review is a 2-3 page paper (not including cover page and/or references) based on a business article from a business publication about Operations Management. The article must have appeared in the publication no more than 90 days prior to th..
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