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As a quality engineer working on the Rangdo production line, you have determined that the probability of producing a defective part is 6%. You want to develop a plan to monitor the quality of this line. Your idea is to take a sample of 20 parts every hour and determine the number of defectives. How many defectives do you need to find (or more) in a sample of 20 so that you will shut down the line. You want to be 95% sure that there is a real problem beyond random noise before you shut down the line.
Find out machine downtime represents a cost of $70 per hour; operator cost (including salary and fringe benefits) is $15 per hour. Illustrate what is optimum number of operators.
Procurement Department refuses to make the last payment, although the funds are available. Considering the role of a PM in fulfilment of tasks, Can you suggest why procurement denies the payment.
A major airline is attempting to evaluate the effext of recent changes it has made in scheduling flights between new york city and los angeles. data available are as follows-
he criterion shipment methods take two days. Elucidate but for an additional charge of $500, the container can be sent overnight. The annual holding cost rate for this type of item has been estimated at 28percent. Illustrate what option is more ec..
Setup times are negligible. If the policy variable for unforeseen contingencies is set at 5 percent, explain how many containers should Jitson authorize for the gear replenishment system.
Explain how will Bunny wac's structure likely need to change if it does begin developing its core battery technologies in-house.
Other than culture, illustrate what other organizational factors should be used to find out which project management structure should be used.
This solution describes the concepts of shadow price and maximization problem, differences between graphical and computer-based methods of solving LP problems differ, and sensitivity analysis in decision making process.
Identification of the changes which need to be made also a reason for the change. Identification also description of human implications, potential resistance factors also the drivers of the change.
Is Henkel's approach to strategy execution shaped sufficiently by its mission and values? How does the company's approach to staffing the organization and building organizational capabilities support its strategy?
1) Draw a project network 2) What are the critical values 3) What activity has the most slack time 4) Will the prokect be completed by September 1?
Storing this paper requires a specialized facility and holding costs are 32%. Assume a lead time of 1 week and that re are 250 working days in a year. Illustrate what order quantity minimizes my total inventory costs.
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