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A bank has recently taken over the billing function of company. An agreement stipulates that the bank should process 99.2% of the bills within 4 hours. A study of the current process indicates that the processing time averages 2.2 hours per bill with a standard deviation of .8 A process improvement team has suggested a change. Experiments indicate that the change will lower the average processing time to 2 hours but raise the standard deviation to 1.2. Should this change be implemented? Why?
Leo Durocher, baseball manager from 1939 to 1972, once said, "Nice guys finish last." Apply that idea to leadership within an organization
receive customer order from Counter Employee, retrieve uncooked food, drop food into fry vat, wrap cooked food into special packaging
What were Disney's main mistakes from the conception of the Paris resort through to 2006?
Discuss the strategic importance of layout decisions. How can a particular layout impact a company's strategic goals? Provide some specific examples from industry.
Carpet city recorded the following data on carpet instalations over th past week. Use the data to calculate the average rate (in yards per hour) at which carpet can be installed.
Explain the process of financial planning used to estimate asset investment requirements for a corporation. Explain the concept of working capital management.
As the administrative manager in a law office, you have been asked to develop a system for evaluating the productivity of the 15 lawyers in the office. What difficulties are you going to have in doing this, and how are you going to overcome them?
Sweet Cherry is a family-owned business that makes handcrafted dining room tables and chairs. They obtain the cherry from a local tree farm, which ships them 2,400 pounds of cherry each month.
What are the differences between convergent and divergent thinking? What factors stimulate divergent thinking, and why? Please provide relevant work or project examples to support your thinking.
company wants to forecast demand using the weighted moving average.
What is the crossover point between the existing process and the proposed process? If the owner expects to sell 9,000 pizzas, should he get the new oven?
How are Coke and Pepsi using their Web sites to promote their newest product offerings? Is there any hints of future strategies the companies might implement? If so, where?
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