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Many people do not "like" or "trust" single point estimates for things they need measured. Looking back at the data examples you have provided in the previous discussion questions on this issue, how might adding confidence intervals help managers accept the results better? Why?
Ask a manager in your organization if they would prefer a single point estimate or a range for important measures, and why? Please share what they say.
Gwendolyn Bonnefille, a single mother, is barely scraping by. Although she earns a fair salary working in the accounts receivable department of a local business, she has to pay for child care for her two children, Samantha who is 5 and Merlin who ..
Compute depersonalized demand for each semester. If the regression equation for depersonalized demands 250.82 + 4.53(X), compute forecast for Fall2010 semester.
What is the average time spent by each order waiting to be processed? Assume that the orders coming in are either small or large. Small orders are for an average of $500 and large orders are for an average of $5,000
Analyze the trade-offs between inputs for the productivity improvements. Analyze the advantages and disadvantages of global sourcing versus producing in the U.S.
Build alternative courses of action for your business problem statement and objectives from last week's discussion posting. You may change your scenario; however, this will entail more work.
what is the theoretical minimum number of workstations if the task times for the six tasks that make up the job are 4, 6, 7, 2, 6, and 5 minutes, and the cycle time is 10 minutes?
Identify other types of pressure tactics beyond strikes and lock outs used by both labor and management in advancing their agenda.
Assignment on reflection on manegment. Executive Compensation in the US is out of control. Salaries for most CEOs are way too high in comparison to front line wage earners in the same
How would you address the issues Sigma is facing? What would be your approach as a consultant? While you have not had a chance to do any detailed analysis, at this point what do you think some of the problems are? What type of information and what..
Explain how activities, precedence relations, and task times relate to an analytic framework that provides a mechanism for project planning and control.
Formulate a model to the problem and solve determine the optimal schedule for satisfying the demand for the component over the next 6 months.
Create a fictional company and develop a memo to communicate the importance of a business continuity plan to the board of directors.
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