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You work for a company that manufactures artifical hearts. Each heart has a three step process and in your prototype version, each step of the process (A, B and C) has a .95 reliability. Each step has a back up (redundant) step (D, E and F) with a .99 reliability. What is your new overall system reliability? (round to 4 decimal places?
What are the remedies available to a seller when a buyer breaches the contract? Which remedy should the furniture store pursue here? Are they likely to win?
Do you think the Beyond Budgeting model that involves a rolling forecast is something that a healthcare organization would benefit from?
You are hired as a Six Sigma Black Belt of a Biotech company. Your company just went through a product recall after critical defects were reported in several product complaints. Indicate your process current sigma level (current baseline) and short ..
What is the seasonalized forecast for each day of next week, A small family-owned restaurant uses a seven-day moving average model to determine manpower requirements.
Exercises 7.2 and 7.6 on pages 183 and 185 in Quantitative Methods in Health Care Management Complete Exercises 7.2 and 7.6 on pages 183 and 185 in Quantitative Methods in Health Care Management. Use the Excel document below to record your answers. S..
Examine an instance where you had to make an intuitive decision that required quick thinking on your part. Describe the end result of the decision you made and evaluate your decision-making skills. Then, determine what you would do differently based ..
If you were going to provide a product or service to the market, what would be your product? What price would you use to enter the market? Where would you place your product to make it accessible to customers? How would you promote (target market) yo..
jack holmes is a middle-aged lower-level employee at an automobile service center. though he is not paid very well he
Prompt: Develop a listing of what you believe are the most important metrics for operations managers. (Hint: Be sure to consider the triple bottom line.) How does each metric support the overall financial performance of the organization? What data wo..
explain the types and kinds of change it engendered or engenders.
How can organizations identify future leaders with a given set of traits? Which methods would be useful for this purpose? (Be specific) What other traits can you think of that would be relevant to leadership?
Why do you think corporations began focusing more on CSR? Do you think it's because consumers began demanding it and they had no other option, or do you believe that some corporations take the initiative to promote social initiatives without consumer..
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