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Suppose that the output of a bottle filling process is normally distributed with the natural variability of sigma = .10. The process center has been fixed at 10 ounces. The USL = 10.1 ounces and the LSL= 9.8 ounces. The liquid cost $0.35 per ounce and the firm only needs to fix bottles that weigh less than lower spec limit and fixing cost is $1.00 per bottle. What is the average cost (filling and fixing) per bottle of this process?
Define budget and management reserves. Outline the differences between the two reserves, and provide some examples of each reserve fund.
Kids International Corp. produced children's wear for Wal-mart adn other retailers. Gila Dweck was a Kids director and its chief executive officer. Because she felt that she was not paid enough for the company's success, she started Success Apparel t..
What are some recommendations that include specific details on how to improve the overall functionality and utility of a hospital for a current PHR system in place. Include Technology, social factors, competition and regulations.
The gray market, an underground network of investors and private businesses, moves the cash from lenders to businesses. Judge whether marketing occurred in this situation and justify your conclusions. Appraise the effectiveness of government regul..
Discuss fully, the best strategic plan one of your employer's has (had) and the worst strategic plan one of your employer's has had. Do not name the organization, just use XYZ. Also, discuss what you might do differently from a manager's perspecti..
Shokun Steel Co. owns many steel plants. One of its plants is much older than the others. Equipment at that plant is outdated and inefficient, and the costs of production at that plant are now two times higher than at any of Shokun's other plants.
Demand for widgets is 52K widgets per year, ordering cost is 40 per order. Unit cost is 5, carrying charge 20% per year, Demand is 1000 per week, LT 2 weeks, Standard deviation of demand 200/week, Calculate a fixed quantity reorder point system with ..
If demand is expected to be 80 percent of the current level in five years and management wants to have a capacity cushion of just 4 percent, what capacity requirement should be planned?
Describe the similarities and differences between TQM and Six Sigma quality-management techniques.
Discuss the importance of influence. How you would attempt to apply it to convince your team to work anextra day per week to earn time off later
are employees more likely to favor defined contribution plans over defined benefit plans? how about employers? explain
Of the different types of agencies and the different roles within those agencies which do you feel you would be most suited for? Why? Agencies are essentially marketing machines. From initial research to the final airing of a perfectly planned televi..
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