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At your first job out of college you have been assigned to the production of bottled 20 oz. soda. The process has upper and lower spec limits of 20.5 and 19.5 oz, respectively, with a mean of 19.8 oz and standard deviation of .1 oz. Your manager has requested the process produce no more than 3.4 defects per 1 million bottles produced. Calculate Cp and Cpk and then determine if the process is capable according to the manager's standard.
How to Create Department Heads and Staff for Operations
Imagine you are a marketing consultant brought in to help a company who has a product that is so successful they cannot keep up with customer demand.
He is the manager of operations for a mid-sized company. He is always working and many employees at work think that he is a workaholic. His goal is to become the company president before he turns 50. In which generational group would Bob fall? Exp..
Determine the unit cost for 20 units, given that the first unit took 5 hours to complete. What is the minimum production quantity necessary to make production cost less than purchase cost?
Also, rank the three companies based off this information and discuss which one is your top choice and why.
Illustrate what is the possible daily output of this "process" if 8 hours of processing time is available each day. Given your output in part a, illustrate what is the efficiency of the process.
Using the Internet and the library, select a country of your choice that is unfortunately experiencing some of the same issues cited in the description of the assignment. Document your findings and how they could relate to your current business si..
PERT Method of project scheduling - PERT requires three time estimates for scheduling a given activity. PERT assumes that the actual activity times are distributed according to the beta probability distribution.
Zazz, a maker of a hot new MP3 player, is concerned about the availability of flash memory chips, a key component in the Zazz3 player. It is the start of April and Zazz must commit to a flash memory chip quantity for delivery in July. Furthermore, th..
What is the optimum ordering quantity? What is the annual holding cost? What is the annual ordering cost?
Why do you Assume that Best Buy, rather than one of Best Buy's big suppliers such as Sony or Panasonic, is considering eliminating rebates.
Describe Jim Collins' Hedgehog concept (See Links Section). Do you see this as a viable corporate strategy or too simplified? What is a BHAG? We have all heard of Return on Investment or (ROI). Please research and describe five other business metrics..
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