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Product A consists of three units of Subassembly B, three units of C, and one unit of D. B is composed of two units of E and three units of F. C is made of three units of H and four units of D. H is made of five units of E and two units of G.
A manager states that his process is really working well. Out of 1,500 parts, 1,477 were produced free of particular defect and passed inspection. a)Calculate the defects per million opportunities (DPOM). b)Calculate the defective rate.
Discuss the market and manufacturing requirements that make it appropriate to use MRP and Just-in-Time.
What is the total safety stock across all stores and how much money was saved as a result of the decrease in the safety stock?
How is the simulation process used in Decision Sciences models? What are the advantages of using simulation? What are its limitations? How can a simulation model be verified? Give a real world example where using simulation is appropriate.
Due to long lead times, fashion goods must usually be purchased by retail stores long before the season begins, and "hot" items quite often cannot be ordered again during the season once their popularity becomes evident. The new, trendy aluminium foi..
What are the main issues described in the case. ?List and describe the main Principles of Management involved in the case.
financial justification of a new information technology system is difficult at best because many of the advantages are
Compare the advantages associated with market entry strategies of exporting, licensing, and wholly owned subsidiaries. What info would you need to collect and what factors would you consider when selecting a strategy?
Why are "no-fault" attendance policies in conflict with the FMLA?
A process that produces computer chips has a mean of .04 defective chip and a standard deviation of .003 chip. The allowable variation is from .03 to .05 defective.
Explain how many pins should you buy also have on hand for the event. Does the decision change if you exchange the probabilities for 400 also 500. If so, illustrate what is the change.
Andrea Fontaine is establishing an investment portfolio that will include stock and bond funds. She has $720,000 to invest, and she does not want the portfolio to include more than 65% stocks. The average annual return for the stock fund she plans to..
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