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A large municipality (250,000 citizens) is trying to decide where to locate a new community recreational center. The problem is relatively unstructured. There is a decision quality requirement that is significant. Not one person has sufficient information and many community groups may desire to provide input. Opportunity for conflict exists between groups and neighborhoods competing for the center. If one person (city manager) makes the decision, many people may not be strongly committed to making the center successful. Would an individual or group be most useful for this decision? Please justify your answer.
John Barks owns Barks Computer Screens Inc. and wants to identify the supply and demand for screens in his market. The company can produce large screens called Wides or small screens called Squares.
Will the offering need to be registered with the Securities and Exchange Commission (SEC) under the Securities Act of 1933? Explain.
For the four basic configurations that follow, assume that the market is demanding product that must be processed by both Resource X and Resource Y for Cases I, II and III.
It is your responsibility, as the new head of the automotive section of Nichols Department Store, to ensure that reorder quantities for the various items have been correctly established.
The existing method involved assembles taking individual springs from a box containing several hundred also then placing two of them behind an ON button also two more behind an OFF button. Illustrate what was the poka-yoke shin go created.
Develop a linear programming model that will enable HTS to allocate technician time between regular customers and new customers. Find the optimal solution.
Elucidate how could Vincent Weafer use technical, human also conceptual skills to maintain an environment that encourages innovation also professionalism among the virus hunters.
A large law firm uses an average of 37 boxes of copier paper a day. The firm operates 256 days a year. Storage and handling costs for the paper are $31 a year per box, and it costs approximately $64 to order and receive a shipment of paper.
Compute the economic advantage of the alternative recommended by you in part a) above over the other alternative.
Graph these forecasts and the original data using Excel. What does the graph show? Which of the above forecasts is best? Why?
Explain how the theory of constraints could be employed to improve the results of a team using six sigma process improvment techniques.
What is the advantage of using digits to enter categorical data rather than using words or letters? What are the advantage and disadvantages of using optical scanners to score the results of a test?
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