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1)Rocco wants to prepare the sales forecast for the next 24 months today. His company produces heavy-duty on/off timers used by large Christmas light displays and above ground swimming pool filters. He wants to use regression analysis to predict monthly sales volume based on the past 24 months. Is his plan sound? Why/Why Not? Advise Rocco on his plan and make suggestions as to what techniques from this course might improve his forecasting.
2)What activities would be included in the value added time of fast food hamburger preparation and delivery? Why are these part of the Value Added Time?
3)Bruce is in charge of a production area for a company that makes small personal aircraft. He is working late on a monthly forecast for landing gear assemblies. He has decided to use exponential smoothing and last year's landing gear production numbers to forecast demand for the next three years. Is he on the right track? Why/Why Not? Explain.
Explain how the theory of constraints could be employed to improve the results of a team using six sigma process improvment techniques.
Each hour from 10 A.M. to 7 P.M., First National Bank of Gainesville receives checks and must eventually process them. Its goal is to process all checks the same day they are received.
Define and discuss job analysis. List and describe in detail the steps involved in conducting a job analysis. Be sure to include a discussion of some benefits and challenges of this technique.
Describe what your role would be in a network organization and the capabilities and roles of other firms you would want in your network.
Annual demand for number 2 pencils at the campus store is normally distributed with mean 1,000 and standard deviation 250. The store purchases the pencils for 6 cents each and sells them for 20 cents each.
Please support your answer with examples of current organisational changes for example Qantas, Samsung, Toyota. Transition to change may be challenging illustrate what approach can we adopt when implementing change.
What is the value of DPMO for this process? What is the value of DPMO customarily used to assess process performance using 6-sigma level?
provide an example of a product or service that flows through this relationship. Break down the product or service through each sector.
Big John is considering purchasing a new machine that will drop the variable cost to $.28 per unit, but has a fixed cost of $150,000. What is the cross-over point between the two machines?
Describe the key characteristics and differences of the qualitative, quantitative, mixed, and action research methodologies.
Construct a pie chart that plots the percentage of patients unssatisfied with their meals. Set the control limits to include 99.73% of the random variation in meal satisfaction. Comment on the results.
A company has started a phone service that uses overseas doctors to provide emergency medical consultations. The responding doctors are based in a country with low wages but with a highly skilled pool of physicians.
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