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An office security system at Delco, Inc. has two component parts, both of which must work for the system to function. Part 1 has a reliability of 50 percent, and part 2 has a reliability of 50 percent. Compute the reliability of the system
What are three basic premises of game theory that you identified in the text or the podcast? Discuss your thoughts on Jane Austen as a game theorist, as indicated in the podcast. What other public figures today do you see as “game Theorists”, why?
Explain the complexity of creating effective work teams. What role do leaders and managers play in creating those teams? What are some of the barriers to collaborative teams?
Name three examples of firms conducting a cost leadership strategy that use no advertising. Should they start advertising? Why or Why not.
Suppose the production of a product consists of two operations. Defects can occur at each operation. There were 60 defective units out of the total 4,000 units produced.
A) What is the cost to inspect each unit? B) Is there benefit (or loss) from the current inspection process? How much?, Hourly, and Per Unit? C) Based on the above parts, what is your conclusion?
The ?Lubricant is an expensive oil newsletter to which many oil gaints subscribe, including Ken Brown (see problem 3-17 for details). In the last issue, the letter described how the demand for oil products would be extremely high. What decision model..
Would it make any difference if Helen had used product to colour her hair at home. Are there any defences that could be raised to such injury.
Use the functional classification and value chain perspectives to identify Harley-Davidson's principal resources and capabilities. Can their resources and capabilities confer sustainable competitive advantage? What strategy recommendations would you ..
a)What is the economic production quantity? b)How many production runs per year will be made? c) What will be the maximum inventory level? d) What percentage of time will the facility be producing components?
When we talk about an organization being effective, how do we know whether an organization is also efficient? Can an organization be effective but not efficient? Or vice versa? Please share your thoughts.
Perform a strengths, weaknesses, opportunities, threats, and trends analysis on the organization. Identify the economic value of the supply chain to the organization.
Explain the different classes (or types/categories) of models. Which Management instruments are direct and objectives? Why?
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