Selecting best vendors

Assignment Help Operation Management
Reference no: EM13104056

There are two vendors who can supply you with empty cans used in your pickle business. One says he'll replace any cans you find defective free of charge. The other tells you that she will supply you no defectives because her factory practices statistical process control. Which of the two vendors will you select? Why?

Reference no: EM13104056

Questions Cloud

Difference in the average waiting-time : Using a 1% level of significance, can we say that there is a difference in the average waiting time between the two shops? Find the critical value(s).
Determine the sample size : A firm is planning to conduct a study on the quality dimensions of its products and wants to determine the sample size required to estimate the process mean with a sampling error of at most 0.1 at a 90 percentage confidence level.
Calculate the moons radial acceleration : An undiscovered planet, many lightyears from Earth, has one moon in a periodic orbit. This moon takes 21.0 days on average to complete one nearly circular revolution around the unnamed planet.
Determine the expected number of nonconforming units : A process is in control and centered at nominal. Output from the process is normally distributed and the process capability index, Cp, equals 1.02.
Selecting best vendors : There are two vendors who can supply you with empty cans used in your pickle business. One says he'll replace any cans you find defective free of charge.
Find components and magnitude of turtle average velocity : A turtle ambles leisurely-as turtles tend to do-when it moves from a location with position vector r1,x = 1.49 m and r1,y = -2.77 m in a lettuce garden to another location, with position vector r2,x = 3.77 m and r2,y = -4.19 m, where the lettuce a..
Find the p-value on an interval : Find the P value or an interval containing the P value for the sample test statistic.
Recognize the research issue-opportunity from data sets : Recognize the research issue, opportunity, or problem from one of data sets available on the student website. Data must consist of at least 30 or more observations of ratio.
Find the components of the motorcycles average acceleration : During 9.93 seconds a motorcyclist changes his velocity from v1,x = -37.3 m/s and v1,y = 14.1 m/s to v2,x =-21.9 m/s and v2,y = 29.3 m/s. Find the components of the motorcycle's average acceleration during this process, aav,x and aav,y.

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd