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Should an organization always adopt a broad stance on social responsibility? Explain how you agree or disagree with this question and why you have this perspective.
Ten samples of 15 parts each were taken from an ongoing process to establish a p-chart for control. The samples and the number of defectives in each are shown in the following table.
What overall segmentation strategy would you suggest for a small entrepreneur stating his own business?
Explain how much could the firm save Yearly in ordering and carrying costs by using the EOQ.
The mean of the production process has shifted to the left of the design limits, You have just used the capability index (Cpk) formulas to compute the two values
Solutions provides a computer-based document processing service
A network consists of the following list. Times are given in weeks. Calculate the expected duration and variance of each activity.
ABC Aircraft uses 3,000 drill bits annually. Each drill bit costs $50 and each order ABC places costs $25. The annual carrying rate is 40% of unit cost.
On each part, a backup can be installed for $30, and has a reliability of 50%. Should the company install the backup?
Explain why does Video Vault differ from Blockbuster in number of copies of movies it stocks. Would a studio that owns title to movie be indifferent between stocking policies of Video Vault and Blockbuster.
Each display costs $18.80 also there is an ordering cost of $75 regardless of size of order. Company uses a stock-out cost of $400 per display also 40% of annual interest rate is used to compute holding costs. HK works 52 weeks in a year.
Illustrate what is the theoretical minimum number of work stations. Assign tasks to work stations utilizing the longest task time heuristics (longest operating time rule). Explain how much total idle time is present each day.
Evaluate the project's efficacy. Is this facility worthwhile, based upon your calculations ? Why or why not ? What does the NPV decision rule indicate for this project
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