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Recently some Operations Management experts have begun insisting that simple minimizing process velocity, which actually means minimizing the time that it takes to process something through the system, is the single most important measure for improving a process. Can you think of a situation when this might not be true?
XYZ Coating Company has reviewed four new processes for improving its coating line. The four processes, labeled A, B, C, and D, use different technology and have different capacities. All have the same level of production and lifetime.
In a variables control chart, which of the following is likely to occur if two points in succession are farther than two standard deviations from the means?
a manufacturing company has a small production line dedicated to the production of a particular product. The line has four stations in serial.
time between arrivals at state revenue office is exponential with mean value .05 hour. Office opens at 8:00am. Write exponential distribution which describes interval time.
Assume a software producer is about to release a new version of its popular software. Illustrate what information do you think it would take into account in forecasting initial sales.
You are required to produce a management report from the perspective of a consultant, reporting back to your client - the CEO of an overseas museum.
The Retread Tire Company recaps tires. The fixed annual cost of the recapping operation is $60,000. The variable cost ofrecapping a tire is $9. The company charges $25 to recap a tire.
Elucidate what is the value proposition for Delta Airlines. Elucidate what is the product market focus for Delta Airlines. Describe how is Delta differentiating from its competitors to gain market share today.
explain in great detail the laws about unintentional material misrepresentation and it effects a new merchant lacking
Automobiles arrive at the drive through window at the downtown Urbana, Illinois post office at the rate of 4 every ten minutes. The average service time is 2.0 minutes.
Shunt resistors are commonly used to measure current in power circuits, by producing a small voltage drop in direct proportion to the circuit current.
Currently, industry has 20 projects per year and each senior designer can handle 6 projects per year. Illustrate what is current labour utilization of senior designers. Illustrate what do you recommend.
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