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Design specifications require that a key dimension on a product measure 100 ± 16 units. A process being considered for producing this product has a standard deviation of six units.
a. What can you say (quantitatively) regarding the process capability? Assume that the process is centered with respect to specifications. (Round your answer to 4 decimal places.)
b. Suppose the process average shifts to 93. Calculate the new process capability. (Round your answer to 4 decimal places.)
c. What is the probability of defective output after the process shift? (Use Excel's NORMSDIST() function to find the correct probability for your computed Z-value.Round "z" value to 2 decimal places and final answer to 4 decimal places.)
Using any approach you wish (e.g., trial and error) develop a loading chart for the project resources: Carpenters (C) and Electricians (E). Assume only one Carpenter is available and two Electricians are available. Complete the resource activity sche..
In 2015, Christian wants to transfer as much as possible to his four adult married children (including spouses) and eight minor grandchildren without using any unified transfer tax credit. How much can Christian give without using any unified transfe..
What do you think is the most important role of a project manager? Do you think that role has or will change over time? Be sure to also address how a project manager selects a project in your discussion.
Reimbursement and the Revenue Cycle- Describe what reimbursement means to this specific healthcare organization. What would happen if services were provided to patients but no payments were received for these services
Given your answer for part a, how long will it take (in hours) the processing and packing operations if the operators work at their maximum capacity?
Identify a leader with whom you have had many opportunities to interact and have had many opportunities to observe. This leader may be a good or bad example of leadership; however, you must choose someone about whom you can write intelligently whi..
A telephone call center uses five customer service representatives (CSRs) during the 10:30 a.m. to 11:00 a.m. time period. The standard service rate is 3 minutes per telephone call per CSR. Assuming a target utilization rate of 80 percent, how many c..
What effect does compounding interest more frequently than annually have on (a) the future value, and (b) the effective annual rate (EAR)? Explain. How would you explain the difference between the annual percentage rate (APR) and effective annual rat..
what is the standard deviation, mean, and variance of a Poisson distribution with an arrival rate of 21 customers per hour? This is a M/M/1 or M/G/1 service model, and CVa=1(coefficient of variation of arrival).
Why is it important to conduct pre-employment background investigations? How would you go about doing so? Explain how you would get around the problem of former employers being unwilling to give bad references on their former employees
Developing an urgency for change typically occurs by changing consumer trends and other forms of turbulence in the external environment. When employees apply the subjective expected utility formula to a potential change, they mainly consider personal..
The preventive replacement cost of a motor is $5 and failure replacement is $8. The failure times of the motor is normally distributed failure with mean = 4 weeks and standard deviation = 1 week. The company would like to implement a block policy of ..
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