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A manager states that her process is really working well. Out of 5,000 parts, 3,885 were produced free of a particular defect and passed inspection. Based upon six-sigma theory, answer the following questions: a.What is the value of DPMO for this process? b.What is the value of DPMO customarily used to assess process performance using 6-sigma level? c.Is this process performing at the 6-sigma level?
Explain why having a code of business ethics is not sufficient for ensuring ethical behavior in an organization. What other means are necessary to help ensure ethical behavior?
A box of paper costs $45, it costs $80 to process an order, and also annual demand is 44,000 boxes of paper. Illustrate what is EOQ.
A firm wishes to determine the efficiency and utilization of a work center coposed of 3 machines each working 16 hours per day for 5 days a week.
Since the deregulation of the airline industry, fierce competition has forced Global Airlines to reexamine their operations for efficiency and economy.
What cycle time is required to satisfy the required output? What is the theoretical minimum number of stations?
How many defectives do you need to find (or more) in a sample of 20 so that you will shut down the line. You want to be 95% sure that there is a real problem beyond random noise before you shut down the line.
How many machines should the company buy initially? What is the expected payoff for this alternative?
Describe in your own words the best leader you ever had and why? Be specific in your answers as to the impact this leader had in your workplace.
llustrate what is process cycle time of overall system. If firm operates 8 hours per day, 20 days per month, illustrate what is monthly capacity of manufacturing process.
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
An industrial machine tools manufacturer supplies replacement parts from its inventory. For a particular part, the annual demand is expected to be 750 units.
Calculate the takt time for the scenario in a system where the total time per shift is 460 minutes, there is two shift, and workers are given one 15-minute break and 30 minutes for lunch
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