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1) Company XYZ is evaluating whether it is meeting the six sigma requirement or not. The company promises its customer to deliver the product in 20 to 75 hours. Actual shipment data has a mean of 50 hours and standard deviation of 5 hours. Is the company meeting six sigma requirement? If not, what should be the standard deviation to get the six sigma level?
2) A process consists of 5 steps. Step 1 and step 2 performs at 3 sigma levels, step 3 and step 4 operates at 2 sigma level and step 5 operates at 4 sigma level. What is the sigma level of the entire system?
Based on what you learned about REI from answering the previous question, how do you think the company’s culture affects its ability to execute strategy and operate with excellence?
What is the business community's responsibility regarding mitigating social problems?
It is normally distributed also has a criterion deviation of 2 days. Illustrate what is the probability of a stock out during lead time.
An automatic filling machine is used to fill 1-liter bottles of cola. The machine’s output is approximately normal with a mean of 0.99 liter and a standard deviation of 0.05 liter. Output is monitored using means of samples of 29 observations.
Based on the RSPS case, you will be required to create a PowerPoint presentation of 12-15 slides (including a title and reference slide) in which you address the following questions that pertain to the major human resource management responsibilit..
Search a company that follows the principles of the Juran Trilogy. What influence did the elements of the Juran Trilogy have, if any, on the company's quality training curriculum? If the company does not have a quality curriculum, why do you believe,..
What conditions have allowed some firms to be born global?
What are the driving forces and key success factors for your case study company?
Customers demand 2,000 home computers per month(assume that 1 month = 30 days and 360 days = 1 year). What is the optimal production run size? How many production runs must be made each year?
The sport rate for corn is 587 cents per bushel. the 6 month forward price is 600, the 12 month forward price is 587 and the 24 month forward price is 570. The annual risk free interest rate is 3%. what is the approximate annualized lease rate on the..
Because instalment credit is so profitable for the small business, most small businesses finance themselves. If a company wants quick acceptance and extensive distribution, when introducing a new product into a highly competitive market with a large ..
Explain and discuss what Technology is, and how it appears that the concept of technology has changed over the years. If there have been changes in our understanding of technology, have they been positive or negative, and useful or not useful?
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