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Two types of cars (Deluxe and Limited) were produced by a car manufacturer in 1997. Quantities sold, price per unit, and labour hours follow. What is the productivity for each car? Explain the problem (s) with labour productivity. Deluxe-4000 units sold-$8,000/car Limited-6,000 units sold- $9,500/car Labour (deluxe)-20,000 hours-$12/hour Labour (Limited)-30,000 hours-$14/hour
What is risk? How does risk differ from uncertainty? How does it impact a business?
If you were the professor and you knew what was going through Vincent?s mind, what would you say to Vincent?
1 What advantages can statistical process control methods provide? 2 Explain the significance of common and assignable causes of variability for process control.
Paul Gett is a well-known wealthy financial expert living in the city of Torris. Adam Wade, Gett's friend, tells Timothy Brown that he is Gett's agent for the purchase of rare coin
On day 51, a project has an earned value of $600, an actual cost of $650, and a planned cost of $560. Compute the SV, CV, and CPI for the project. What is your assessment of the he
integrated systems
Q. What is utility of computer aided design to manufacturing operations? Computer aided design (CAD) automates the expansion of new product designs quicker. While integrated wi
Describe the four options highlighted in the case study in terms of their feasibility, acceptability and vulnerability.
Control Chart - Sample Mean Chart & Sample Range Chart As sample values are progressively plotted on the charts, they are examined for patterns which may be tested against a s
After graduation, you decide to go into a partnership in an office supply store that has existed for a number of years. Walking through through the store and stockrooms, you fin
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