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Q1.(i) A manufacturing firm has previously sequenced its jobs using the "Shortest Operation Time" (SOT) rule. This has resulted in poor delivery performance with many jobs being delivered late. They have now changed to the "Earliest Due Date" (EDD) rule in an attempt to improve their service to customers. Two samples of data, one using SOT and one using EDD are shown below:
(a) Use a SIMPLE test to check if the data can be regarded as "reasonably" Normal.
(b) Has the delivery performance improved since the new (EDD) rule was introduced? Explain your answer.
Note: "Negative Lateness" means the job was Early.
(ii) Fluorescent light tubes used by a firm have a target life of 1600 hours. However, accumulated data shows a mean time to failure of 1570 hours. What proportion of the tubes could be expected to achieve the target life? (Explain your choice of model.).
To illustrate the importance of model selection. We will use only the first four observations to estimate the function f such that ini t. h = f(h. d) for two different models.
A. If CD players are able to use the LDD strategy better than pure chance then explain what happens to the signal reliability ration as a CD player detects more cautiously B. As
Obligations showing the responsibility to pay for solutions or products that have been suffered or obtained but not compensated for by the end of the sales interval.
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To history income and expenditures/expenses when they connect with the identification requirements of the finance form engaged regardless of when the money action happens.
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In order to derive meaningful results from the statistical tables the researcher may use one or more of the followings four steps: a.The first step is to calculate relevant meas
discuss the nature and causes of the components of an economic time series?
Expertsmind.com offering Limitations and expertise in financial accounting In Financial sales it is also useful in the following respects:- (1) Increased volume of finan
How to interpret Anova
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