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Identify a real-life example or application of either the binomial or Poisson distribution. Specify how the conditions for that distribution are met. Suggest reasonable values for n and p (binomial) or mu (poisson) for your example. Calculate the mean and standard deviation of the distribution for your example
Recommend the most effective approach to formulating a WBS for this project.
You are the operations manager and in this capacity, you have been asked to provide a location analysis on whether your company should expand an existing manufacturing plant or clo
A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper i
Describe the four options highlighted in the case study in terms of their feasibility, acceptability and vulnerability.
Do a lean waste analysis on the goal and create a waste elimination plan. (List the seven forms of waste, list items in the goal by waste form, determine what could be done to redu
how can we cover and understand the gaps in our company? and what is the slosh-an
Task time estimates for the modification of an assembly line at Jim Goodale's Carbondale, Illinois, factory are as follows- a) 6.0 - b) 7.2 - c) 5.0 a d) 6.0 b,c e)
Do you think that inadequate strategic planning was a factor that resulted in the company''s asking for trade protection?
Apply general attribution theory to analyze and explain each party's attitudes and conclusions. Hint: use consensus, consistency, distinctiveness
Problem on ABC Analysis of Inventory: The ABC Analysis of Inventory divides inventory into three classes: Class A - high annual dollar volume Class B - medium annual doll
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