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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
Q3. What do you understand by “line balancing”? What happens if balance doesn’t exist?
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
The following table lists a set of nine activities with their sequence requirements and estimated activity times.A,B,C,D,E,F,G,H
Discuss the importance of influence. How you would attempt to apply it to convince your team to work an extra day per week to earn time off later. Analyze how you would influence y
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After working for 30 years, Ramjee Somjee Dutt opted for VRS and started a courier company and did very well in the first four years. He was now looking for expansion of his busin
Mass Customisation - Operation Strategy This example of mass customisation is rather limited in scope to denim trousers. A customer who wishes to purchase a jacket of a partic
After working for 30 years, Ramjee Somjee Dutt opted for VRS and started a courier company and did very well in the first four years. He was now looking for expansion of his busine
Complete a SWOT analysis for McDonald's to include SO, WO, ST, and WT Strategies, then develop a SPACE matrix for McDonald's. Using these matrices, draw conclusions regarding both
During the campus Spring Fling, the bumper car amusement attraction has a problem of cars becoming disabled and in need of repair. Repair personnel can be hired at the rate of $20
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