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A bank is attempting to determine where its assets should be invested during the current year. At present, $500,000 is available for investment in bonds, home loans, auto loans, and personal loans. The annual rates of return on each type of investment are known to be the following: bonds, 10%; home loans, 16%; auto loans, 13%; personal loans, 20%. To ensure that the bank's portfolio is not too risky, the bank's investment manager has placed three restrictions on the bank's portfolio: • The amount invested in personal loans cannot exceed the amount invested in bonds. • The amount invested in home loans cannot exceed the amount invested in auto loans. • No more than 25% of the total amount invested may be in personal loans.
Identify at least one example of probability encountered in everyday life which has not previously been mentioned AND THEN Identify the type of probability your example best fits b
1 What advantages can statistical process control methods provide? 2 Explain the significance of common and assignable causes of variability for process control.
How can you determine a core competency?
1. The investment a company makes in training employees to perform their duties and redesigning products and processes to improve them would be categorized as prevention costs. 2.
The roller coaster at Treasure Island Amusement Park consists of 15 cars, each of which can carry up to three passengers. According to a time study each run takes 1.5 minutes and t
Consider a production system that consists of a single station with a production rate of 1 part per minute and a process variability given by Ce=1.
1. Are operations and change strategy linked? Answer: Yes operations strategy must be implemented and again this process presents choices that must be considered. The implemen
1. How do we link strategic and operational change? Answer: Hambrick and Cannella present a 5-step approach: 1. obtain broad inputs at the formulation stage 2. assess o
under what conditions would a project manager make changes to a baseline? Be sure to give at least 1 example for each condition
State the Perpetual inventory control systems Continuous (Perpetual) Inventory Control Systems: Stock levels are continually monitored and reviewed within ‘real-time’ and
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