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The UCC includes both implied warranties of merchantability, warranties of fitness, and product liability. Some of these warranties protect the customer from defective products and some (or one) from personal injury. Identify and distinguish these warranties and give examples.
A production process is known to produce a particular item in such a way that 5% of these are defective. If two items are randomly selected as they come off the production line, wh
Aspects of Operation Strategy There are three levels of strategy hierarchy illustrated in the following table: Van der Heijden (1997) suggests that there are three sc
The total output from a production system in one day is 900 units and the total labor necessary to produce the 900 units is 900 hours. Using the appropriate productivity measure, w
What is meant by Direct Cost? Ans: Direct Cost is Direct Material cost and Labour cost.
From 11:00 AM to 12:00 Noon, 30 people arrive at a bank on average. When they enter they get in line to wait for a cashier. On average there are 3 customers in line waiting. On ave
What are the functions of a manager? If you had to pick one as being the most important function, which would it be and why?
SUMIT Products Ltd. is a company that produces and markets steel cups, teaspoons, knives and forks for the catering industry. The company was established in 1958 in response to the
A fishbone diagram as part of a six-sigma quality improvement process might be found in which DMAIC category?
Andrew the barber owns a four chai shop. Andrew estimated that each barber would take an average of 30 min to give a haircut in an exponentially distribution fashion. Customers arr
Susan Gilbert, a purchasing agent for Wisconsin Plastic Inc (WSI) is reviewing quotations from suppliers for a new plastic gear. Susan plans to either place an order for 12000 year
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