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A system consists of three identical components. In order for the system to perform as intended, all of the components must perform. Each has the same probability of performance. If the system is to have a .92 probability of performing, what is the minimum probability of performing needed y each of the individual components?
What are the disadvantages of operation management?
1. A shirt manufacturer buys cloth by the 100-yard roll from a supplier. For setting up a control chart to manage the irregularities (e.g., loose threads and tears), the followi
The first process is expected to incur $280,000 of fixed cost and add $60 of variable cost for each unit produced. The second process has fixed costs of $200, 00 and adds $70 per e
What can be done to motivate companies to evaluate training programs?
An operation setback chart _____. is based on lead times that typically include move and queue times and indicates a schedule for when to make a part. is a schedule for when
Computer Aided Design is one of the techniques used by Regal Marine in manufacturing of boats. With the aid of exapmles, critically discuss five (5) techniques that are important t
b. 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 pa
Question 1: How is Break-even Analysis significant to investment, as well as, operational decisions Assumptions Importance of Break-even Analysis for operational deci
Discuss two of the five common reasons that projects crash. Relate your response to a project failure that you have experienced or witnessed
Code of Conduct in the European Union and Statement of Ethics discuss and compare the two codes from these marketing association. Discuss the similarities and differences between t
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