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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, what is the probability that the second item will be defective?
1. Some tasks and the order in which they must be performed according to their assembly requirements. These are to be combined into workstations to create an assembly line. The
Why is forecasting important in organizations, especially as related to understanding the relevant time horizon to develop a forecast against? What are some examples from industry?
Sequence the jobs shown below by using the Gantt chart. Assume that the move time between machines in one hour. Sequence the jobs in priority order 1,2,3,4. Job Work Center/Machine
Present and future values for different periods: An investment will pay $100 at the end of each of the next 3 years, $200 at the end of Year 4, $300 at the end of Year 5, and $500
In order to assess the operational and cost effectiveness of your supply chain it will be necessary to MEASURE progress (or the lack of it.) How do you go about creating a measurem
Process Capability - Statistical Process Control The controls charts described so far are concerned with maintaining the stability of a process, but they offer no comment on
Google's strategy 2010: identify the issues management needs to address. Analyze and evaluate the issues identified based on the information provided in the case. Recommend a set o
Barbara Flynn is in charge of maintaining hospital supplies at General Hospital. During the past year, the mean lead time demand for bandage BX-5 was 60 (and was normally distribut
Considering Strategic Choice - Operation Strategy (Strategic analysis will be covered in Strategy - Analysis and Evaluation). The following points are an extract from Port
Question 1: (a) What degree of autonomy does the HRM enjoy in relation to its various stakeholders? (b) Is conflict inherent in the relationship between the HR function on
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