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a. A process is so vital to an organization that the main unit has 2 backups. In case the main unit fails, either backup can be pressed into service. The main unit has a reliability of .95. The two backups have reliabilities of .90 and .85 respectively. What is the reliability of the process? Round to 5 decimal places.
b. Unrelated to part a. Goodstone Tire Company manufactures the "BX" Tire that has an expected life that is exponentially distributed with a mean of 35,000 miles. What is the probability that the tire will fail before 42,000 miles?
c. What is the probability that the "BX" tire will last beyond 46,000 miles?
Do you think management theories will ever be as precise as those in the fields of physics, chemistry or experimental psychology.
Determine the crossover point for the two options. Please give the formula for calculating crossover points, at least one step of calculation, and the correct answer.
Illustrate what is expected (i.e. mean) project completion time. Standard deviation of completion time. Illustrate what is probability project will be completed in time for Kozar to begin marketing new product within 24 months.
Illustrate what, if any, are the major barriers to implementing a lean system at Copper Kettle Catering. Illustrate what would you recommend that Wayne also Janet Williams do to take advantage of lean concepts in operating CKC.
Discuss the issue of project constraints also other unique aspect of the bridge in the risk management process. Were these issues taken into consideration why.
Illustrates what is the maximum number of applications per hour which can be handles by the present configuration of the process.
David Smith recently purchased a chain of dry cleaners in western Wisconsin. Although the business is making a modest profit now, David suspects that if he invests in a new press, How many shirts will David have to press to break even?
What is your philosophy of proper business ethics? Develop at least five different points or arguments that support your thinking. Use outside research, textbook analysis and our course as a resource.
Illustrate what does it mean to take a systems view of a project. Elucidate how does taking a systems view of a project apply to project management.
Describe illustrate what project management application you might use to measure also improve the performance. Conclude explain how you would use these figures to monitor productivity over time.
During a three day period, 109 healthy babies were born. 60 babies were born in separate labour also delivery rooms, 45 were born in combined labour also delivery rooms, also only 4 babies required a labour room also complicated delivery room. Whi..
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