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A company manufactures a product that has a design (nominal) target width of 5 inches with tolerances of + .05 inch. The process that produces the product has a mean of 4.995 inches and a standard deviation of 0.01 inch. According to the process capability index for this process the process is capable of meeting design specifications because
the index is greater than 1.0
the process is not capable of meeting design specifications because the index is less than 1.0
the process is capable of meeting design specifications because the index is twice the process capability ratio
none of the above.
Assume we have: Rabbits and Foxes in a forest. There are no constraints or limitation on the forest or food for the rabbits. Rabbits initial population is R>500 and foxes initial population is F>500. Build the casual loop based on these assumption, D..
You are to list and describe the purpose and goals of the project, who are the stakeholders of the project, when is the project supposed to finish, and how much the project will cost. Your review should conclude with your opinion on the challenges co..
Your company has a market share of 25%. The total market size is $100 million. Your contribution margin (the ratio of the contribution per unit over the price per unit) is 20%.
With the better quality shirt also $25 selling price, illustrate what volume is necessary in order for Riverview to earn a $7,000 profit on the shirt product line.
Analyse the data gathered and identify any abnormalities or trends you may have concerns about and discuss these with stakeholders and or client as appropriate. Identify and research training options which meet the stakeholders' requirements based on..
Identify the lowest level of the WBS that represents the level of work that the project manager will monitor to control the project. Explain why this activity is created.
Suppose it is equally likely that a plane flight is 50%, 60%, 70%, 80%, or 90% full. What fraction of seats on a typical flight are full? This is known as the flight load factor. We are always complaining that there are never empty seats on our plane..
The insurance industry plays a major role in the American health care system and absorbs a significant portion of the health care dollar. A single payer system, whether it is a private company or the U. S. government, would eliminate the complex insu..
Review the seven different emphases of servant leadership in chapter 3 of your textbook. Which emphasis was most divergent from your view about servant leadership and which was most convergent? Explain your response.
A firm is considering investing in a new project with an upfront cost of $400 million. The project will generate an incremental free cash flow of $50 million in the first year and this cash flow is expected to grow at an annual rate of 4% forever. If..
Use either the Weisbord Six-Box Organizational Model or the Galbraith Star Model (both described in your textbook) to diagnose areas of performance weakness at Desjardins in 2008. Discuss which model helped you best identify problem areas and why yo..
From the case study you chose, briefly describe the case and then list the key internal factors you identified. Explain why these are the most important internal factors to consider when formulating strategy.
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