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A metal fabricator produces connecting rods with an outer diameter that has a 1 ± 0.01 inch specification. A machine operator takes several sample measurements over time and determines the sample mean outer diameter to be 1.002 inches with a standard deviation of 0.002 inch.
Calculate the process capability index for this example. (Round your answer to 3 decimal places.)
Process capability index
Product is shipped from plant inventory to warehouse inventory 3000 miles away. The product is worth $263 per unit at the plant and monthly volume is expected to be 10,000 units per month. Inventory carrying costs are 20% of the product’s value per y..
Describe the tone and writing faults in this message. Revise the message so that it reflects some of the writing techniques you learned in Chapter 4.
Discuss pros and cons of debt and equity financing. Determine which type of financing is best for your business.
If you worked in a professional office environment, what might be some of the best methods for addressing the following (Please elaborate): Best organizational processes and procedures practices. Organizational processes quality management. Organizat..
Privacy and security issues associated with e-commerce have implications for financial reporting and compliance with laws and regulations. Identify a retail company and describe how the company uses electronic commerce. Further, explain why electroni..
Fidelity Investments. Does the COMPANY have a differentiated value proposition today?
Corporations have been affected by such tragedies as Hurrican Sandy, Japan's large earthquake. Explain how such tragedies affect the productivity on the global economy?
Sam expressed his concern that Mark had not fulfilled his promise from six months ago. Although the conversation remained civil, both Tim and Mark stood their ground. Briefly describe how you would help Tim resolve this matter utilizing an interes..
Explain and evaluate the dilemma of trust existing between agents and constituents.
Illustrate what is the probability that the supply of circuit boards will be exhausted before the order is received if boards are reordered when the amount on hand drops to 625 boards.
How can strategic procurement contribute to the quality of products produced by a manufacturing organization?
Select an organization (can be the organization you work for) and discuss how the organization currently uses or may implement a level, chase, or mixed strategy
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