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A production line has three machines A, B, and C, with reliabilities of .92, .95, and .95, respectively. The machines are arranged so that if one breaks down, the others must shut down. Engineers are weighing two alternative designs for increasing the line’s reliability. Plan 1 involves adding an identical backup line, and plan 2 involves providing a backup for each machine. In either case, three machines (A, B, and C) would be used with reliabilities equal to the original three. a. Compute overall system reliability under Plan 1. b. Compute overall system reliability under Plan 2. c. Which plan will provide the higher reliability?
What are some of the main advantages and limitations of MRP?
Do you think that being recognized and winning environment awards will help BofA become more profitable?
After reading the "Chipping Away at Intel" case study, what was a pressure for change (internal, external, or environmental)? Give an example of a similar pressure for change that was experienced by another organization.
Fudge factors allow project managers extra time to complete project tasks. However, the use of fudge factors can be problematic for a project manager. Discuss the impact of using the fudge factor on a project manager and the project itself.
What does the statistics term "significant difference" mean? If there is a significant difference, is it automatically managerially significant?
Why might a probabilistic estimate of the project completion time based solely on the variance of the critical path be misleading? Under what circumstances would it be acceptable?
Analyze the overall competitive environment, including market conditions. Evaluate the current growth and new business strategies, along with implications. Analyze the organization's primary business model
Garden Variety Flower Shop uses 1000 clay pots a month. The pots are purchased at $3 each. Annual carrying costs per pot are estimated to be 25% of cost, and ordering costs are $25 per order.
United Airlines, Inc.is a major American airline headquartered in Chicago, Illinois. It is a wholly owned subsidiary of United Continental Holdings and the world's largest airline in terms of fleet size.
Is this practice ethical? Why or why not? Justify your answer. Give four (4) examples of products that have been introduced based on similar products.
Fitbit makes wearable activity trackers that measure data such as number of steps walked, quality of sleep, and other personal metrics. The feature centered on a product that Fitbit made (the Fitbit Force) that caused some users to develop skin rashe..
When listening to music, which musical element is usually the most important to you, and why? (Such as melody, rhythm, tempo, harmony, etc.)
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