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Elon Corporation manufactures parts for an aircraft company. It uses a computerized numerical controlled (CNC) machining center to produce a specific part that has a design (nominal) target of 1.275inches with tolerances of 6 0.024 inch. The CNC process that manufactures these parts has a mean of 1.281 inches and a standard deviation of 0.008 inch. Compute the process capability ratio and process capability index, and comment on the overall capability of the process to meet the design specifications.
In addition to improved employee retention, what are some other areas of potential economic benefit to the organization from having a human resource department. What calculations would you do to prove such benefits
The international monetary system facilitates international trade and investment. Historically there have been a variety of systems which has resulted in today’s multifaceted system. Describe the current international monetary system and your impress..
Review the Project Management email. Write an email response in which you address the following points:
Strategic planning can be defined as:
Discuss the advantages and disadvantages of long-term contracts. Do you think the advantages outweigh the disadvantages, or vice-versa? Why, and under what circumstances? Provide reference(s) if applicable
Planning is an important aspect of management. It is important for organizations to plan both strategically and operationally to succeed. The process of budgeting also entails a planning element and is often incorporated into strategic and operati..
Process Management is about continuous improvement. Discuss similarities and differences between the Deming Cycle Methodology and the Kaizen approach to process improvement.
Clocks sell for $15, radios, for $20, and toasters, for $12. The company desires to know the optimal product mix that will maximize profit.
You have successfully held your first training session on the common law tradition and sources of law! Now that everyone has an understanding of the origins of law, your next primer in this training series will explain the specifics of your state's c..
Write a detailed report of your analytical findings and strategic issues from your analysis of the industry environment for PROCTOR & GAMBLE. Explain that this analysis focuses on the strategic elements of industry environment and concerns or opportu..
Research a recent case study (less then 5 years old) about a company which experienced major organizational changes. Now consider that you are an organizational behavior consultant assigned to help the company navigate and manage the change.
What is Chase Strategy (demand matching) and why is it important in business today in inventory management?
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