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The School Board is trying to evaluate a new math program introduced to second graders in 5 elementar schools across the county this year. A sample of the student scores on standardized math tests in each elementary school yielded the following data:
School No. Of Test ErrorsA 52B 27C 35D 44E 55
Construct a control chart for test errors and set the control limits to contain 99.73% of the random variations in test scores. What does the chart tell you? Has the new math program been effective?
Disney entered Europe with several incorrect assumptions and poor research. Identify the problems that arose and how Disney should adjust for the immediate situation
Predict the out come of the risk schedule of the risk management process within this organization. Include examples(ie the incorrect assessment) to support your prediction.
Assuming that the current turnover and profits of both the units are comparable, compare the relative benefits and limitations of Materials Requirement Planning (MRP) for these two businesses
How do operations and supply chain processes provide a competitive advantage in the global arena? How is a firms mission related to its strategy?
Rolf Steps is the production manager for a local manufacturing firm. This company produces staplers and other items. The holding cost is $2 per unit per year
There is not a traditional answer to meet every problem in an organization. The latest theory could be outdated within a few years. Therefore, in many cases leaders must create their own strategy
Define how the Futures Market helps our economy. What risk does the US face if there were no Futures market?
Three weeks before Chase paid any of the forged checks, the attorney's gave Chase a copy of the death certificate and a court order to examine his deposit box. Of the parties mentioned, is anyone liable?
How might mission and vision influence organizational design?
The JLM Ambulance Service serves five rural towns, Abbeville, Benton, Clayton, Dunning and Eden. JLM wants to construct a centralized facility and garage to minimize its total annual travel mileage to those towns
The standard deviation of lead time is 1.5 days. Assume 260 days in the year and an average lead-time of 6 days. Illustrate what is the EOQ.
For the automobile industry explain the innovative process that must take place for successful integration of innovation.
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