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Your boss has asked you to evaluate the reject percentage for the past year on one of the production lines. Use the following data to construct a run chart. Does there appear to be a pattern in the change in reject rate over the year?
Month Reject%
Jan 3.7
Feb 3.3
Mar 3.1
Apr 3.5
May 3.3
June 2.7
Jul 3.0
Aug 2.3
Sep 2.5
Oct 2.2
Nov 1.6
Dec 1.7
Are corporations moral persons? Corporation are assumed, legal and ethically as a hybrid between an artificial and natural entity. Artificial in the scope that they are not a tangible person but has been understood as an entity with natural propertie..
Which do you believe is more difficult for most global managers: psychological adjustment or socio-cultural adjustment? Why?
Are the form and use of information and decision support systems for managers and business professionals changing and expanding? Why or why not? And has the growth of self directed teams to manage work in organizations changed the need for strategic,..
What criteria would you use to determine which customers would make good beta test sites? Would you want to choose lead users? Why or why not?
Explain how much could the firm save Yearly in ordering and carrying costs by using the EOQ.
Describe the common critical mistakes entrepreneurs make when developing pro-forma financial statements. Also, discuss the impact each of these errors would have on the business if not avoided.
If the desired production rate for an assembly line is 15 units per hour and the sum of the work element standard times is 18? minutes, determine the theoretical minimum? (TM) number of stations that can handle the processes.
Draw a decision tree. Then analyze it to determine the expected payoff for each decision and event node. Which alternative (purchasing the IT system, hiring engineers) has the better expected payoff?
ABC Company is a regional distributor of after market automobile alternators. It currently places orders for 250 unites at a time from a manufacture;s representative. The ABC Company sells 300 of these alternators per week.
Bubba's Materials Handling Equipment isa small corporation that employs between 38 and 55 employees throughout any givenyear. This firm manufactures materials handling equipment that includes smallcantilever racks; hand trucks, some specially designe..
Personalization is a good thing, right? It is something made just for you. Disney has taken it to a whole new level. When it comes to the Internet and e-commerce the trend is toward personalization. See only the search results, products, articles tha..
on-hand inventory levels for each item as shown in the table below and assuming zero lead times for all items A, B, C, D, and E, compute the net requirement for each time.
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