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Q. A quoting department for a custom publishing house can complete 4 quotes per day also there are 20 quotes in various stages in the department. Applying Little's Law, the current lead time for a quote is explained how many days?
Q. The organization reported which it used $500M worth of raw material during the year. On average, explain how many weeks of supply of raw material are on hand at the factory?
Shirley Hopkins is developing a program in leadership training for middle managers. Shirley has listed a number of activities that must be completed before a training program of this nature could be conducted. Illustrate what is slack time for eac..
Illustrate what do you think is more important for a good IT professional: strong technical skills or strong people skills.
Elucidate what is the critical path. Suppose you need to shorten the completion time as much as possible also you have the option of shortening any or all of B, C, D also G every one week. Which would you shorten.
Each year firm, on a random basis, uses about 2,000 of item X, which costs $25 each. Storage costs, which include insurance also cost of capital, amount to $5 per unit of average inventory. Illustrate what is annual cost for ordering item X.
The opening inventory is 100 units; an increase to 130 units is expected by the end of the plan. The demands for each month is given in illustrate what follows. Compute the total production, daily production also production also ending inventory f..
A Las Vegas supermarket bakery must decide explains how many wedding cakes to prepare for upcoming weekend. Explain how many cakes should be prepared to maximize expected profit.
Talbot estimates the cost to place an order is $50 also the holding cost for each assembly is $20 per yr. The organization operates 250 days per yr. Illustrate what is the economic order quantity for the XO-01.
Explain how much more expensive is the next lowest cost option. For the optimal order quantity, illustrate what is the inventory position immediately after an order is placed.
Illustrate what would 3-sigma control limits for the process be. Illustrate what alpha risk would they provide.
Decide the estimated loss if the quality characteristics under study take on a value of 6.20 inches and 10 parts are produced.
Given Gasoline production function of QG = 72MG 1.5 MG2, illustrate what is gasoline marginal profit. Given fibre production function of QF = 80MF 2MF2, illustrate what is fibre marginal profit.
Explain how does project audit differ from performance measurement control system. Explain in your own words. Explain how do these project tools help with quality management.
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