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Q. As part of an insurance business's training program, participants learn explain how to conduct an analysis of clients' insurability. Goal is to have participants achieve a time in range of 30 to 45 minutes. Test results for 3 participants were as follows:
Name Mean Std. DeviationArmand 38 min. 3 minJerry 37 min 2.5 minMelissa 37.5 min 1.8 min
a. Which of participants would you judge to be capable? Explain.
b. Can value of Cpk exceed value of Cp for a given participant? Explain
With respect to the product decision, managers must be able to accept risk and tolerate failure. Why did the LRC decide that RAs and CDAs were employees. Do you agree with the LRC decision.
Since the deregulation of the airline industry, fierce competition has forced Global Airlines to re-examine their operations for efficiency also economy. Describe how many agents should Global staff.
Formulate the linear programming problem to maximize the profit during the coming month. Write all of the constraints that are indicated by the above description of the problem.
Critiques an article from Forbes Magazine to ascertain whether or not good research methods were employed.
Discuss the implications from an operations design viewpoint of such a change of business model also discuss also explain the types of operations (design) strategies also tactics.
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Select a real company (not a retailer). Identify four decisions that the company makes at different levels of the organization. Explain the policies, procedures and decision-making tools which might be used to make each of the four decisions.
a) Construct the product structure tree for both fans and their component parts. b) Complete the MRP for the fans and their component parts.
Define operations management. Explain how operation management's role is applied to your chosen organization.
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