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The Perfomance time for a job is normally distributed with mean 5 minutes and standard deviation 3 minutes. The standard for this job is set by observing an operator do this job in 6.5 minutes. If the PR (perfomace rating) of the individual is 97% and the allowance is 0.75 mintues, find the standard time and the percentage of workers eho will be able to finish the job within the specified time.
The Cowboy Saddle Company manufactures plastic saddles that are used in the assembly process of their Mr. Ed doll. If the run time for producing a batch of saddles is 4 days
Describe the process of comparing and weighing alternatives and considering the effects of a decision on their own integrity and character.
Firm X is considering the replacement of an old machine with one that has a purchase price of $70,000. The current market value of the old machine is $38,000 but the book value is $32,000.
A JIT system uses kanban cards to authorize movement of incoming parts. In one portion of the system, a work center uses an average of 90 parts per hour while running.
What is the distinction between value-added and nonvalue-added activites in a process? What is your business are being sued for a breach of contract.
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.
Discuss the ethical violations concerning CVS Pharmacy banning tabacco products in their stores. Does this make sense from a "market system" perspective? Will other major corporations follow suit? What propted them to make this decision? (750-900 ..
Education is often used as an indicator of a person's socioeconomic status. Historically, the number of years of schooling completed has been recorded in the census of population as a measure of education. Comment and support your reasoning
What factors should you take into consideration? What is the significance of incorporating evidence-based information?
An example would be the total dollar value of all the change setting in piggy banks across the United States. Please do not use this example also please Show steps.
The financial plan is important because it: A)Translates all support plans into monetary terms: b) Identifies the internal sources of funds. c)presents an approach for raising of capital from external sources
Assume now that after the implementation of the control chart, the mean of the statistic has shifted down by 1 standard deviation
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