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how many observations should a time study analyst plan for in an operation that has a standard deviation of 1.5 minutes per piece if the goal is to estimate the mean time per piece to within 0.4 minutes with a confidence of 95.5% ?
The diameter of a machined cylinder is 3 inches but can be as large as 3.03 inches and as small as 2.97 inches. If the process has a grand mean of 3.01 inches and a standard deviation of 0.02 inches. What is the probability of producing bad cylind..
Describe the behaviors of leaders modeling excellence. How do you assess excellence and how does that inspire you to perform at a higher level?
Calculate the CPI and SPI. Explain the results of the calculation - what do they mean?
Suppose Park Hyatt wishes to maximize expected profit rather than expected revenue. Illustrate what is optimal protection level for full fare.
For a customer service operation, elucidate how each of these two approaches could be used to address the complaints which are being received from the customers about the poor customer service.
Should Kim install the additional equipment if she expects a pretax payback period of three years or less?
Allowing employees to use their own smartphones for work will save the company money. Do you agree? Why or why not
Illustrate what is the average VLC in a target market segment if the average purchase price is $75 per visit, the frequency of purchase is 6 times per yr.
For each year from 2008 to 2011, calculate the dividend yield, the capital-gain yield, and the total return to the stock. Express your calculations in percentage terms.
Some companies are taking a more proactive approach. When Tesla Motors laid off employees, its CEO, Elon Musk, posted a blog entry on the topic just before announcing the layoffs to employees. "We had to say something to prevent articles being wri..
What types of products are best suited for selling on the Web?
Using what you have researched and studied throughout Modules 1 - 7, write a report addressing a quantitative analysis (QA) project
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