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One puzzling aspect of the "official" Six Sigma literature is that it states that a process operating at Six Sigma will produce 3.4 parts-per-million (PPM) defects. However, if a special normal distribution table is consulted (very few go out to Six Sigma) one finds that the expected defects are 0.002 PPM (2 parts-per-billion). Find out the reason behind this discrepancy.
Hazel had worked for the same Fortune 500 Company for almost 15 years. Although the company had gone through some tough times, things were starting to turn around. After recovering from the initial shock, Hazel tried to find employment elsewhere. Des..
Using the cut-and-try method for aggregate operations planning we can determine the production requirement in units of product. If the beginning inventory is 500 units, the demand forecast is 1,000
Please complete the "How Good Are Your Decision-Making Skills?" online assessment. Did you see some common themes? Do you agree with the score you received
a. What is the project's duration if only normal times are used?
Choose the two (2) segments of the general environment that would rank highest in their influence in the company of Apple, Inc. Assess how these segments affect Apple, Inc. and the industry in which it operates.
First find out and explain what type of exchange rate system does India exercise currently. Then, write a comprehensive paper (more than one page) on the pros and cons of fixed and floating exchange rate systems (depending which type your country is ..
Parsa Real Estate is a company that buys and rents real estate. The company is looking into buying an office building for $1M. The building has 10,000 square feet of rentable office space. The building needs to be maintained (security, insurance, mai..
Management has formulated four questions or "Decision Problems" that should be answered. Four "Decision Problems" or questions are: Explain why are store revenues lower than previous years.
Prepare an aggregate plan for the coming year, assuming that the sales forecast is perfect. The plant will run 8, 10, 9, 11 lines in the coming four quarters.
Describe the business (real or imagined) involved thoroughly. What is the industry? What is the revenue model? What is the company's strategic vision and who are the stakeholders? Do they produce goods, services, or both?
Under what conditions are customer-centric structures appropriate and what challenges does this type of organization structure face and why?
A computer store sells two models. The first is a laptop which costs $950 to produce, and a net book which cost $400 to produce. It is estimated that the average selling price of the laptop is $1200 minus $0.5 for each net book sold and minus $0.03 f..
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