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Six Sigma includes use of tools such as
I. descriptive statistics, run charts, and process control charts.
II. check sheets, Pareto charts, and benchmarking.
III. Brainstorming, force field analysis, and cause and effect diagrams.
IV. counter-seasonal production scheduling. Question 3 options:
1) I, II, and III only
2) IV only
3) I and II only
4) none of the above
5) all of the above
Suppose Company A had Gross Sales of $1 million last year. The cost-of-goods-sold was $0.4 million and the administrative expenses totaled $0.2 million. By how much could the Profit-before-tax increase if the cost-of-goods-sold had been reduced from ..
The rooms forecast committee is scheduled to meet later this afternoon. You have been asked to prepare remarks on group no-shows. Explain how would your remarks differ if the group reservation had been made.
Cheryl Vance, an actuary at Value Life Insurance Co., aims to determine whether the accident rate differs for two-door versus four-door versions of the same car model. Gerald Mims wants to test the hypothesis that companies with larger advertising bu..
The Schuman Company is considering the construction of a ski lodge and ski complex. The board of directors has voted to build a 10 million dollar complex. Determine the critical path and the slack for each task. Determine the EST, LST, EFT, LFT for t..
Now that you have learned much about the pros and cons of unions, what direction should US labor unions should take in the future? What direction should employers take in the future regarding unions?
Evaluate the internal processes or strategies within an organization in which you are involved, such as your workplace, school, church, or community group, in order to identify a problem that provides an opportunity for innovation. Then, determine an..
Describe the importance of employee benefits as a strategic component of fulfilling the goals of HRM.
The cost of each unit is $10, the inventory carrying cost rate is 0.10, the cost of making a review and placing an order is $15, and the cost of backorder is estimated to be $30. Find the optimal quantity and period for this problem.
What is the current capacity of the entire system?If you could increase the capacity of only one operation through process improvement efforts, which operation would you select, how much additional capacity would you strive for, and what would the..
What are alternatives course of actions for Apple can use to continue success for the future? Each Alternative that you develop for the firm must show the potential advantages and disadvantages of that alternative.
At the end of the risk workshop, the two items identified are the event that triggers the risk and the effect of the risk on the project. the event that triggers the risk and its probability of occurring. the identification of the risks and their im..
A consultant had administered a questionnaire to some 285 employees using a simple random sampling procedure. As she looked at the responses, she suspected that two questions might not have been clear to the respondents. She would like to know if her..
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