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Please paraphrase the following paragraph: 1) The process is in a state of statistical control means that assignable or special causes of variation have been removed; characteristic parameters like the mean, standard deviation, and probability distribution are constant; and process behavior is predictable. One implication is that any improvement in process capability will require a change in material, equipment, method etc. 2)Relative to the control chart, the type I error represents the probability of concluding the process is out of control when it is not, means a plot point is outside the control limits when in fact the process is still in control. In process operation, high frequencies of false alarms could lead to excessive investigation costs, unnecessary process adjustment and lack of credibility for the method. The type II error represents the probability of concluding the process is in control, when actually it is not; this results from a plot point within the control limits even though the process mean has shifted out of control. The effect on process operations of failing to detect an out-of-control shift would be an increase in non-conforming product and associated costs.
Friends Curt and Rich own a local bookstore. They are very interested in making plans for improving the store and better dealing with competition from the other bookstores that serve the college students in town. Curt said to Rich: "We should be benc..
Imagine that you are the leader in a company where you are trying to build a culture of collaboration and teamwork. How would you empower team members to work together as a cohesive team? How would you handle conflict when it arises?
Design specifications require that a key dimension on a product measure 100 +-10 units. A process being considered for producing this product has a standard deviation of four units. What can you see (quantitatively) regarding the process capability? ..
What structural issues might arise in managing contingent workers? Again, think about what you have learned about organizational design. How might that information help a manager address those issues?
Suggest ways to confront the challenges and provide suggestions that can untimely improve sustainability in its value chain
The first four levels of the contract management maturity model (CMMM) for buyers bear different names than the first four levels of the CMMM for sellers, but the last two levels of the CMMM for buyers and sellers bear the same names. Does this mean ..
How do you react to conflict? Do you have a typical style as a leader when dealing with a conflict situation? Complete the Conflict Style Questionnaire.
When deciding to form a strategic partnership, the text recommends performing an audit of needs and overall strategies with regard to logistics operations.
Compare each organization's use of information systems to help manage internal operations and to make decisions.
Your computer application company has won a court settlement for a patent infringement, you have a choice of taking $50,000 now or $1,100 paid monthly over a 5-year period. The current rate of return on a fixed investments is an APR of 3% per year. W..
Consider a firm that is considering marketing its innovation in multiple countries. What factors should this firm consider in formulating its protection strategy?
Prepare a two-page paper based on "Manufacturing and Service Industries."
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