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The gate at a public parking lot requires maintenance or replacement from time to time. Each week, there is a probability p that a car will crash into the gate, in which case it will be replaced at the beginning of the following week. If there is no accident for five weeks, the gate will always be replaced at the beginning of the following week. Let Xt denote the age of the gate at the beginning of week t . Is the long-run state probability vector of this Markov chain stationary? If so, find the long-run stationary probabilities.
Elon Corporation manufactures parts for an aircraft company. It uses a computerized numerical controlled (CNC) machining center to produce a specific part that has a design (nominal) target of 1.275inches with tolerances of 6 0.024 inch. The CNC proc..
Does this imply that the EOQ approximation is poor? Why or why not?
What is the role of each branch of the federal government with regard to equal employment opportunity? For each of the following situations, identify one or more constitutional amendments, laws, or executive orders that might be apply. For each situa..
Efficiency is a critical element both in terms of individuals and machinery in any business. Describe some efficiency measures that you would implement in your grocery delivery business. What are the analysis tools that you would utilize to determ..
In most cases, manufacturing equipment is more expensive in Germany, France, or some other European countries when compared to the U.S. and Asia. In this week’s individual assignment, we will discuss why that is the case and how it affects the import..
Suppose the size of the project was not determined correctly and a large, complex project was defined as a medium project instead. Predict the outcome of the risk management process within this organization. Include examples (i.e., the incorrect sche..
A Quality Assurance (QA) Program is essential to the success of any business.In establishing your grocery delivery business, what are some of the Quality Control (QC) processes that you envision employing? Why? Provide examples of potential metric..
Macromedia is a relatively new company that offers computer training seminars on a variety of topics. In the seminars each student works at a personal computer, practicing the activity that the instructor is presenting.
Which of the following is not a role played by an operations manager when addressing service quality?
Draw an organizational chart of the business school or college that you attend. Outline its major roles and functions. How differentiated is it?
provide a basis for drawing analysis-based conclusions about the attractiveness of the industries a company has diversified into, both individually and as a group, and further to provide an indication of which industries offer the best and worst l..
You are working with your team leads to create the project schedule. You are very concerned about the intersections between the teams, so you all are starting with the major milestones and working backward from the new product launch.
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