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Based either on your work experience or on the readings in this course or both, discuss the following:
1. What should prevail in a company, TQM by facts or intuitive decisions that are made without regard to facts?
2. What is generally the impact of the two quality management styles on a company's success?
The safety stock calculation is influenced by: A. Demand and Lead-Time Uncertainty B. (the) Economic Order Quantity C. Price Breaks D. (the) Reorder Point
A vending machine dispenses hot chocolate or coffee. Service time is 30 seconds per cup and is constant. Customers arrive at a mean rate of 78 per hour, and this rate is Poisson-distributed. Determine the average number of customers waiting in line?
The importance of the speed-time differential concept is that: a. it helps analyze the predictable communications behavior of employees b. it measures different speeds by which individuals communicate their ideas c. it represents the difference betwe..
For this activity, you are going to create a minimum 10-slide PowerPoint Presentation on the barriers and challenges surrounding project management communication. You should act as though you are presenting this in a business professional environm..
What are your beliefs about compromise as a conflict resolution technique?
A flow line mass production operation consists of eight manual workstations. Work units are moved synchronously and automatically between stations, with a transfer time of 15 sec. Determine (a) cycle time for the line, (b) time to process one work un..
The daughter of the owner of a local hamburger restaurant is preparing to open a new fast-food restaurant called Hasty Burgers. Based on the arrival rates at her father's outlets, she expects customers to arrive at the drive-up window according to..
An auto-parts company is deciding whether to sponsor a racing team for a cost of $1 million. The sponsorship would last for three years and is expected to increase cash flows by $580,000 per year. If the discount rate is 7.5%, what will be the change..
Assume that Raul Lopez is a soybean farmer in the Florida panhandle and that he operates under conditions of perfect competition. If Raul discovers a new irrigation technique that reduces his AVC and ATC, how will the price at which he sells his pro..
If you are The University Student Union (USU) at CSUN and you rent out rooms on a continuous basis to various student and other organizations on campus, could you apply Rapid Changeover / SMED to your business? Using the 5 steps discussed in your lec..
What is the critical path. Suppose you want to shorten the completion time as much as possible, and you have the option of shortening any or all of B, C, D, and G each one week. Which would you shorten
A developing country wants to become more global, hoping to increase the pace of its economic growth and improve the quality of life for its people. It wants to achieve this by attracting foreign direct investment.
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