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Light bulbs are tested for luminance. Random samples of 5 are chosen. The summary information below is for 30 Samples. The specification limits are 90 lumes a. Estimate the process standard deviation b. Assume that all points on both charts plot within the control limits. What are the natural tolerance limits of the process? c. What are your conclusion regarding the ability of the process to produce items conforming to specifications? Find Cp and Cpk. d. Assuming that if an item exceeds the upper specification limit it can be reworked and if it is below the lower limit it must be scrapped, what percent scrap and rework is the process now producing? e. It the process were centered on at u = 90, what would be the effect on the percent scrap or rework?
Define what is and what not a project is. What is in a project life cycle? Define at least 3 different project life cycles from differing industries. Note that different scholars/practitioners define the components of a project’s life cycle different..
You have been hired as a new procurement and supply manager at a company that manufactures and assembles construction equipment. The management team is not satisfied with the cost to manufacture and assemble the construction equipment as well as the ..
In thinking of a recent situation in which you participated where it would have been helpful to address underlying assumptions. Describe the situation, who was involved, their roles, what they were trying to accomplish, and what actually happened. Wh..
The Global Financial Stability Report is a semiannual report published by the International Capital Markets division of the International Monetary Fund ( IMF). The report includes an assessment of the risks facing the global financial markets. Locate..
Describe a process that you would say has a lot of waste in it. Then, if you were to lean out that process, what would it look like after you were done. What wastes would you eliminate? How would you do so. How would this benefit the overall opera..
Research Paper Using the practices of Strategic HRM, complete a APA research paper. Using your text, one or more professional interviews, at least two scholarly resources and other general resources, conduct research on the practices of HRM and the s..
Handstar Inc. was created by two college roommates to develop software applications for handheld computing devices. In four years, it has grown to ten employees with annual sales approaching $1.5 million. Handstar’s original product was an expense re..
Describe the links between supply management, production planning and control, and logistics in a supply chain management environment.
Research what is meant by factored cost as it relates to probability X impact and establishing a management reserve. Provide an example for your classmates of an identified risk and the probability X impact. How much would be added to management rese..
Briefly discuss the decision methods used when there is complete uncertainty as to which state in a decision environment may occur. Chad's Pottery Barn has enough clay to make 24 small vases or 6 large vases. He has only enough of a special glazin..
The seasonal yield of olives in Piraeus, Greece, vineyard is greatly influenced by the process of branch pruning. If olive trees are pruned every two weeks, output is increased. Based on the information provided above, the method to solve this model..
Detailed plans and formal procedures are most likely to be found in a culture with?
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