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A bank has set a standard that mortgage applications be processed within a certain number of days of filing. If, out of a sample of 2,500 applications, 85 fail to meet this requirement, what is the epmo metric and what sigma level does it correspond to?
Compute the takt time for a system where the total time per shift is 400 minutes, there is one shift, and workers are given two 20-minute breaks and 30 minutes for lunch.
Explain how can organisations strike a balance among respecting and meeting the needs of a diverse workforce and shaping a high-performance corporate culture where shared values contribute to the accomplishment of strategic goals.
The material is obtained from a nearby supplier also has a 12-hour cycle time. An efficiency factor of 0.15 has been assigned to this cell. Illustrate what is the optimum number of containers to support this operation.
The ordering cost is $30 per order and the annual demand is 7,500 units. The holding cost is 10 percent of the purchase cost.
From your accounting statements, how would you determine whether your firm is making positive economic profits or not?
Fourteen years ago, the U.S. Aluminum Corporation borrowed $9.9 million. Since then, cumulative inflation has been 98 percent (a compound rate of approximately 5 percent per year).
The airline knows from past history that an average of 32 customers (with a standard deviation of 22) cancel their reservation or do not show for the flight
Is Volvo's approach to evaluating the effectiveness of its virtual teams one that could serve as a useful model for other organizations to follow in evaluating their own virtual teams.
In what ways might a firm's suppliers improve or undermine the firm's Lean efforts? Provide an example to illustrate this situation.
Compute the depreciation amount in the third year and the BV at the end of the fifth year of life by each of these methods
Describe the focus and goals of Organizational Behavior (OB). Why is this important to understand? How can this knowledge impact your career?
Briefly explain one of the seven concepts for total quality management (TQM). Describe one TQM tool and explain how it improves processes and products.
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