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A production process is known to produce a particular item in such a way that 5% of these are defective. If two items are randomly selected as they come off the production line, what is the probability that the second item will be defective?
Solve the following linear program using the decomposition principle: minimize z = ?2x1 ? 5x2 subject to x1 + 2x2 = 13.5 x1 + 3x2 = 18.0 x1 ? 9 x2 ? 5 x1, x2 ? 0.
Multiple regression analysis based on the assumptions of linearity and normality.
Suppose that the economy is thought to be 2% above potential ( that is, output gap is 2%) when potential output grows 4% per year. Suppose also that the Fed is following the Taylor rule
Job Work Center/Machine Hours Due Date (days) 1 A/3, B/2, C/2 3 2 C/2, A/4 2 3 B/6, A/1, C/3 4 4 C/4, A/1, B/2 3 What is the makespan and machine idle time?
How much could the firm save annually in ordering and carrying costs by using the EOQ?
He was now looking for expansion of his business and decided to venture into Road transportation business between Chennai and Mumbai and Mumbai and Delhi as he felt that he could do well on this line
Given the ease of use of simulation software such as Crystal Ball, what other data used in project management should probably be simulated?
How long will each order last (in months) if the manager uses the Economic Order Quantity?
Assume a drive-up window at a fast food restaurant. The exact interarrival time and service time distributions are not known, but the average and std deviation has been measured.
how to compare and contrast the roles and responsibilities of the HRM department and the line departments in respect of the following fuctions
he company is interested in using control charts to monitor the temperature of its manufacturing process. Construct the and R chart. What conclusions can be made about the quality of the process?
Looking out over the next decade, estimate the likely standards of value creation. How would you advise a company like IBM or Cisco to configure and coordinate its value chain
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