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1) Company XYZ is evaluating whether it is meeting the six sigma requirement or not. The company promises its customer to deliver the product in 20 to 75 hours. Actual shipment data has a mean of 50 hours and standard deviation of 5 hours. Is the company meeting six sigma requirement? If not, what should be the standard deviation to get the six sigma level?
2) A process consists of 5 steps. Step 1 and step 2 performs at 3 sigma levels, step 3 and step 4 operates at 2 sigma level and step 5 operates at 4 sigma level. What is the sigma level of the entire system?
What measures should be adopted to reduce the overall drug error rate in the hospital. What special benefits should be given to the patients who have suffered due to negligence by the hospital staff for wrong drug administration and other reasons
Differentiate between the consensus, ratio, and apportion methods? Provide an example for when each method is used.
What are the four market types? Give an illustration of each. From a social standpoint, what is the problem with monopoly? Discuss this using an example for illustration.
Explain the term knowledge based pay system.
Kelly and David have lived in a home inherited from his parents. Their son James lives with them. David and Kelly obtain a divorce during the current year. Under the terms of the divorce, Kelly receives possession of the home for a period of 5 years ..
List 2 different torts a fast food business might have trouble with. Explain how the business could reduce their risk for each of the torts.
Using your textbook, the Argosy University online library resources, and the Internet to research market coverage and channel membership, compare the applicability of the following statement to convenience goods and to shopping goods. Explain the rea..
The production department of the newspaper has embarked on a quality improvement effort and has chosen as its first project an issue that relates to the blackness of the newspaper print.
What is the net cash outflow for the new machine after considering the sale of the old machine? The firm's tax rate for ordinary income is 30%
There is no shortage of pricing approaches, and as customers, we are exposed to all of them at some time or another in our purchasing processes. Choose one of the pricing approaches discussed in the readings and discuss a product, the pricing approac..
The University in general, and myself specifically, need your assistance. We continually strive to be better. So here’s your chance to unload; Identify and give examples of the steps that can be taken at the functional level to improve the University..
Henderson Furniture sells reproductions of 18th century furniture. For a particular table, the following information is valid. Month.
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