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A production line has three machines A, B, and C, with reliabilities of .99, .96, and .93, respectively. The machines are arranged so that if one breaks down, the others must shut down. Engineers are weighing two alternative designs for increasing the line reliability. Plan 1 involves adding an identical backup line, and plan 2 involves providing a backup for each machine. In either case, three machines (A, B, and C) would be used with reliabilities equal to the original three.a. Which plan will provide the higher reliability?b. Explain why the two reliabilities are not the same.c. What other factors might enter into the decision of which plan to adopt?
Which is one of the problems associated with constraining characteristics and their effect on how behavior is motivated and performance controlled?
Defend the process of developing a mission statement. Why do you feel that this process is necessary and complimentary to strategic management? Support your answer with at least two examples and detail where applicable
Briefly describe the selected negotiation. Examine the issues versus the interests of the parties involved. Determine how this difference affected the negotiation.
The owner of Touchdown Sports Bar wants to develop a time standard for the task of mixing a specialty cocktail. In a preliminary study, he observed one of his bartenders perform this task seven times with an average of 90 seconds and a standard devia..
Todds Video, am major video rental and TV sales chain headquartered in New Orleans, is about to open its first outlet in Mobile, Alabama, and wants to select a site that will place the new outlet in the center of Mobiles population base.
Discuss the long and short term implications for a company's products and profitability if they fix problems at the end of a production line, or stop production to deal with the problem when it is discovered. Consider such things as "can you find all..
Discuss the following points regarding change efforts and their results: Describe a specific change initiative that you participated in that seemed to work well.
Mona wants to negotiate a bearer instrument in her possession to Nat for an order instrument in Nat's possession. Indorsements are required to negotiate
create an 8-10 slide ms powerpoint presentation with detailed speaker notes. include the followingidentify which iso
Discus how you would manage a poor forcast
What reasons could account for an organization’s decision to implement a merger or acquisition strategy? How does an organization determine which of the two strategies to implement? Acquisition strategies can be complex. What are the primary problems..
A regression model that predicts sales is given as: Sales = 100 - 6*(Price). Which of the following can be said based on this model? In developing a multiplicative seasonality forecasting model, which of the following gives the required steps in the ..
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