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A metal fabricator produces connecting rods with an outer diameter that has a 1 ± 0.03 inch specification. A machine operator takes several sample measurements over time and determines the sample mean outer diameter to be 1.001 inches with a standard deviation of 0.030 inch.
Calculate the process capability index for this example. (Round your answer to 3 decimal places.)
Process capability index
Think back to a project with which you have been involved. What monitoring tools have you used? Were they appropriate for the project? Explain your answer.
Within a given distribution channel, the following information is available concerning trade margins and costs. A wholesaler has a unit selling price of $251 and a unit cost of $125. The retailer requires a 27% markup on selling price. The manufactur..
Midwest Electric Company (MEC) uses only debt and common equity. It can borrow unlimited amounts at an interest rate of rd = 10% as long as it finances at its target capital structure, which calls for 50% debt and 50% common equity.
Sports: Alpine Skiing, Bowling, Equestrian, Goalball, Sledge Hockey, Wheelchair (WC) Basketball, (WC) Rugby, (WC) Tennis. What are target population groups? hat else do we need to know to get started?
The company will use an operating lease arrangement. (34%) tax bracket. What is the Present Value (PV) for these two alternatives? Use j (15%). Be sure to fully justify your answer. Use time lines. Prove first Dace in your answer.
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. Let the first two constraints be the hard constraints and the remaining constraints be ..
What do you feel should be the most important priority of an ERP project implementation team? When should business processes be "left alone" and the ERP software customized? When should the processes change to fit the ERP software? What might be the ..
Create a total of two business-quality posters that can be created on paper or by using a software application (Microsoft® Office Suite). Creativity is encouraged. Be sure that the posters represent the following:
Determine the product lead time by developing a time line from the initiation of a purchase order to product delivery. Discuss the company's possible transportation modes and channels in China and to and within the United States, and the likeli..
Explain Vertical and Horizontal Linkages in your current or previous organization! Are/were there any pros and cons? What is meant by Informal Linkages? Provide a practical example
Discuss the potential for a reverse logistics model to reduce costs in terms of product life cycle. In other words, when is it and when is it not cost effective to return products through a reverse logistics model ?
What procedures must be followed in order for a federal administrative agency to create a substantive rule? Must all proposed rules have a trial-like procedure to present evidence in support or against proposed rules?
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