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Assume NASA is concerned about the reliability level of a new untested system for use on Mars. Based on past experience they believe there is a 75% chance that the system's reliability is Rl = 0.9, a 15% chance it is R2 = 0.75 and a 10% chance it is R3 = 0.6. Assume the system is tested three times on Mars and it operates successfully each time. Determine the probabilities that the reliability level is R1, R2, and/or R3. How does your answer change if it is tested a fourth time and fails?
Most managers in organizations develop strategic plans without realizing the importance of internal and external assessments and their implications on the four functions of management. Assume you are hired as a new manager and you want to improve ..
You have been named the new safety officer for a metropolitan hospital. Your department manages all issues related to safety at the hospital. The hospital has recently experienced increasing bad outcomes and patient safety violations that are threate..
Each of finished products requires a unit of raw material. If raw material enters the system at a rate of 10 units per hour, what is the utilization of machine B. Note that, machine B does not process raw material, but it processes the work-in-proces..
Which strategic training and development initiatives do you think all companies should support in today's economic climate? Why?
based on your research address the followinga what tools might an organization use to help identify barriers?b identify
Apply IOM (International Operations Management) concepts/tools to solve problems in managing international operations.
As people engage in more international travel and become more familiar with other countries, will cultural differences decline as a roadblock to international understanding or will they continue to be a major barrier? Defend your answer.
External Environmental Analysis: Identify key external forces with immediate strategic implications for Alaska Coffee Company.
If re were room to park only 2 boats at top of ramp in preparation for launching, explain how often an arrival would find out insufficient parking space. Explain why would you need to use linear programming to make a decision and not some or financ..
Provide the cycle stock, safety stock, in transit inventory and transport cost across all widgets to provide the desired in stock level and what would be corresponding inventory levels and total cost if products were shipped by air from Seattle to S..
What are the two main types of leadership discussed by Yun, Faraj, and Sims Jr.? Discuss how each of these affects a high-velocity environment team such as trauma resuscitation teams.
Andrew Shilston divided cost management into perhaps eight categories. If you have any experience with any of the issues Mr. Shilston described in any of these categories, describe whether what he says is a legitimate perspective. Pick a single categ..
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