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A state department of tourism and recreation collects data on the number of cars with out-of-state license plates in a state park. (The group's position is that more out-of-state plates means the state's advertising programs are working.) The sample size is fixed at n=90 each day. Data from the previous 20 days indicate the following number of out-of-state license plates: a. Calculate the overall proportion of "tourists" (cars with out-of-state plates). b. Calculate the LCL and UCL for these data. c. Plot the control chart. Are all points within the control limits? d. What action do you suggest for improving this process?
If business is expected to improve in one year, are layoffs financially justified? What costs are incurred in a layoff that are difficult to estimate in monetary terms?
Determine the minimum and maximum cycle times. What range of output is theoretically possible for the line?
Write down one additional audit question for each category listed in the sample audit in appendix B (which is attached) explain why each question you wrote is important to assessing an organization's ethical performance.
Discuss how the research questions and hypothesis are developed. Describe the null and alternative hypothesis and how they support the research effort. Describe how the research effort will be measured and analyzed.
Considering the ecological succession of barren dunes to an oak community using a Markov Chain. In this simple model, it is assumed that there are three states for a specic ecological region.
Calculate the reasons cited by O'Brian for relocation is they justifiable. Illustrate what legal also ethical responsibilities does a industry have to its employees when a decision to cease operations is made.
it takes two hours to refill the container also return it to the bathtub. Illustrate what happens to the system over time.
The economic production quantity is 500 units (units are delivered to the user department as they come off the production line). If the firm decides to buy this item from an outside supplier rather than producing it, the economic purchase quantity..
Some tasks and the order in which they must be performed according to their assembly requirements are shown in the following table. These are to be combined into workstations to create an assembly line
Assuming no other paths become critical, what action would you take to reduce the critical path 1 additional day? What is the total cost of the 2 day reduction?
The production process is most efficient when 12 units per day are produced at a cost of $119 per unit. Setup cost is $39. Inventory carrying cost at Johnson is determined to be 8 percent annually.
Assuming that there is a perfect market in St Jamesa Ltd's shares, and that the market uses a dividend valuation model, show how the market value of the shares has been affected by the Board's decision.
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