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A production line has three machines A, B, and C, with reliabilities of .92, .95, and .95, 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’s 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. Compute overall system reliability under Plan 1. b. Compute overall system reliability under Plan 2. c. Which plan will provide the higher reliability?
Analyze the advantages and disadvantages of tariffs. Provide support for your response.
Why is “Profit” a problematic target? Please consider in your answer different types of profit, the possible differences between profit and turnover (=sales) as a measure and also the definitions and meaning of profit/capital ratio(s).
Track the stock price of Starbucks Corporation for seven weeks beginning first week of October 2015 for seven weeks on every Friday rather than daily. This will include activity up through the seven week period. The recent history of successes and fa..
According to the production plan, what will be the total ending inventory in the second month after the second month's demand is satisfied and what level of anticipation inventory would be needed at the start of the first month to result in an end..
Look at this practice from the perspective of both the customer and the manufacturer. In other words, what does the customer get and what does it cost the manufacturer?
The division is expected to have a debt/equity ratio of 1.20. The marginal tax rate is 36% for all the firms. What is the beta for the food division? The T-bond rate is 3%, and assume a market risk premium of 5% what is the cost of equity of the d..
The jackson company has invested in a machine that cost $70000, that has a useful life of seven years, and that has no salvage value at the end of its useful life.
Explain the differences between a blue ocean strategy and a red ocean strategy. Why would a management team choose a blue ocean strategy over a red ocean strategy? When developing products, what does the term relative advantage mean? Explain why mana..
Discuss common challenges of managing projects and the value of effective management to an organization.
Find out average time in the waiting line. Find out average time in the system. Find out probability which there is one person waiting. Find out probability an arrival will have to wait.
Boxes of Honey Nut Oatmeal are produced to contain 16.0 ounces, with a standard deviation of 0.20 ounce. For a sample size of 49, the 3-sigma -x chart control limits are Upper Control Limit (UCL-x) = ounces, Lower Control Limit =(LCL=max
What are the methods, tools, and capabilities that will allow the project manager to anticipate potential risks before the risks fully develop. Describe how project risk can include both threat and opportunity for the project.
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