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A production line has three machines A, B, and C, with reliabilities of .91, .93, and .86, 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. (Round your intermediate calculations and final answer to 4 decimal places.) Reliability b. Compute overall system reliability under Plan 2. (Round your intermediate calculations and final answer to 4 decimal places.) Reliability c. Which plan will provide the higher reliability? Plan2 Plan1
Compare the common methods used for selecting human resources.
1. How would you describe CEO Ergen’s approach to output control? Give examples to support your view? 2. How would you describe CEO Ergen’s approach to behavior control? Give examples to support your view? 3. Give his approach to control, what kind o..
Describe three goals in each of the following spheres over the next year. Use as much detail and description as you can: Material Rewards and Possessions (goals in income, wealth, and possessions) please do not use Google.
How and why are a training program and a communications system important in developing an effective ethics program?
Indicate your understanding of the Transitions Theory by responding to Option A or B. Option A. Bridges describes change as “situational” and transitions as “psychological.”
Discuss the three main types of government and private sector contracts: time and materials, fixed price, and cost reimbursable, when they are applicable, and what the advantages/disadvantages are for each?
Describe the relationship between purchasing and the work breakdown structure (WBS).What ethical considerations are involved in contracting and procurement?
You are a HR manager for an organization with 500 employees. Each employee’s information will be stored in a spreadsheet. Explain why analyzing this information can be beneficial for the HR Department. Explain how auto-filter can be applied to find t..
How does a company quantify the value of SSRM? A. Develop a SSRM program with systems to link purchasing, financial strategy and lean organizations, and then measure the results. b. Create value and focus beyond the contract, improve supplier perform..
He would like to earn 10% interest compounded quarterly on his investment because interest rates in the economy have risen since the bond was issued. How much should Sam be wiling to pay now for the bond? Draw a cash flow diagram.
Three main reasons that there are changes to a budget (and hence, changes to the overall budget) are: (1) errors the cost estimator made about how to achieve the tasks identified in the project plan; (2) an increased knowledge about the project's goa..
Describe five personality characteristics needed to understand employee behavior. Describe three theories of motivation that impact job satisfaction.
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