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A time study of a factory worker has revealed an average observed time of 3.00 minutes, with a standard deviation of 1.00 minute These figures were based on a sample of 45 observations. Assume that the firm wants to be 90% confident that the standard time is within 5 % of the true value. (Round all intermediate calculations to two decimal places before proceeding with further calculations.)
Based on the given information and the given confidence level and accuracy level, the number of observations that would be necessary for the time study =
observations (round your response up to the next whole number).
The regime in China has been known to manipulate it currency creating a competitive a world competitive advantage for the manufacturing of goods.
Discuss the market system and the need for ethics in business and distinguish it from the law and concepts of virtue and morality.
Describe a specific strategic incentive management method you would use for Wal-Mart. What are the various types of duties that export marketers should be aware of? According to Lewin’s model, what things did President Obama do well to manage the cha..
Determine one key distinction between each of the following strategies: adaptive, market entry, and competitive. Provide one example of each strategy to support your response.
Reverse discrimination and reverse glass ceiling cases have grown in recent years. A reverse glass ceiling occurs when higher seniority persons are dead-ended in the area of promotions. Because younger employees tend to have greater science and techn..
explain the difference between profit and contribution in an objective function. Why is it important for the decision maker to know which of these the objective function coefficient represent?
1. what role does supply chain management play for organizations seeking to gain the competitive advantage? would it be
This is the next step in creating your marketing plan. Please follow the directions in Week One and reference the marketing plan outline in Appendix A of your text. Identify which channel of distribution will provide the best coverage of the target m..
Average hourly wage is 9.50. overtime workers receive time and a half. overtime is limited to two hours per day for each worker(making max of 50 hr work week. Write overtime linear constraint fir a 6 month production plan.
Maverick Backpacks makes backpacks. They have a monthly fixed cost level of $50,000 and marginal costs of $3.00 per backpack. They wholesale their backpacks for $10.00 each. Calculate the breakeven point. What is their profitability at the followi..
1 iso audits result in certifications that are done by first second or third parties. which of the following result in
Project Risks Identification, Thoroughly describe each project risk (at least 8), which includes the source for identifying the risk.
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