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A manufacturer of computer chips has a computer hardware company as its largest customer. The computer hardware company requires all of its chips to meet specifications of 1.2 cm. The vice-president of manufacturing, concerned about a possible loss of sales, assigns his production manager the task of ensuring that chips are produced to meet the specification of 1.2 cm.
Based on the production run from last month, a 95% confidence interval was computed for the mean length of a computer chip resulting in:
95% confidence interval: (0.9 cm, 1.1 cm)
How will this decision impact the chip manufacturer’s sales and net profit?
What is the difference between nonfinancial and financial controls? Is a financial control a behavioral or an outcome control?
Review the case study Toyota Motor Manufacturing, U.S.A., Inc. (1995) by Mishina and the article "What Really Happened to Toyota?" by Cole (2011). Then, respond to the following questions: Where, if at all, does the current routine for handling defec..
Assume that a firm produces a consumer product at a variable cost of $7.25 and has fixed cost of $75,000 per month. Currently the firm sells 14,000 units per month priced at $14 per unit. Which of the above has the greatest impact to profitability?
Calculate the process capability index and advise if the process is at an acceptable level for an existing process (defend your answer).
A statement of scope. For example, does the policy apply to the entire organization or does it only apply to a particular division within the organization? Definitions of terms. A business continuity policy will use some jargon that will need to be ..
An analysis of the last 2,000 customer return transactions uncovered 30 errors. This results in a DPMO of approximately
Identify and discuss the four basic phases of the Phased Project Planning process.
Certain organizations lend themselves naturally to one type of organizational structure or another.
This discussion will help you build skill in evaluating the interdependent variables that impact the value and trajectory of global leadership development programs in terms of their effectiveness in fostering deep self-awareness and growth as well..
The owner of Tasty Cookies needs to decide whether to lease a small, medium, or large new retail outlet. She estimated that monthly profits will vary with demand for her cookies as follows: If she uses the maximin criterion, what size outlet will she..
Winter describes two “structures” that are essential for mission. What are their primary purposes? How does Winter use the delayed birth of the Protestant missions movement as an example of the need for both structures? What motivated some missionari..
The local convenience store makes personal pan pizzas. Currently, their process makes complete pizzas, fully cooked, for the customer. This process has a fixed cost of $20,000,
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