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Jim's Outfitters, Inc., makes custom fancy shirts for cowboys. The shirts could be flawed in various ways, including flaws in the weave or color of the fabric, loose buttons or decorations, wrong dimensions, and uneven stitches. Jim randomly examined 10 shirts, with the following results:
Shirt Defects1 82 03 74 125 56 107 28 49 610 6
a. Assuming that 10 observations are adequate for these purposes, determine the three-sigma control limits for defects per shirt.
b. Suppose that the next shirt has 13 flaws. What can you say about the process now?
Sales (X, in millions of dollars) is related to Profits (Y, in hundreds of thousands of dollars) by regression equation Y = 8.21 + 0.76 X. Illustrate what is your forecast of profit for a store with sales of $40 million or $50 million.
Elucidate how has structure of today's organization changed from organization of past. Illustrate what is most significant event in evolution of organizational structure. Defend your response.
Karen Villagomez, president of Wright Industries, is considering whether to build a manufacturing plant in the Ozarks. Her decision is summarized in the following table
Compare the supply chain practices of 2 or more different companies in the same industry or similar industries. Should one industry adopt another's superior practices, or are their situations sufficiently different which everyone is already optimi..
Do you recognize generic similarities or differences between the NASA and Union Carbine incidents and the organization culture where you currently work or an organization which you were associated with in the past?
Examine how all three of the book stores address ethical, legal also security issues. Classify the communication technologies used by each bookstore. Comprise appropriate graphics to highlight major points.
Decide the estimated loss if the quality characteristics under study take on a value of 6.20 inches and 10 parts are produced.
Storing this paper requires a specialized facility and holding costs are 32%. Assume a lead time of 1 week and that re are 250 working days in a year. Illustrate what order quantity minimizes my total inventory costs.
which takes only a minute to prepare but needs five minutes per organization for completing the processing. If it costs about the same amount per minute for processing with either of the two methods, when should each be used.
While the industry average ROE is about 15%, average profit margin of 50%, asset efficiency of 10%, and leverage ratio of 3, the ROE for ABC, Inc., using data from January 2011, was 8.00% on an average shareholder's equity of $25,000,000.
Identify five forces which shape competition as described by Porter. Explain illustrate what is meant by term "competitive advantage". List three directional strategies.
Explain the logic behind explain how MRP's gross-to-net calculations are processed. Illustrate what input files are comprised in this process.
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