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1. Hofstede’s social values framework can be used to help explain the Asian version of Maslow’s hierarchy. Which dimension from Table 4-2 is most relevant? In Chapter 4, we also noted the differences between innovation diffusion processes in Asia and the West. Review the discussion in the chapter. Please relate it to Figure 10-1 with relevant examples.
2. Balding Inc. is the official producer of basketballs used in NBA tournaments. The Dallas Mavericks have placed a large order for Balding’s Fusion basketballs of 29.5-inch diameter, which feature exclusive micropump technology. Jennifer Boling, the Mavericks’ head of basketball operations, says she will accept only basketballs within 0.2-inch tolerance (i.e., those with diameters between 29.3 and 29.7 inches). Balding’s production manager sets the mean of its basketball manufacturing process at 29.5 inches and would like to ensure that 95% of its output will meet Boling’s requirements. What should be Balding’s process capability ratio?
Use a personal example or a text example or a business problem from the real world to illustrate one or more of the Decision Analysis models covered (use the linnear programming). Which model(s) might provide a better decision for this problem? Assig..
Explain the Six Sigma DMAIC methodology. How is it similar to or different from the Deming Cycle?
Assuming factory operates 300 days/year, a daily shift of 8 hours. Find the number of machines we need to manufacture 50,000 units per year.
The most effective compensation strategy is one that develops a clear link between the following components: Job Description (i.e., work that an employee is expected to perform). Performance Evaluation (i.e., work that the employee has performed). Ex..
Savory Cooking Sauces, Inc., a U.S. business firm, makes and sells distinctively flavored cooking sauces. Although the recipes are secret, the ingredients could be revealed and the sauces could be reconstructed with diligent efforts. What can Savory ..
Use creative font choices to get a reader's attention. Web articles are considered standalone documents.
The emphasis is on analyzing the different business operations as they are implemented in the company and compare them to what an optimal operations structure would be. The student should take the position of a "business consultant" who is assign..
Explain factors leading to the explosive recent growth of international financial markets. Analyze problems in the regulation and supervision of international banks and nonbank financial institutions.
What is the estimated purchase price of the home in 5 years? How much would need to be saved for the down payment?
How was the valuation determined? Is there anything MetaCarta could do to improve the valuation?
Should health care organizations use one method for depreciating their assets, or does the method of depreciation that they use depend on the type of asset?
Which would increase regular output to a steady 350 units a month, not using any overtime, and using subcontracting to make up needed output. Determine the total cost of thatplan.
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