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In a manufacturing system, parts arrive at an electronic inspection station following a Poisson process with rate of 1 per minute. Suppose that 5% of the parts are defective and the inspection identies all defective items immediately upon arrival. Assume further that each part is defective (or not) independently of all other parts. please show all work.
How long from start to finish will it take to complete the processing the five cars and how much idle time was incurred by the washing process - How long from start to finish will it take to complete the processing the five cars?
Compared to manufacturing, service requirements tend to be more time dependent, location dependent, and volatile. In addition, service quality is often directly obsevable by customers. Find a recent article in a business magazine that describe how a ..
The employees of Alexander Hotel are unionized. The owner has cultivated a friendship with several union stewards - they drink and play cards together. When they do ask for raises he stonewalls the negotiations by insisting that he cannot afford the ..
Define and discuss profit-sharing plans and also the advantages. Additionally, critics of profit sharing plans maintain that these plans do not motivate employees to perform at higher levels. Under what conditions are profit sharing plans not likely ..
Project closure is an important, but often overlooked, step in the project management process. Identify and describe a process for project closure for your company.
Identify strategies that are currently being used by the company, BLACKBERRY. The strategies should be identified and discussed at the corporate, business, and functional levels.
Operations and logistics are what create a company’s product or service and bring it to market. The processes within each get raw materials into the company and finished products out. In the case of a services organization, the processes bring knowle..
This Discussion Board requires students to perform the following 2 activities before they write:
What are the basic assumptions in locational cost profit volume analysis?
Draw a stock control card and discuss the completion process
Arthur Company is considering investing in an annuity contract that will return $46,000 annually at the end of each year for 15 years. What amount should Arthur Company pay for this investment if it earns a 7% return, rounded to whole dollars?
If demand is expected to be 75 percent of current level in 5year and management needs to have a capacity cushion of just 5 percent, illustrate what capacity requirement should be planned.
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