Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Please paraphrase the following paragraph: 1) The process is in a state of statistical control means that assignable or special causes of variation have been removed; characteristic parameters like the mean, standard deviation, and probability distribution are constant; and process behavior is predictable. One implication is that any improvement in process capability will require a change in material, equipment, method etc. 2)Relative to the control chart, the type I error represents the probability of concluding the process is out of control when it is not, means a plot point is outside the control limits when in fact the process is still in control. In process operation, high frequencies of false alarms could lead to excessive investigation costs, unnecessary process adjustment and lack of credibility for the method. The type II error represents the probability of concluding the process is in control, when actually it is not; this results from a plot point within the control limits even though the process mean has shifted out of control. The effect on process operations of failing to detect an out-of-control shift would be an increase in non-conforming product and associated costs.
Groups may be both a boon (for example, they statistically outperform individuals) and a bane (for example, they take too long) of decision making. While they can systematically outperform individuals, groups are also prey to systematic bias and o..
If the vendor is willing to offer a discount of $10 per order for ordering multiples of 50 units (e.g. 50, 100, 150), would you advise the manager to take advantage of the offer in either period?.If so, illustrate what order size would you recomme..
The 2 major players in the disposable diaper market are Proctor and Gamble (40% of market) and Kimberly Clark (about 35% of the market). Both companies have undertaken costly research and development campaigns to gain a competitive edge- undercutting..
discuss how operations strategy interacts with the other functional strategies of the firm, including trade-offs and infrastructure choices. One designated member from each team should then submit to this drop box a detailed response to this exerc..
Great points and examples how organizations have varying approaches to how decisions get made! Some organizations have a very systematic approach to making decisions, while others are a bit haphazard.
If all the assumptions of perfect competition hold, why would firms in such an industry have little incentive to carry out technological change or much research and development? What conditions would encourage research and development in competiti..
A production plant with annual rent of 100,000 SAR and a total salary of 25,000 SAR per month. The variable cost per unit is 40 SAR and it is sold for 100 SAR. What are the break-even quantity and cost? Illustrate with a break-even chart.
Last year Attic charged $3,260,000 Depreciation on the Income Statement of Andrews. If Attic sold a fully depreciated piece of equipment at a loss, the effect on Andrews's financial statements would be (all other items remaining equal): Decrease Net ..
UPD Manufacturing produces a range of health care appliances for hospital as well as for home use. The company has experienced a steady demand for its products, which are highly regarded in the health care field. Recently the company has undertaken a..
What are the same events in this same perceptive: For example, state where marijuana use is legal social movement or group that advocate for the decriminalization of medical marijuana.
A hospital orders rolls of gauze bandages using a fixed interval system. The bandages have a mean usage of 9 rolls and a standard deviation of 4 rolls.
According to Expectancy Theory, which of the following actions would NOT alter outcome valences?
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd