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Using PERT, Adam Munson was able to determine that the expected project completion time for the construction of a pleasure yacht is 24 months, and the project variance is 9. a) What is the probability that the project will be completed in 17 months? b) What is the probability that the project will be completed in 20 months? c) What is the probability that the project will be completed in 23 months? d) What is the probability that the project will be completed in 25 months? e) What is the due date that yields a 95% chance of completion?
A production line engineer, Shane, checks every chip for quality control. His workers find errors approximately every 150 chips. Either the defective chips must be sent back for repair or they must be axed (thrown away). The manager, Rob, has mandate..
Regarding Ford and Toyota : What changes would you propose to both TPS and to FPS in order to cope with customer demands for increasing product variety and more rapid model changes?
How is Material Shipment and Supply Chain related to purchasing services and supply chain information system and electronic sourcing?
The following is a control chart for the average number of minor errors in 22 service reports. What can you conclude from these data? Explain how you reached yourconclusion.
The cost of baking a cake is $6 and demand is estimated to be normally distributed with a mean of 25 and a standard deviation of 4. What is the optimal stocking level?
Average setup time on a certain production machine is 4.0 hours. Average batch size is 48 parts, and average operation cycle time is 4.2 min. The reliability of this machine is characterized by mean time between failures of 37 hours and a mean time t..
Marketing planning must be aligned with the organizational strategic plan and is based on a situational analysis. The marketing planning must also be implemented and controlled
From the video the fruit guys, determine the Fruit Guys business strategy. Identify three other businesses that could use the five questions the Fruit Guys used to determine effectiveness.
How should an HR department evolve to match a company's expansion overseas? Which leadership roles are most important in this scenario?
What methods of communications does Kroger and Johnson&Johnson employ? What elements of the communication mix are used to target which consumer segments of Kroger and Johnson&Johnson? Does either Kroger or Johnson&Johnson address accountability and t..
Describe any information that may help Alliance reduce costs while providing better service. Propose a new approach that could be used by Alliance by using the purchase information that can be obtained on individual customers
The management and Directors of Google have stated that there is no plan for Google to ever pay dividends. Yet, the stock trades at a very high price in dollar terms and at a P/E of around 20.
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