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Statistics for Managers course
Variation exists in virtually all parts of our lives. We often see variation in results in what we spend (utility costs each month, food costs, business supplies, etc.). Consider the measures and data you use (in either your personal or job activities). When are differences (between one time period and another, between different production lines, etc.) between average or actual results important? How can you or your department decide whether or not the observed differences over time are important? How could using a mean difference test help?
Determine the number of grape and the number of apple pies that will maximize revenues if the couple working together can make an apple pie in six minutes and a grape pie in three minutes. They plan to work no more than 60 hours.
Prepare a brief analysis of the vacation cruise industry using Porters Five Force Analysis. Briefly discuss the nature and strength of each of the five competitive forces. Identify the factors that are driving change in the industry.
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..
Bob has always performed well and has an excellent track record with the company. He and Arnold do not have any type of employment contract - they've just worked together for the last 30 years.
How do Loews' training programs relate to the company's business strategy? If you were the database administrator for the iTunes store, how might you use predictive analysis to determine which artists and movies will sell most next year?
Negotiations in a BPO agreement are largely determined by which factor? What is the difference between the Cost-Plus-Percentage-Fee (CPF) contract structure and the Cost-Plus-Fixed-Fee (CPFF) contract structure?
The Budd Gear Co. specializes in heat-treating gears for automobile companies. At 8:00 a.m., when Budd's shop opened today, five orders (listed in order of arrival) were waiting to be processed.
please see attached file which related to linear programming and answer part a b in full details with posting pom-qm
Mary Williams, owner of Williams Products, is evaluating whether to introduce a new product line. After thinking through the production process and the costs of raw materials and new equipment.
Consider a balanced line consisting of five single-machine stations with exponential process times. Suppose the utilization is 75 percent and the line runs under the CONWlP protocol
After an all-night study session the day before their last final exam, four first-year MBA students decide to stop for some much-needed coffee at the campus Starbucks.
How many tires should Rocky Mountains tire order each time it time it places an order?
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