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Suppose that your business is operating at the 3.8-sigma quality level.
a. What are the percentage inside specifications and the ppm Defective for this process? Assume a mean shift of 1σ.
b. If projects have an average improvement rate of 40% annually, how many years will it take to achieve Six Sigma quality?
Discuss the impact of involving your employees in decision-making. What are the pros and cons? Should employees be involved in critical organizational decisions? Why or why not? Provide examples, if they apply, of your involvement in organizational d..
The previous manager used a transactional leadership approach, which has been relatively ineffective. Evaluate one leadership style and describe which you would take.
Advances in technology are changing how we produce and consumer products and services. How have these advances impacted your employer or your personal life? What would globalization be like without these technological advances?
Woodland Furniture is a small manufacturer of kitchen chairs with 5 workers. The cost of labor is $15 per hour and workers work 40 hours in a week. The overhead cost is assumed to be 1.2 times the weekly total labor cost. Calculate the multifactor p..
The mission of the University of Illinois is as follows: The University of Illinois will transform lives and serve society by educating, creating knowledge and putting knowledge to work on a large scale and with excellence. How helpful to employees i..
Prepare a project proposal on how to adjust the project schedule. The proposal should include only descriptions of the ways in which you propose to modify the project schedule. Your final project (due in Week 8) will include the following: A forma..
After doing some research on Porter’s Diamond of National Advantage, apply the diamond to an organization and an international market where the organization currently does business. Apply all four factors of the diamond to the organization and market..
What is formal communication in organizations? Describe the various types and provide an example of how each might be used in the workplace.
illustrate what capacity requirement should be planned. Assume which the management deems which a capacity cushion of 25 percent is appropriate.
"The more authority that is delegated to non-managers, the less authority managers have." Is this necessarily a true statement? Explain.
In your own words describe what asset-liability management is and who is responsible for the five aspects of Asset-Liability Management: liquidity, interest rates, currency, funding of capital projects, and planning for profit and growth for the F..
Explain the reason for positioning and repositioning products. Choose a product with which you are familiar, preferably one in your industry, and explain how it might be repositioned. Indicate its current position in the market, a desired position, a..
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