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1. Is a level strategy a pure or a mixed strategy? And the chase strategy?
2. What is a Heuristic method?
3. What is an optimizing method? How does it differ from a Heuristic method? What implications does this have for the solution process or methodology?
Describe an area of improvement for your company or industry of choice. Find two benchmarks for your improvement area.
Do you agree or disagree with Dahl's interpretations of Madison's positions on each of these questions? Give a brief explanation of why or why not, and be sure to address each of the four questions that comprise this problem.
Studies on a bottle filling machine indicates it fill bottles to a mean of 16 ounces with a standard deviation of 0.10 ounces. What is the process specification, assuming the Cp index of 1?
Project started on time yesterday. After only one day into project you receive a call informing you that due to a fire the "Design of Cust. Parts" is delayed 5 days. What potential impact will this have on your project?
Briefly discuss what is meant by critical path analysis. What are critical path activities and why are they important?
Suppose we are ordering computer chips. Suppose that in each order, exactly 10% of all chips are defective. As soon as the order arrives, we ?nd out which chips are defective and return them for a complete refund
Describe the role of emotional intelligence (EI) in the effectiveness of a leader.
Construct an assembly chart for the picture frame. Construct a flowchart for the entire process from receiving material to final inspection.
Which of the following does not define a service?
A hamburger factory produces 40,000 hamburgers each week. The equipment used costs $5,000 and will remain productive for 4 years. The labor cost per year is $9,500.
Discuss the concept of switching costs and the role of data related to switching costs. Provide an example related to your discussion.
Using the following data set, calculate the line of best fit using the least-squares (regression/correlation analysis) method. The evaluated points for each organizational job (X) and the actual pay rate (Y) from survey data are shown below.
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