Which firm would you choose

Assignment Help Operation Management
Reference no: EM13922879

An appliance manufacturer wants to contract with a repair shop to handle authorized repairs in Indianapolis. The company has set an acceptable range of repair time of 50 minutes to 90 minutes. Two firms have submitted bids for the work. In test trials, one firm had a mean repair time of 74 minutes with a standard deviation of 4.0 minutes and the other firm had a mean repair time of 72 minutes with a standard deviation of 5.1 minutes. Which firm would you choose? Why?

Reference no: EM13922879

Questions Cloud

What is the lowest setting in ounces for the filling machine : What is the lowest setting in ounces for the filling machine that will provide capability in terms of the six bar box?
Fraud prevention measures : Antifraud professionals agree that perception of detection is at the top of the list of fraud prevention measures. What are some of the things you would recommend to the owners of a manufacturing firm trying to prevent fraud?
Which of the participants would you judge to be capable : Which of the participants would you judge to be capable? Explain Can the value of the Cpk exceed the value of C p for a given participant? Explain.
An effective antifraud culture : To have an effective antifraud culture, an entity should have policies and procedures that do what?
Which firm would you choose : In test trials, one firm had a mean repair time of 74 minutes with a standard deviation of 4.0 minutes and the other firm had a mean repair time of 72 minutes with a standard deviation of 5.1 minutes. Which firm would you choose? Why?
Compute the appropriate capability index for each : Each of the processes listed is noncentered with respect to the specifications for that process. Compute the appropriate capability index for each, and decide if the process iscapable.
Explain the logic of the laststatement : In this instance, you can narrow the set of choices, but you probably wouldn't make a recommendation without an additional piece of information. Explain the logic of the laststatement.
Determine which machines are capable of performing the give : Given the following list of processes, the standard deviation for each, and specifications for a job that may be processed on that machine, determine which machines are capable of performing the givenjobs.
Compute the capability index for the process is the process : Compute the capability index for the process. Is the process capable

Reviews

Write a Review

Operation Management Questions & Answers

  Essay about the factors that influence a companys choice

essay about the factors that influence a company's choice of inventory valuation method

  Assess how organizational functions like marketing finance

write a 1050- to 1400-word paper in which you select an organization with which you are familiar and present the

  Change approaches how can this be useful to an organization

Using Tichy's 3 Types of Change approaches how can this be useful to an organization? How would you summarize this approach?

  What recommendation would you provide management

Based on your analysis in part (a), what recommendation would you provide management? Formulate a 0-1 integer programming model that could be used to determine the optimal solution to the modernization question facing management.

  What role does language competencies play in addressing

What role does language competencies play in addressing the challenges in managing a global business?

  The return on assets effect quantifies and measures

Evidence of the growth and influence of supply management in an organization includes: The return on assets effect (ROA) quantifies and measures:

  Process of taking a license plate at department of motor v

Create a process chart/flow chart to map the process of taking a license plate at Department of Motor Vehicle. Here are the process details: You enter the office and take a number, then walk 50 feet to the waiting area. During the wait, you count add..

  Liability risks do employers face for workplace violence

What liability risks do employers face for workplace violence? What strategies can be employed to reduce the risk? Explain when the direct order is appropriate in inquiries. When would you use the indirect order? Defend your remarks with examples.

  Core competencies or distinctive competencies

What does a SWOT analysis of Panera Bread reveal about the overall attractiveness of its situation? Does the company have any core competencies or distinctive competencies?

  What aspect of the value chain are they measuring

What aspect of the value chain are they measuring. How do these measures tie to specific strategies in your business unit

  Team plans for completing the work breakdown structure

Discuss the process your CLC team went through to assess your team’s project proposals, prioritize them, and select the first project to be undertaken by your retail store. What challenges did you have, if any? What worked well? What are your team pl..

  Calculate the debt-to-assets ratio

Profit Margin and Debt Ratio Assume you are given the following relationships for the Haslam Corporation: Sales/total assets 2 Return on assets (ROA) 3% Return on equity (ROE) 7% 1.Calculate Haslam's profit margin. Calculate the debt-to-assets ratio.

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd