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1. An element of work has been measured 6 times, with the following results (units of 0.01 minutes): 18, 20, 19, 21, 19, 22. What should be the full-study sample size?
Answer: N = [40 √(6*2371) - (14161) / 119]2
= 7.34 or 8 measurements
What do you mean by operations strategy? Explain in brief.
Explain the impact that batch size has on flow. Explain why the EOQ formula works.
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Regarding the trash bag case (Essentials of Business Statistics, chapter 7 exercise 50), I am not sure where the 1.9991 comes from. I tired computing the standard normal distrib
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Ask quesThe Delicious Apple Company has orchards in Red City, Golden, and Macville Estimated amounts of apples to be available from the three orchards are the following: Red City
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