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1. If the design tolerance limits for the process are 9.7/11.2, determine the process capability indices Cp and Cpk. Comment on the values obtained.
2. 1000 items produced by a process considered to be stable are inspected and 75 defectives are found. Assuming an average sample size of 100 is to be used for control purposes, determine the p-chart control limits. If, later, 14 defectives are found in a sample of 85 what conclusion can be drawn?
After working for 30 years, Ramjee Somjee Dutt opted for VRS and started a courier company and did very well in the first four years. He was now looking for expansion of his busine
1. The chapter mentions the theory of transaction cost analysis (TCA). What role does TCA play in the decision to use a company sales force rather than independent manufacturers' a
Neda operates a small convenience store in a southern town that has a high tourist draw. After several years of operating the store, Neda has decided to no longer sell tobacco prod
A company is setting up an assembly line to produce 192 units per 8-hour shift. The following table identifies the work elements, times and immediate predecessors: (a) Wh
examples of internal and external failure cost
HOW DO YOU TREAT SAFETY STOCK COMPUTING MATERIAL REQUIREMENT SCHEDULE
You have a novel product idea and a working prototype for floating fishing pliers. You use an extrusion process to manufacture the pliers, and your family assembles them out of you
The percentage of value of shipments that come from materials for the average manufacturer is: a. greater than or equal to 40 and less than or equal to 49 percent. b. greater than
The impact Spurlock v. United Airlines (1972) has made to Human Resource Management.
An individual has $25,000 invested in a stock with a beta of 0.8 and another $40,000 invested in a stock with a beta of 2.0. If these are the only two investments in her portfolio,
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