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A jet engine has ten components in series. The average reliability of each component is 0.998. What is the reliability of the engine?
(Round your answer to 3 decimal places, the tolerance is +/-0.001)
what are the functions of operation management?
Consider monthly demand for the ABC Corporation as shown in Table 7-3. Forecast the monthly demand for year 6 using moving average, simple exponential smoothing, Holt's model, and
BYOD and we are reading so much about BYOD (bring-your-own-device). Are the mobile devices you use for business owned by the company or are they your own personal devices used for
What do you understand by “line balancing”?
Why has there been (and is still) such strong opposition to the trade union movement by American business management?
Mean value - Statistical Aspects of Variability The arithmetical mean value (µ, mu) of the measurements can be readily calculated, as follows. Let the class mid- point values
1. What are an operations manager's responsibilities? Answer: They design the operation; they plan and control activities by: 1. Developing an operations strategy 2. Un
Net profit margin: 1. Transportation firm now spends 60 percent of the sales revenue it receives in the supply chain, and has a net profit margin of 6 percent. The compan
Which is most important for a companys competitive advantage: internal consistency or market competitiveness?
Consider a queuing system with 2 types of customers. Type 1 customers arrive according to a Poisson process with a mean rate of 5 per hour. Type 2 customers arrive according to a P
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