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Your company makes baby seats for cars and RVs. Your main product was designed some time ago, and new and better engineering data are available, but your product has a good record with very few quality problems. Even in most crashes, the seats perform well. Still, the new information would allow you to upgrade the product significantly (about a 7% improvement). However, changing the manufacturing process would be a significant cost, which you are unlikely to recover because competing products are already cheaper than yours. You have a legal fiduciary responsibility to your company to maximize your profit. What should you do?
How is service separated from the person who provides the service? Services frequently cannot be separated through the person who gives the service: a. Every time the servic
Differentiate between data and information.
Research and tell us about one intentional tort that occurred in sports. Be specific and in-depth with your answer. Be sure to include the who, what, when, why, and where of the in
1. The annual demand for university students style note pads is 10,000 units. The supplier operates the business 300 days per year and delivers over five working days. Calculate th
Question 1: Change is often resisted because of the uncertainty and ambiguity it creates, the concern that it might not be in the organisation's best interest. (i) Discuss
As a result of testing 20,00 electric bulbs manufactured by a company it was found that the lifetime of the bulbs was normally distributed with a mean of life of 2040 hours with st
Analyze the strategic role of operations management in terms of organizational and operational objectives.
Greg Davis, a business major at the University of South Carolina (USC), has opened Six Points Saco (SPS), a specialty subs-taco restaurant, at the rim of the USC campus. SPS has gr
what is the operation management in linear programming
Least Cost Methods ( LCM): The NW corner rule describe earlier consider only the availability and supply requirements in making assignments'. It take no according of the shipping
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