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A system consists of three identical components. In order for the system to perform as intended, all of the components must perform. Each has the same probability of performance. If the system is to have a .92 probability of performing, what is the minimum probability of performing needed y each of the individual components?
List the specific weaknesses of each of these approaches to developing a forecast: a. Consumer surveys. b. Sales-force composite
What are the cost associated with customer loss?
Which of the following is a characteristic of the growth stage of the product life cycle? Advertising emphasis switches to selective demand. There is a growing proportion of
Relationship between process Planning and Other Operations Figure below shows that process planning is the basis for the design buildings layout of facilities and selection
Scheduling Meaning and Definition Scheduling is the next technique of production control. In production control scheduling means the arrangement of different operatio
define L shape lay out
According to a study, the mean price of a gallon of unleaded gasoline in the United States is 4.15. a sample of 25 Chicago area gas station shows the mean price of 4.95. the standa
What are the differences between bottom-up and top-down estimating approaches? Determine advantages and disadvantages for using each approach. Under what conditions would you prefe
A fleet repair facility has the capacity to repair 900 trucks per month. However, due to scheduled maintenance of their equipment, management feels that they can repair no more tha
Service Sector - Financial Services 1. Explosion of customer choice 2. Globalisation of financial services - extensive use of computer technology 3. Innovation on bot
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