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Minnie Lee is an engineer with a multi-national aerospace company that produces fuel-line components for all types of air and space craft. Minnie discovered a potential defect in a particular fuel-line component. Minnie is the lead-engineer for this particular division and scheduled tests that would indicate the failure potential for the component. The tests indicated a very low risk that at certain very low, or very high temperatures, the component might fail, which in turn might lead to a catastrophic failure of the entire system. What are the risks associated with this situation? That is, describe the various risks and the affected stakeholders. What ethical responsibilities do Minnie and the Company have? For example, should the decision to repair the system be considered in terms of the potential liability risks of failure versus the costs of the repairs?
Transforming Inputs into Outputs - Productivity Measures As will become clearer during the course of this chapter, a more quantitative definition of productivity cannot easily
Name three qualities you believe are important in a leader. Elaborate on each of those qualities. Do you think a leader today has to be more aware of their ethical behaviours than
what is facility location?
The use of strikes has increased in the last decade such that the FMCS reports now show a 10% utilization rate
Frequently, at the time the project charter is prepared there is only a very general understanding of the project, so if a budget is prepared it can only be a crude estimate.
Which of the following is true? MPC can run independent of the operation plan. Business failure can result from poor MPC performance. In PAC, order release directly affect
Control Charts for Variables Two complementary charts are commonly used for the statistical control of process variables. One controls the process mean by monitoring the mean
The Assignment is at the same time very simple to state and very difficult to execute. It is designed to allow you to use all the tools of strategy and analysis that you have learn
Why is forecasting important for an organization? Which company do you believe to be successful at forecasting and why?
a. Do you think lean relates to an organization being agile? b. Would implementing lean into an organization lead to a competitive advantage? if yes, explain, how and what types
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