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1) If an operation uses a pull system and lean manufacturing techniques do they need to use forecasts? How about production schedules and shop floor control systems? Explain why/why not.
2) What does it mean to exploit a system constraint? Why should you subordinate everything else to that decision?
3) Explain how the theory of constraints could be employed to improve the results of a team using six sigma process improvement techniques.
Suppose that the specifications for a part (in inches) are 6.00 ± 0.15, and that the taguchi loss function is estimated to be l(x) = 6,500(x-t)(squared). Determine the estimated lo
Is there a difference between ethics and business ethics?
An insulated shipping container supplier is considering expanding its product line. Three materials with different insulation properties are under consideration. The following info
A large supplier of electronic components has decided to control the inventory of a certain item by a periodic review, order up to R policy. The mean demand rate for this item is 5
Write an essay of between 750-1000 words, double-spaced, on the topic of information systems being leveraged to create competitive advantage for the business. Use well-known indust
1. What is a serial entrepreneur? Is this a new phenomenon? 2. What does it take to be a successful serial entrepreneur? 3. Steve Chen, former PayPal engineer who co-founded
A recently negotiated union contract allows workers in a shipping department 24 minutes for rest, 10 minutes for personal time, and 14 minutes for delays for each 4 hours worked. A
Trying to create a public relations campaign for a financial insitutiion that recently received negative exposure in the media for lack of responsiveness to consumers wishing to mo
Plans are being made to produce a product that requires 40 minutes on Resource X and 30 minutes on resource Y. Assume that there is only one of each of these resources, and that ma
tools of time study
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