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Jim's Outfitters, Inc., makes custom fancy shirts for cowboys. The shirts could be flawed in various ways, including flaws in the weave or color of the fabric, loose buttons or decorations, wrong dimensions, and unevenstitches. Jim randomly examined 10 shirts, with the fol-lowing results: Shirt Defects 18 20 37 412 55 610 72 84 96 10 6 a. Assuming that 10 observations are adequate for these purposes, determine the three-sigma control limits for defects per shirt. b. Suppose that the next shirt has 13 flaws. What can you say about the process now?
Explain value chain analysis according to Porter. According to Porter’s value chain analysis: Value chain analysis (VCA) is a position audit element which examines the in
Calculate the future value of 2,000 in 1. 5 years at an interest rate of 6% per year 2. 10 years at an interest rate of 6% per year 3. 5 years at an interest rate of 7% pe
1. What are Meditech's problems in introducing new products? In manufacturing ALL products? 2. What is driving these problems, both systematically and organizationally? 3. Wh
What are the Chase demand strategies? Chase demand strategies: It is just the opposite of a level capacity strategy. The organisation frequently chases customer demand an
An urn contains nine white balls and 11 black balls. A ball is drawn and replaced. If the ball is white your opponent pays you 25 cents. If it is black you pay him 25 cents. You ha
How did Jim conclude that the process was not capable based on his first set of samples? 2. Does the second set of samples show anything that the first set didn’t? Explain what an
Imagine an interview with a company CIO or MIS Director/Manager, perhaps even in your own company. Construct a short list of questions that you would ask. The goal is to understand
Transformation Processes - Operation Function Here are examples of transforming processes: Information processing Organisations which handle large quantities of data
1. Can the balanced scorecard framework also incorporate benchmarking and the theory of constraints? 2. What's a constraint? 3. Consider your own goals and the resources an
1. A company hires a file clerk but does not inquire into his criminal history. In fact, he has had several convictions for driving while intoxicated. On a lunch break, he gets dru
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