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Finally, the CEO reminds you that this presentation is meant to be how-to guide for the total decision-making process which you will be using in your future assignments.
The shop operates 20 days a month. Assume that demand is uniform throughout the month. Setup cost is $60 for a production run, and holding cost is $2 per box per month. Determine the following: A)
What order quantity will enable the refinery to achieve the lowest total cost for the year in purchasing the 3" ball valves?
Explain how you would go about establishing an appropriate team, how you would implement the DMAIC cycle, and what leadership style would be the most suitable to insure success of the team and expla
Senior leaders should understand how to motivate the employees in a variety of ways. Research the major motivational theories, and pick three theories to describe .
What value does an external quality management organization bring to the company which employs their methodology?
The statement has been made that "A quality system is not just a series of boxes and arrows.
Write down some of the major costs in altering an existing supplier relationship or establishing a new one? What significant costs may be incurred by a manufacturing business upon modifying the supp
Write down some KPIs which can influnce alliances with certain vendors? Which KPIs are most important? Explain why?
Trust has been identified as a much significant attribute for leaders who are initiating quality improvement efforts. Explain why do you believe trust is such a significant attribute?
Explain how does one evaluate the features of a quality tangible product? How significant would reliability and dependability factor into your evaluation?
Write down the distinguishing elements of the customer-driven quality requirement?
Write down the distinguishing elements of the process-driven quality requirement?
Write down some approaches taken by leadership in planning, developing, and implementing the quality process?
Write down some implications or consequences of not properly controlling the quality of raw materials and components in the supply chain? Give illustrations to support your answer.
In the manufacturing industry, who are the different stakeholders in implementing a quality process?
Expalin, in brief, the histories of both of Amazon.com and Yahoo.com, and find out the core business of each.
Two of the most common charts employed in project management are the Gantt and program evaluation review technique (PERT) charts.
Examine the factors contributing to poor communication in the workplace to find out the single greatest communication barrier at your current (or previous) place of work, and also how you would addr
Explain how you would apply either behavioral theories of learning or cognitive theories of learning to resolve a specific work-related performance problem. Describe your rationale.
Brooks (2013) mentions how significant it is for some professionals to understand such things as the financial and investment analysis.
Demand for an item is constant at 1,000 units a year. Unit cost is £50, reorder cost is £100, holding cost is 25 per cent of value a year and no shortages are allowed. Explain an optimal
Write down the effect of adding some margin of safety and raising the reorder level by ten units? What happens if the lead time
Explain an optimal inventory policy for the item. What order size will give a variable cost in 10 per cent of optimal?
explain two (2) ways that the organization's design imnfl;uences relationships with the external companies.