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The process has a mean of 16 ounces and a standard deviation of 1 ounce. Determine the Cpk of the process. Does this process meet specifications? Explain.
Which coordinates represent a good central location for this office? What other factors might influence the office location decision? Where would you place this office? Explain.
This stimulated exports, why would long term reliance on a lower valued peso be at least a short term solution to the competitiveness problem?
The fixed and variable costs for three potential manufacturing plant sites are shown below:Site: Fixed Cost Yrly: Variable Cost Yrly: Over what range of production is each location optimal?
Markland Manufacturing intends to increase capacity by overcoming a bottleneck operation by adding new equipment. What is the breakeven point in units for proposal A?
Can simulations sciences be used for ethical scenario testing via crowdsourced instructional technologies by remediative aggregate balancing against fiscal shelter of fiduciary advantage.
Now look at the effect of increasing the number of beds by 50 percent. How many operations could the hospital perform per day before running out of bed capacity?
The task will be completed if any one team completes it in the allotted time. Assuming that the teams work independently, what is the probability that the task will not be completed in time"
If a student scores a 450 on the SAT, what do you think his or her GPA will be? What about a student who scores 800?
Garden variety flower shop uses 750 clay pots a month. the pots are purchased at $2 each. Other than cost savings, what benefit would using the optimal order quantity yield?
How will the organization's mission affect your program? why is it important to make sure your program is orented to the organizations mission and purpose.
The wholesale price per case of juice and paste are $18 and $19, respectively. Develop an optimum production program for popeye.
what reorder point provides a 95 percent service level? How much safety stock will be carried? If the carrying charge were 25 cents instead, what would be the total annual inventory related cost? "
What is the minimum-cost order quantity for the shoes? What are the annual savings of your inventory policy over the policy currently being used?
If any of product 1 is produced, a set up cost of $10 is incurred, and if any of product 2 is produced, a setup cost of $20 is incurred. Formulate an IP to maximize profits.
A manager has been using a certain technique to forecast demand for gallons of ice cream for the past six periods. Actual and predicted amounts are shown below. Would a naive forecast have produced
That each will receive exactly 7.Additionally,each individual must receive the same quantity of wine. Express the problem as ILP constraints, and find a solution.
Given EOQ, how many orders would be made each year? What would be the annual costs. What is total annual cost of managing the inventory?
Factory would result in no additional revenue being generated because the current factories cannot produce these new products. Construct a decision tree to help Expando make the best decision.
Do you believe that the identified middle managers are told this years in advance? If so, doesn't this border the legalities surrounding nepotism and other labor laws?
How much does the trader gain or lose if the exchange rate at the end of the contract is (a) your birthday divided by 10,000; (b) your age divided by 1,000.
The machine costs UAH 12,500 to run and will last for five years only. It has a residual value of UAH 10,000. Assuming a discount rate of 12%, should the industrialist purchase the machine?
How would operations management be a critical component to a company like Dell? How would Dell use each of the three OM planning strategies to improve its operations?
If the average cost per book is $20 and the supplier offers a discount of 10% if Amazon orders a minimum of 500 books at a time, should Amazon accept the deal?