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Assuming is full with paying passengers; determine the combination of seats that yield the most revenue. Perform Sensitivity analysis and interpret the results
What is the inventory turnover rate and days of supply if there are equal quarterly deliveries? What is the inventory turnover rate and days of supply, if there are equal bimonthly deliveries?
Profit per passenger is $99. If a passengers arrives but cannot board due to overbooking, the company policy is to provide compensation of $200 in cash. How many tickets should be overbooked to maximi
Give at least two examples of continuous data measurements that are relevant to a business process that you are familiar with.
Discuss each of the elements of a project plan (Integration, Scope, Time, Cost, Quality, Human Resources, Communication, Risk and Procurement).
For each of these situations, would you expect the process to exhibit special cause variation or common cause variation? Briefly explain your logic for each decision.
A system is to be composed of 5 identical components in series. What is the lowest reliability component that can be used in order to have an overall system reliability of 0.90?
Analyze the different types of strategies to determine which type of strategy is the most difficult for most organizations to implement. Provide specific examples to support your response.
The company operates 250 days per year. The machine used to manufacture this part has a production rate of 2000 units per day. Calculate the optimum lot size.
The current owners feel that a master schedule needs to be developed to help meet the labor cost budget and ensure maximum productivity from the staff. They have asked you to create a master schedul
Below are twelve instructions. Which are best described as planning, and which are best described as forecasting? Give a complete definition of the work.
Fly Cheap Airlines had to declare bankruptcy. A new CEO has been hired who has a reputation for her strategic leadership ability, and she quickly develos a strategic plan to reorganize the airline.
Assess the impact of situational leadership methods on organizational performance in the sales office described above when your organization needs sales professionals who can perfomr well when given
Discuss the difference between "Management" and "Leadership" in relation to how each would lead to different organizational behavior in the sales office described in the prior question.
Explain the importance of identifying and differentiating order qualifiers and order winners.
What is the optimum production run quantity? What is the maximum inventory level?
Conduct research on organizations that rate companies on a specific facet of social responsibility. How do they assess the companies they rate? How do the vision and mission statements of the rating
What level of safety stock is appropriate if lead time demand is normally distributed with a mean of 80 cases and a standard deviation of 5 cases?
Compare and contrast the two moral philosophies, teleology and deontology. Explain how each philosophy type would use their beliefs/philosophy to evaluate the morality of a particular activity.
Thinking about any activity that you engage in that involves risk, develop a risk management plan for that activity.
What are the implications of a shortage (stock-out) of a surgical kit or part package discovered several hours before the operation? What if a part package has a missing part that is not discovered
Design specifications require that a key dimension on a product measure 100 ± 10 units. A process being considered for producing this product has a standard deviation of four units. Assume th
Compare and contrast the two basic procurement strategies of corporate procurement and project procurement.
In an effort to become more efficient and build better supplier relations, your manager, Jane Furman, has examined the company's current practice of using eight different suppliers for eight differe
What are the components of procedural rationality and explain the general findings from research and best practices