Six-sigma theory-defect and passed inspection
A manager states that his process is really working well. Out of 1,550 parts, 1,473 were produced free of a particular defect and passed inspection. Based upon Six-Sigma theory, how would you rate this performance, other things being equal?
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Suppose that a country requires special inspections on an imported food but it exempts domestic production from similar inspection. What effect would this have on imports, domestic production, prices, and quantity consumed?
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Using single exponential smoothing withα = 0.2 and a June forecast = 13, find the July forecast. Make whatever assumptions you wish.
social security tax rate, 6.0% on maximum of $100,000; and Medicare tax rate, 1.5% on all earnings. What is the gross pay for the employee?
Setup a wholly owned subsidiary in Europe. Evaluate the pros and cons of each alternative and suggest acourse of action to your CEO
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