Multiple Choice O 0.18 0.44 0.57 0.65 0.82
Q: Draw a fishbone for postal service
A: Fishbone diagram: Fishbone diagrams are generally used in the manufacturing or…
Q: Consider the following decision table, which Joe Blackburn has developed for Vanderbilt…
A: The average outcome is determined when the future contains possibilities that may or may not…
Q: Is there a chance that reaching the end of a single stage might halt the operation as a whole?…
A: Operation management is performed in each manufacturing organization. It all deals with the…
Q: A4. In functional design, we are concerned with the parameters or measures that determine the…
A: Ans) a) Three parameters that determine functional parameters of products are: 1) Reliability 2)…
Q: Green Vehicle Inc., manufactures electric cars and small delivery trucks. It has just opened a new…
A: Objective Function: Suppose-C1 be the no. of cars to be produced per dayT1 be the no. of trucks to…
Q: How impactful were product discounts on customer questions?
A: Given data: The % Customer questions in month 1 is +8% and month 2 is +10% and month 3 is +12%…
Q: Being the department manager of the Supply chain of a courier company, how can the issues of supply…
A: While a supply chain consists of lots of processes and tasks, delivery is one of the straightforward…
Q: Morgan is a training consultant for five mid-sized manufacturing firms. On average, each of their…
A: Given, Number of firms = 5 Arrival = 5 clients every 20 days Service time = 5 days with each client…
Q: Explain 'Decision Management' and 'Decision Control' and the 4 elements that make up the…
A: Decision Management refers to coming up with a strategy to make the business more advanced and swift…
Q: Terminator, Inc., manufactures a motorcycle part in lots of 250 units. The raw materials cost for…
A: Given that: Lot size = 250 unitsRaw material cost = 150Value added in manufacturing = 300Total cost…
Q: Waymouth Manufacturing operates a contract manufacturing plant located in Dublin, Ireland. The plant…
A: Formulae used: To calculate MCE: Manufacturing Cycle Efficiency = Value-Added Production Time or…
Q: Describe the various functions of purchase orders. Describes the steps to register a purchase order…
A: The buyer/customer creates a purchase order (PO) to specify the items they wish to purchase from the…
Q: Subject: Procurement & sourcing Q): What are the process of procurement & where it will be…
A: Procurement is similar to purchasing goods and services but the difference is in procurement the…
Q: (This is not related to the previous question). The average arrival rate is 4/hour (Poisson) and the…
A: Given, Arrival rate λ = 4 / hour Service rate μ = 6 / hour (a) Average number in line Lq = λμ-λ Lq =…
Q: Problem 1: RRR Distributors Corporation has four sales territories, each of which must be assigned a…
A: Let x11 be Assignment of Emmalou to A, x12 be Assignment of Emmalou to B and so on. The objective is…
Q: What are some of the key elements that make up a service culture?
A: Service is a deed performed by a professional expert to help the user in need. Service unlike…
Q: (4) Reduce the schedule until you reach the crash point (not possible to crash further) of the…
A:
Q: Suppose you have a choice of three projects to choose from. Here the expected profits from these…
A: a)
Q: Supply chain management has enabled some companies to operate more efficiently and compete more…
A: ANSWER : Supply chain management is a general course of creating the products, and distributing the…
Q: Zeba Cafe is the most famous coffeeshop in town and located in the town center where most other…
A: Method A. Convenient Sampling Pros: Convenient and Easy to prepare and execute. Cons: The sample…
Q: a) the 10th transplant 10.40 hours (round your response to two decimal places). b) The cost of 10th…
A: Given: Learning curve rate = 75% Time for first transplant = 27 hrs Cost per hour of surgery = $5000…
Q: There are five activities on a project's critical path and they have standard deviations of 1, 1, 3,…
A: Ans) Standard Deviations are 1,1,3,5,5 So, SD(1) = 1 SD (2) = 1 SD(3) = 3 SD (4) = 5 SD (5) = 5
Q: A bike repair plant is trying to determine how long the average line for a repair process will be.…
A: Given, Arrival rate a = 13 / hour Waiting time in line Wq = 5 minutes Length of line Lq = ?
Q: The Vice President of the Republic of Zambia launched a pilot project to clear canals on the Barotse…
A: Transportation takes place through various means such as roads, rails, seas and airways. Canals is…
Q: Appraise Malaysia assessment on the commercialisation prospect of oil and Gas expansion .
A: Malaysia is a country that is blessed with abundant of natural resources. It was mid 1970s, when oil…
Q: Given the following history, use a three-quarter moving average to forecast the demand for the third…
A: Using past data as inputs, forecasting is a process that produces accurate predictions of the future…
Q: Under federal anti-trust law, it is illegal for a group of consumers to attempt to boycott a certain…
A: Explanation : Any company may, all alone, refuse to work with another firm, yet an arrangement among…
Q: A during trip inspections should include checking for:
A: 1. Odometer ReadingsOn practically any pre-trip review structure, on an application etc., the…
Q: The CEO of Carol O'Lights Manufacturing, produces custom-built relay devices for auto makers. The…
A: Ans) Prepare the Arrow on node diagram. Use predecessor to build AON Diagram. Formula for…
Q: Make a list of two ways to reduce rework expenses. What role, in your opinion, does gradual delivery…
A: Optimal planning Without a proper and structured plan, it is sure that rework will happen sooner or…
Q: Find a Doctor is a small startup that helps people find a physician who best meets their needs…
A: Queueing theory is a part of operations management. It is studied and executed to determine the…
Q: Suppose you work in a textiles factory. You know that it's normal for machines to print an average…
A: Business operations require some tools and techniques to have an insight into their chances of…
Q: Pls solve this question correctly in 5 min i will give u like for sure Question # 1 Teresa Cohan is…
A: Given- Annual demand (D)= 5,000 unitsOrdering cost (S) = $30 per orderUnit Cost = $200Holding cost…
Q: Items that the convention bureau could do to help attract MICE events to their destination
A: Convention and visitor's bureau (CVB) - The nonprofit organization that offers information,…
Q: Should Laura wait until she sees howDrew performs working independently before she does anything?
A: We can comprehend the draw's lack of enthusiasm for this project in this situation. He was working…
Q: For the the Clayton County Rescue Squad and Ambulance Service (Facility Location Nonlinear Model)…
A: Given data is
Q: A business analyst wants to validate a standard time for an existing process of a work operation. A…
A: Standard deviation (s) = 30 seconds Average time (x¯)=300 seconds Confidence level =90% z score for…
Q: A defense contractor in Dallas has six jobs awaiting processing. Processing time and due dates are…
A: Given-
Q: what is the difference between a baseline Gantt chart and a tracking Gantt chart? 200 words, please
A: These are 3 separate questions, so only first one can be answered. Baseline Gantt chart: Gantt…
Q: If not, should she talk with Drew about the situation? If so, should she talk with Drew before…
A: The fundamental elements in this situation is an effective team collaborating to achieve goals. If a…
Q: Pauline Found Manufacturing, Inc., is moving to kanbans to support its telephone switching-board…
A: Given, Setup cost S = $30 Annual holding cost H = $125 Daily production p = 20 subassemblies Annual…
Q: deductive and inductive research approaches
A: Research Approach: It alludes to the methods economists use to gather data, make certain…
Q: How does operation management affects the profitability of a business ?
A: Operation management is performed in each manufacturing organization. It all deals with the…
Q: ue to a product using either Porter’s or Hines’ model.
A: Michael Porter created the value chain, commonly referred to as Porter's Value Chain Analysis, as a…
Q: Assuming that a company does not presently possess the expertise necessary to make a project…
A: The delivery of something of value to people requires the application of specific knowledge, skills,…
Q: Conduct a value chain analysis for Mc Donald's. Identify its primary and secondary activities.…
A: McDonald's primary activities: Inbound logistics: This is the process of transports and distributes…
Q: 1. Explain 4 different configuration of supply chain with the type of product each configuration…
A: Note: As per guidelines, only 1 question can be answered at a time. The first one has been answered.…
Q: ollowing elements, EXCEPT for which one? Group of answer choices A Final approval of the end…
A: Project closing At this point, the project management process is complete. Following the final…
Q: What types of information are needed by an inventory manager when making decisions within his or her…
A: A manager of inventory is in charge of overseeing product stock levels. They prepare the sizes of…
Q: What precisely is meant by the terms "data warehousing" and "data mining"? How are these instruments…
A: Definitions: Data warehousing: - Warehouse generally means a location to store goods and materials.…
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- Dilberts Department Store is trying to determine how many Hanson T-shirts to order. Currently the shirts are sold for 21, but at later dates the shirts will be offered at a 10% discount, then a 20% discount, then a 40% discount, then a 50% discount, and finally a 60% discount. Demand at the full price of 21 is believed to be normally distributed with mean 1800 and standard deviation 360. Demand at various discounts is assumed to be a multiple of full-price demand. These multiples, for discounts of 10%, 20%, 40%, 50%, and 60% are, respectively, 0.4, 0.7, 1.1, 2, and 50. For example, if full-price demand is 2500, then at a 10% discount customers would be willing to buy 1000 T-shirts. The unit cost of purchasing T-shirts depends on the number of T-shirts ordered, as shown in the file P10_36.xlsx. Use simulation to determine how many T-shirts the company should order. Model the problem so that the company first orders some quantity of T-shirts, then discounts deeper and deeper, as necessary, to sell all of the shirts.A) Why is the conditional variance a good measure of uncertainty? B) Outline the GARCH model and GARCH-M model. C) Outline one of the extensions to the basic GARCH family of modelswhy we developed and history of half logistic distribution in probability? i need regarding help according to probability point of view
- 5. Use @RISK to draw a triangular distribution withparameters 300, 500, and 900. Then answer the following questions.a. What are the mean and standard deviation of thisdistribution?b. What are the 5th and 95th percentiles of this distribution?c. What is the probability that a random number fromthis distribution is less than 450?d. What is the probability that a random number fromthis distribution is greater than 650?e. What is the probability that a random number fromthis distribution is between 500 and 700?Senior executives at an oil company are trying to decide whether to drill for oil in a particular field. It costs the company $750,000 to drill. The company estimates that if oil is found the estimated value will be $3,650,000. At present, the company believes that there is a 48% chance that the field actually contains oil. Before drilling, the company can hire an expert at a cost of $75,000 to perform tests to make a prediction of whether oil is present. Based on a similar test, the probability that the test will predict oil on the field is 0.55. The probability of actually finding oil when oil was predicted is 0.85. The probability of actually finding oil when no oil was predicted is 0.2. What is the EMV if the company hires the expert?Fill in the P(X=x) values to give a legitimate probability distribution for the discrete random variable X, whose possible values are -3, 0, 4, 5, and 6. Value x of X P (X = x) -3 0 0.23 5 0.17 6 0.30
- Use the below formula to calculate the CLV for the following: A manager of a cable company wants to determine if it is strategic to acquire the Brett family, by estimating their household-level CLV. The manager estimates that it will cost the company $80 (A) to get the Bretts’ to switch, and the Bretts’ will generate $150 profit each year (M), with a $30 annual marketing cost to retain them (C). The estimated retention rate (r) is 65%, and the current discount rate is 5%.(d) i) CLV= ii) Based on your calculation, are the Brett’s profitable to the cable company?A national survey indicated that 30% of adults conduct their banking online. It also found that 40% are under the age of 50, and that 25% are under the age of 50 and conduct their banking online. A. What percentage of adults do not conduct their banking online? B. What type of probability is the 25% mentioned above? Just write down the name of the probability. C. Construct a joint probability table showing all joint and marginal probabilities.A recent 10-year study conducted by a research team at the Great Falls Medical School was conducted to assess how age, systolic blood pressure, and smoking relate to the risk of strokes. Assume that the following data are from a portion of this study. Risk is interpreted as the probability (times 100) that the patient will have a stroke over the next 10-year period. For the smoking variable, define a dummy variable with 1 indicating a smoker and 0 indicating a nonsmoker. The data is provided below: Risk of Strokes Age Systolic Blood Pressure Smoker 10 59 156 0 25 65 163 0 12 60 158 0 57 86 177 1 28 59 196 0 50 76 189 1 17 57 159 1 34 78 120 1 37 80 135 1 15 78 98 0 22 71 152 1 39 70 173 1 17 67 135 0 48 77 209 1 18 60 199 0 36 82 119 1 10 66 166 0 34 80 125 1 4 62 117 0 38 59…
- Use @RISK to draw a triangular distribution with parameters 300, 500, and 900. Then answer the following questions.a. What are the mean and standard deviation of this distribution?b. What are the 5th and 95th percentiles of this distribution?c. What is the probability that a random number from this distribution is less than 450?d. What is the probability that a random number from this distribution is greater than 650?e. What is the probability that a random number from this distribution is between 500 and 700?General Motors would like an estimate of the chance that Tesla will bring the cost of batteries down from $300 per kWh to $70. Dr. Tetlock has developed a process whereby selected teams are better estimators of future probabilities than experts, General Motors is willing to pay Dr. Tetlock for his teams' O scenarios O contingency plans O forecastsJohnson Electronics Corporation makes electric tubes. It is known that the standard deviation of the lives of these tubes is 145 hours. The company's research department takes a sample of 90 such tubes and finds that the mean life of these tubes is 2300 hours. What is the probability that this sample mean is within 22 hours of the mean life of all tubes produced by this company? Round your answer to four decimal places. P =