OPERATIONS MANAGEMENT (LL) W/CONNECT
14th Edition
ISBN: 9781265502942
Author: Stevenson
Publisher: MCG CUSTOM
expand_more
expand_more
format_list_bulleted
Concept explainers
Question
Chapter 10, Problem 2.1CQ
Summary Introduction
To determine: The rationale behind JM concluding that first set of sample was not capable.
Introduction
Company TT is a division of company DM. It was about to launch a new product. Ms. MY, the
Table 1
| Sample | Mean | Range |
| 1 | 45.01 | 0.85 |
| 2 | 44.99 | 0.89 |
| 3 | 45.02 | 0.86 |
| 4 | 45 | 0.91 |
| 5 | 45.04 | 0.87 |
| 6 | 44.98 | 0.9 |
| 7 | 44.91 | 0.86 |
| 8 | 45.04 | 0.89 |
| 9 | 45 | 0.85 |
| 10 | 44.97 | 0.91 |
| 11 | 45.11 | 0.84 |
| 12 | 44.96 | 0.87 |
| 13 | 45 | 0.86 |
| 14 | 44.92 | 0.89 |
| 15 | 45.06 | 0.87 |
| 16 | 44.94 | 0.86 |
| 17 | 45 | 0.85 |
| 18 | 45.03 | 0.88 |
Quiet disappointed with the end results, the manager was figuring out ways to improve the process and free the capital expenditure of $10,000. A former professor suggested going for more samples with less sample sizes. JM conducted the analysis on27 samples of 5 observations each and the results are tabulated below:
Table 2
| Sample | Mean | Range |
| 1 | 44.96 | 0.42 |
| 2 | 44.98 | 0.39 |
| 3 | 44.96 | 0.41 |
| 4 | 44.97 | 0.37 |
| 5 | 45.02 | 0.39 |
| 6 | 45.03 | 0.4 |
| 7 | 45.04 | 0.39 |
| 8 | 45.02 | 0.42 |
| 9 | 45.08 | 0.38 |
| 10 | 45.12 | 0.4 |
| 11 | 45.07 | 0.41 |
| 12 | 45.02 | 0.38 |
| 13 | 45.01 | 0.41 |
| 14 | 44.98 | 0.4 |
| 15 | 45 | 0.39 |
| 16 | 44.95 | 0.41 |
| 17 | 44.94 | 0.43 |
| 18 | 44.94 | 0.4 |
| 19 | 44.87 | 0.38 |
| 20 | 44.95 | 0.41 |
| 21 | 44.93 | 0.39 |
| 22 | 44.96 | 0.41 |
| 23 | 44.99 | 0.4 |
| 24 | 45 | 0.44 |
| 25 | 45.03 | 0.42 |
| 26 | 45.04 | 0.38 |
| 27 | 45.03 | 0.4 |
Expert Solution & Answer
Trending nowThis is a popular solution!
Students have asked these similar questions
6:35
nvas.liberty.edu <
72%
i
You must post before
seeing replies. Edit
history will be available
to instructors.
☑
Due Feb 13
33 Replies (33)
50 points
Discussion Thread: How to
Look at the Bible
After reading the assigned chapters
in Everyday Bible Study (Chapters 1-5),
create a learning log that lists 10 quotes
from the assigned reading that highlight
either a concept that resonated with you
or a concept that represents new
learning for you. Following each of these
quotes, you must provide a 3-5 sentence
explanation of how the selected quote
represents either what resonated with
you or this new learning. For an example
of this type of thread, please see the
provided example.
Pleas ◄ Previous
cussion
Assignment instructions ✓ and the
|||
Next ▸
Do a report to promote an innovative product/service within an organization of your choice. In your assignment, you need to focus on the below: 1. Give a brief introduction of the innovative product/service you are thinking about within an organization of your choice. 2. Analyze how you are going to promote your idea internally to your colleagues (e.g. meetings, presenting and disseminating the information). 3. Explain how you are going to convince them that this product/service is applicable and that it will create a competitive advantage in the market. 4. Refer to a similar product/service that your competitors have and analyze how the competitors’ product can be considered as a threat to your new product/service. 5. Estimate how much will the whole procedure cost to the business. 6. In your conclusions, describe how the new product/service will influence the whole organization’s environment. 3000 words and include and introducion, conclusion and references.
For my learning and not a assignment question:
Tesla, the U.S. electric vehicle manufacturer, has recently proposed to join Indonesia’s initiative to develop an EV battery supply chain within the country. This information was shared by a senior Indonesian government official, who noted that the government received Tesla's proposal on Thursday.
Indonesia, known for its rich nickel reserves, is already in discussions with companies like China's Contemporary Amperex Technology (CATL) and South Korea's LG Chem to establish a comprehensive EV battery supply chain that covers everything from raw materials to the final product.
Sepian Hari Seto, the deputy for investment and mining at the Coordinating Ministry of Maritime Affairs and Investment, expressed enthusiasm for Tesla's advanced lithium battery technology. He conveyed that the collaboration with Tesla, along with CATL and LG, presents a valuable opportunity for technology transfer and learning.
Furthermore, Seto mentioned the…
Chapter 10 Solutions
OPERATIONS MANAGEMENT (LL) W/CONNECT
Ch. 10.2 - Prob. 1.1RQCh. 10.2 - Prob. 1.2RQCh. 10.4 - Prob. 1.1RQCh. 10.4 - Prob. 1.2RQCh. 10 - Prob. 1DRQCh. 10 - Prob. 2DRQCh. 10 - Prob. 3DRQCh. 10 - Prob. 4DRQCh. 10 - Prob. 5DRQCh. 10 - Prob. 6DRQ
Ch. 10 - Prob. 7DRQCh. 10 - Prob. 8DRQCh. 10 - Prob. 9DRQCh. 10 - Prob. 10DRQCh. 10 - Prob. 11DRQCh. 10 - Prob. 12DRQCh. 10 - Prob. 13DRQCh. 10 - Prob. 14DRQCh. 10 - Prob. 15DRQCh. 10 - Prob. 16DRQCh. 10 - Prob. 1TSCh. 10 - Prob. 2TSCh. 10 - Prob. 3TSCh. 10 - Prob. 1CTECh. 10 - Prob. 2CTECh. 10 - Prob. 3CTECh. 10 - Prob. 4CTECh. 10 - Prob. 1PCh. 10 - Prob. 2PCh. 10 - Prob. 3PCh. 10 - Prob. 4PCh. 10 - Prob. 5PCh. 10 - Prob. 6PCh. 10 - Prob. 7PCh. 10 - Prob. 8PCh. 10 - Prob. 9PCh. 10 - Prob. 10PCh. 10 - Prob. 11PCh. 10 - Prob. 12PCh. 10 - Prob. 13PCh. 10 - Prob. 14PCh. 10 - Prob. 15PCh. 10 - Prob. 16PCh. 10 - Prob. 17PCh. 10 - A production process consists of a three-step...Ch. 10 - Prob. 19PCh. 10 - Prob. 20PCh. 10 - Prob. 21PCh. 10 - Prob. 22PCh. 10 - Prob. 23PCh. 10 - Prob. 24PCh. 10 - Prob. 25PCh. 10 - Prob. 26PCh. 10 - Prob. 27PCh. 10 - Prob. 28PCh. 10 - Prob. 29PCh. 10 - Prob. 1.1CQCh. 10 - Prob. 2.1CQCh. 10 - Prob. 2.2CQCh. 10 - Prob. 2.3CQCh. 10 - Prob. 2.4CQ
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.Similar questions
- Your company is considering investing in a Human Resource Information System (HRIS).Briefly explain the strategies for justifying HRIS investments.arrow_forwardPresent the criteria you would utilize to determine if a right should be extended to an employee or if it would unnecessarily impact a manager’s ability to manage. Additionally, assess how you would balance the need for management rights against the need for employee rights, and how greater employee rights positively and negatively affect the future of the organization.arrow_forwardprovide schoarly research and references as to how internal and exteral audit is a risk management strategy to mitigate risk in a financial institutionarrow_forward
- Learning Activity 4: Strategic Sales Management How has the advent and rapid evolution of digital technology transformed traditional sales management strategies, and what do you think are the most significant challenges and opportunities this transformation brings? In addition, please select and describe an example of company that has embraced change and implemented a unique and effective sales strategy.arrow_forward1) View the two video excerpts (Ctrl+Click on the two links), Preview 1 to the Goal Movie (Goldratt) (11.17 minutes), https://www.youtube.com/watch?v=2RVMgV37O_k and Preview 2 to the Goal Movie – How to Version (Goldratt) (9.40 minutes) https://www.youtube.com/watch?v=t_oM9LvK0rU and answer the following questions: a) What problems is UniCo facing and how are they tackling these problems currently? b) What advice did Jonah give to Rogo, and what lessons did Rogo learn from “Herbie’s Hike”? c) How do you think Rogo can leverage Jonah’s advice (as well as the lessons learnt from “Herbie’s Hike”) to solve UniCo’s problems? 2) A business program has the facilities and faculty to handle an enrollment of 2,000 new students per semester. However, in an effort to limit class sizes to a “reasonable” level the business dean, placed a ceiling on enrollment of 1,500 new students. Although there was ample demand for business courses last semester, conflicting schedules allowed only 1,450 new…arrow_forwardThe global marketplace has undergone a dramatic transformation, demanding that businesses adapt their supply chain management and implement new strategies to ensure the reliable sourcing of materials and goods. Please choose an organisation that you are currently working for or you are familiar with where its procurement operations has been greatly affected. You may pick a commercial or public institution as a choice for your study. You will need to briefly describe the institution and explain its category management structure which support the strategic procurement. You are required to provide an overview and discuss how spend are identified along with the types of categories purchased Briefly describe the organisation that you have chosen. Analyse the criticality of both the category management and strategic sourcing that will impact the business needs of the institution that you have chosen. Laing oxemples from the institution you have selected appraise and recommend COarrow_forward
- The Ideal Spot in the Segment Circles So, where should you try to position your product in the segment circles? As a basic rule, the 'Ideal Spot' will help guide you. The ideal spot represents the position with the highest point of demand for each consumer base – or segment. The ideal spot is made up by the product’s performance (speed) and size. As the perceptual map drifts down and to the right each year, the ideal spot will change as customers demand sensors with decreased size (smaller) and increased performance (faster). Although it would seem that the Ideal Spot would be in the center of the segment circle, the positioning actually varies due to the customer focus of each segment. For example, in the High End segment, the Ideal Spot is at the leading edge of the segment because those customers want the best possible product. Each segment’s ideal spot is represented by the pink dots on the Perceptual Map. Ideal Spots offset from segment center Calculating the Ideal Spot To…arrow_forwardIn Ecuador, cut roses are one of the country’s leading exports. Prior to advancements in the air transportation industry, this would have been impossible as roses must be sold within three to five days once cut. Today Ecuador is one of the world’s top producers of roses.arrow_forwardThe World Trade Organization is the only global trade organization and has 164 member nations representing 98 percent of world trade. How does the WTO help nations improve trade relations? What are some of the major challenges facing the WTO today?arrow_forward
- What is a good example of a letter of recommendation for a 5th grade Language Arts Teaching Position at an elementary school from a school principal?arrow_forwardProblem 1 (10 Points) Davison Electronics manufactures three LED television monitors, identified as Model A, Model B, and Model C. Davison Electronics four manufacturing plants. Each model has its lowest possible production cost when produced at Plant 1. However, Plant 1 does not have the capacity to handle the total production of all three models. As a result, at least some of the production must be routed to the other manufacturing plants. The following table shows the minimum production requirements for next month, the plant capacities in units per month, and the production cost per unit at each plant: Model Production Cost per Unit Minimum Production Requirements Plant 1 Plant 2 Plant 3 Plant 4 A $25 $28 $37 $34 48,000 B $26 $35 $36 $41 75,000 C $20 $31 $26 $23 60,000 Production Capacity 65,000 50,000 32,000 43,000 Davison’s objective is to determine the cost-minimizing production plan. We have…arrow_forwardLead Story: Identify the key story or insight based on your visualizations. Shaffer’s 4C Framework: Describe how you applied Shaffer’s 4C principles in the design of your charts. Gestalt Principles or Preattentive Attributes: Explain how you applied at least one Gestalt principle or preattentive attribute in your chartarrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Practical Management ScienceOperations ManagementISBN:9781337406659Author:WINSTON, Wayne L.Publisher:Cengage,
Foundations of Business (MindTap Course List)MarketingISBN:9781337386920Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage Learning
Foundations of Business - Standalone book (MindTa...MarketingISBN:9781285193946Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage Learning
Practical Management Science
Operations Management
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:Cengage,
Foundations of Business (MindTap Course List)
Marketing
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning
Foundations of Business - Standalone book (MindTa...
Marketing
ISBN:9781285193946
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning