Assignment In continuance of the Case in Week 2‚ Read the Case – Acceptance Sampling of Pins of Complete Business Statistics and answer the following questions. Also use the templates to verify the answer. Check and see the effect on acceptance of pins‚ when the mean and standard deviations are manipulated. Identify the most profitable situation based on cost of reengineering. 1. What is the probability that a batch will be acceptable to the consumer and if the probability is large enough to
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Case Problem 2:Acceptable pins Data Analysis The lengths of the pins made by the automatic lathe are normally distributed with a mean of 1.012 inches and a standard deviation of 0.018 inch. The customer will buy only those pins with lengths in the interval 1.00 ( 0.02 inch‚ that is‚ between 0.98 inches to 1.02 inches. The probability of a pin having a length between 0.98 and 1.02 is 0.6339. Therefore‚ we can say that 63.39% of the pins produced will be acceptable to the customers. This is a
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Background of the Study Acne is a very common skin disease. It is also very common to teenagers. Acne is not a serious health risk‚ though severe acne can cause permanent scars. Acne can also damage self-esteem. Almost 8 out of 10 teenagers have acne. Acne vulgaris (simply known as acne) is a common human skin disease‚ characterized by areas of skin with scaly red skin (seborrhoea)‚ blackheads and whiteheads (comedones)‚ pinheads (papules)‚ pimples (pustules)‚ large papules (nodules) and possibly
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CHAPTER I THE PROBLEM AND ITS SCOPE RATIONALE OF THE STUDY Enrollment serves as a vital part in the life of every student upon entering schools or universities‚ either public of in private. It gives the students the impression on how the whole institute manages and manipulates the entire body. Moreover‚ enrollment serves as the first experience of all students by which he/she takes part either individually or with company of a parent or some relatives. Good enrollment is always
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The Ford Ka case introduces the fundamental problem of market segmentation and target selection. Ford’s problem does not fit the ‘textbook’ segmentation process since it developed the Ka before determining a target market for it. However‚ this is frequently the case‚ for example‚ when a firm copies a successful product idea (like Ford did) or wants to introduce an existing product in a new market to expand its geographical coverage. The case illustrates that even in this situation‚ market segmentation
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------------------------------------------------- Wu Chun From Wikipedia‚ the free encyclopedia | This article contains Chinesetext. Without proper rendering support‚ you may see question marks‚ boxes‚ or other symbolsinstead of Chinese characters. | Wu Chun | Wu Chun at Super Hot autograph-singing event on 18 September 2010 | Chinese name | 吳尊 (traditional) | Chinese name | 吴尊 (simplified) | Pinyin | Wú Zūn (Mandarin) | Pe̍h-ōe-jī | Gô͘ Kiat-chun (Hokkien) | Birth name | Goh
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The primary decision Gilles Moynier must make is determining the target market for the Ford Ka. Effective targeting is highly dependent on meaningful segmentation‚ so selecting an appropriate segmentation methodology from the variety of alternatives is another important decision Moynier must make. Moynier’s decisions must align with Ford’s objectives and also unite all the major stakeholders behind the Ka. Once the Ka’s target is identified‚ Moynier can develop the product’s positioning‚ finalize
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Automated Meter Reading and Load Shed System Problem: A manufacturer of cable TV systems wanted to provide a system that would allow a utility company to be able to read the power meters and control the power consumption (load control) using their cable plant as the communications medium. The system would communicate to a given house through the CATV system and then be sent to the client devices using the home power lines so that no additional wiring would be required. Solution: We developed
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in an early industrial pin factory from Adam Smith’s Wealth of Nations to the organizing and structuring of work. The relation will be described done by examining the division and specialization of labour‚ requirements that lead to the need for coordination‚ Horizontal and Vertical Differentiation required for coordination and how structure/hierarchy arises and if it is in fact needed. We can see that through the division and specialization of labour that Adam Smith’s pin factory is an example
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was practiced. Cons: Max profits is not exploited because a fleet of cars to service a range of geographic‚ demographic‚ psychographic‚ behavioral and attitudinal segments is unavailable. Which segmentation approach should be used for the Ford Ka? Demographic segmentation was advocated by management due to its historical success and the fact that data was accessible. However‚ demographic focus group results contradicted management’s view. The 40-44 year old group comprised a 32% share. Attitudinal
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