right quallty Is by the cost o materials and the technical characteristics as suited to the specific requirements, and it mplies that: Select one: O Quality should be available, measurable and highest level at all. Quality should be valuable, immeasurable and outstanding as far as possible. O Quality should be available, measurable and understandable as far as practicable. O The right quality is the highest quality.
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- 17. Services differ from manufactured products in four ways. Intangibility, Inseparability, Perishability and ? A. Homogeneity B. Heterogeneity C. Intractability D. Invisibility E. None of the above 18. The implications of low volume production include the following except a) Low unit cost b) Less systematization c) Low repetition d) Each staff performs more of jobs e) None of the aboveDeborah Kellogg buys Breathalyzer test sets for the Winter Park Police Department. The quality of the test sets from her two suppliers is indicated in the following table: Percent Defective Probability for Winter Park Probability for Dayton 1% 3% 5% .70 .20 .10 .30 .30 .40 Kellogg orders 10,000 tests per order. A defective Breathalyzer test set can be repaired for $0.50. When determining the costs for each branch (Decision Tree), utilize the number per order (*) the percent defective (*) the repair cost. a. What is the EMV for Winter Park? $ [Select ] b. What is the EMV for Dayton? $$127 c. What choice should Deborah Kellogg make? [Select] >Quality Q Fixed costs FC Variable costs VC 1 1100 110 2 1100 170 3 1100 280 4 1100 340 Calculate the following : 1-Total costs. 2-Average costs .
- What is meant by Quality is Free by Philip Crosby? Give a situation that applies this principle.D.B. Smith Company produces machine tools. The company conducted a cost-of-quality study and found the following: Cost Category Amount Quality equipment design $ 20,000 Scrap 333,000 Inspection and retest 330,000 Customer returns 80,000 Supplier quality surveys 8,000 Repair 82,000 What quality cost categories should each of these costs be associated with? What does a Pareto analysis reveal? The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below. Questions 1. Classifying the D.B. Smith Company cost elements into the appropriate cost-of-quality categories, calculate the total costs in each category and their percentages of the total and cumulative percentages. Round your answers for the total costs to the nearest dollar and round your answers for the percentages to two decimal places. Quality Cost Category Amount Percent of Total Cumulative…A developer has requested your advice for the selling price per sg.m, of flats in an area of your choice. You should retrieve 20 asking prices for residential flats in your preferred area from agents' websites. Proceed with all necessary adjustments and estimate a value per sg.m, for a typical 2 bedroom flat that he is aiming to build. Additionally, retrieve asking rental prices for the same area and proceed with the necessary adjustments in order to estimate the ARY. Present your analysis and the way of thinking in 500 words and also support your opinion with an excel table showing your adjustments.
- If goods are specially manufactured, unique, or rare, a buyer may have the right to specific performance. Group of answer choices True or FalseXYZ General Hospital is evaluating new office equipment offered by three companies. In each case the interest rate is 15% and the useful life of the equipment is 4 years. Use NPW analysis to determine the company from which you should purchase the equipment. A B First Cost $15, 000 $25, 000 $20, 000 Maintenance Cost 1, 600 400 900 Annual Benefit Salvage value 13, 000 6, 000 8, 000 11, 000 3, 000 4, 500Home-Style Cookies has decided to implement an employee suggestion to open a retail cookie shop in the front area of their manufacturing building in Hudson, New York. The employee offices currently occupying that space can easily be moved to the production area and there is ample parking for customers. Even though the plant is located in a small town, it is easily accessible and visible from the scenic highway which leads to Manhattan, New York. Through research and initial consumer testing, the retail shop will offer individual cookies for sale, pre-packaged dozen cookies (one kind of cookie), and gift cookie assortments in logoed tins in two sizes, 2-dozen and 3-dozen. The Home-Style executive team has hired you as a consultant to create the initial plan for the new retail shop. They have given you the first three months’ forecast, represented in the following table (Retail Shop Forecast). Embed your service blueprint in your document or submit it separately. Month Chocolate…
- A summary of total charges from a small café's natural gas bills is provided below: Month KJ Cost October 14 $187 November 17 187 December 30 230 January 35 264 February 33 270 20 200 March Using regression analysis, the expected cost at 40 kJ would be a. $296 b. $285 c. $102 d. $162Two tire quality experts examine stacks of tires and assign quality ratings to each tire on a 3-point scare. Let X denote the grade given by experts A and let Y denote the grade given by B. the following table gives the joint distribution for X, Y. Y X 1 2 3 1 0.10 0.05 0.02 2 0.10 0.35 0.05 3 0.03 0.10 0.20 i. Find ( 1, 3) P X Y = = ii. Find ( 2, 3) P X Y ≥ ≥ iii. Find the marginal distribution of XProvide two examples for each element: A. Expected benefits. B. Risks