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Explain the structure and purpose of a decision tree.
Answer:
An order fulfillment process normally operates two shifts a day, five days per week.
Under normal conditions, 380 orders can be processed per shift. What is the daily
capacity?
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Procter & Gamble use bricks-and-mortar intermediaries.
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Little's Law states that Throughput = Flow Time × Work-In-Process.
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Information-intensive businesses have the potential to be infinitely scalable.
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Customers and service providers often work together to co-produce a service.
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A statement of work would be developed in the "organize" step of the project life cycle.
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The focus on value has forced many traditional goods-producing companies to reduce
services to their customer benefits packages.
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An assembly line is a type of product layout.
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Teams are a way of accomplishing job enrichment.
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Design for manufacturability (DFM) includes practices such as designing for recycling
and disassembly.
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The value chain model is probably the dominant model for operations managers.
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In what type of situation would the expected value criterion be useful? In what type of
situation would it not be useful?
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When producing broad goods or service mix with diverse requirements on common
equipment, the ideal strategy is to
run large batches.
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Describe approaches used for process layout design.
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Special cause variation tends to be easily detectable using statistical methods.
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A pathway is a route that a product takes in a job shop.
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The Excel function RAND( ) generates random numbers that provide a continuous
range of values. Unlike those for two-digit numbers, these values are not limited to
probability increments of 0.01.
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Immediate predecessors are activities that must be completed immediately before an
activity may start.
Answer:
