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- One of the firm’s audit partners, Alice Goodwin, justhad lunch with a good friend, Sara Hitchcock, who is president of Granger ContainerCorporation. Granger Container Corp. is a fast-growing company that has been in businessfor only a few years. During lunch, Sara asked Alice for some advice and direction on howGranger Container should structure its systems development process within the InformationSystems Department. Sara noted that because Granger has experienced such tremendousgrowth, the systems development process has evolved into its current state without muchdirection. Given Granger Container’s current size, Sara questions whether their currentprocesses are reasonable. Sara’s concern is magnified by the fact that she has little understanding of information systems processes. Alice told Sara about your information systemsevaluation experience and agreed to have you look at Granger Container’s current systemsdevelopment procedures. Sara gave Alice the following summary of the…Can you do the calculations in Excel file showing all the work? You are a planner at a small distribution warehouse. Historically, the warehouse has targeted fulfilling 10 orders per hour for planning purposes. However, as the diversity of products has expanded, as well as the size of orders, this target has proven to be unreliable, as the orders are continually behind schedule and customers are complaining about late deliveries. Your supervisor has tasked you with determining a better target so that the warehouse may provide better delivery estimates to customers for their orders. Over the past week you gathered data for the number of orders fulfilled each day. This data is shown in the following table. Day Monday Tuesday Wednesday Thursday Friday Orders 88 64 72 56 80 A. Assuming 8 hours of operations each day, what is the mean and standard deviation for orders fulfilled per hour? The following table may help with these calculations. N is the total…The final stage on a production line for a repairableproduct comprises an old final test station withaccompanying analysis and repair stations.First Time Yield (FTY) is 0.720. To improve quality the old test station is replaced by anew model with higher performance.Using the production line final stage parameter values inTable QB1, on the next page, calculate thechange in cycle time Original final test time 15.0 minOriginal final test effectiveness 0.900New final test time 14.9 minNew final test effectiveness 0.930Analysis time 60.0 minRepair time 15.0 minTest station cost $100,000Analysis station cost $200,000Repair station cost $150,000Test cost $160 per hour per stationAnalysis cost $425 per hour per stationRepair cost $128 per hour per stationWarranty cost $250 per warranty claim perdefective product shipped
- Discuss the Personal Development Plan (PDP) throughout following: - SMART objective-diagram or table. - 3 objectives should be linked to all the points above. - Use control framework for evaluation of PDP.Describe the steps that might be required in writing and producing a play. Compare these steps to the three steps for NPD described in Section 3.2. Is there a correspondence?Long-term plans are those with a time frame beyond three years Select one: True False
- CASE STUDY ON NETFLIXNetflix was founded on August 29, 1997, in Scotts Valley, California when their founders MarcRandolph and Reed Hastings came up with the idea of starting the service of offering online movierentals. The company began its operations of rental stores with only 30 employees and 925 titlesavailable, which was almost the entire catalogue of DVDs in print at the time, through the pay-perrent model with rates and due dates. Rentals were around $4 plus a $2 postage charge. Aftersignificant growth, Netflix decided to switch to a subscriber-based model.In 2000, Netflix introduced a personalized movie recommendation system. In this system, a userbased rating helps to accurately predict choices for Netflix members. By 2005, the number ofNetflix subscribers rose to 4.2 million. On October 1, 2006, Netflix offered a $1,000,000 prize tothe first developer of a video-recommendation algorithm that could beat its existing algorithm Cinematch, at predicting customer ratings by more…Stinnett Transmissions, Incorporated, has the following estimates for its new gear assembly project: Price $1,220 per unit; variable costs = $3.75 million; quantity = 90,000 units. Suppose the company believes all of its estimates are accurate only to within ±15 percent. What values should the company use for the four variables given here when it performs its best-case scenario analysis? What about the worst-case scenario? Pls don't copy answer i give up voteThe final stage on a production line for a repairableproduct comprises an old final test station withaccompanying analysis and repair stations.First Time Yield (FTY) is 0.720. To improve quality the old test station is replaced by anew model with higher performance.Using the production line final stage parameter values inTable QB1, on the next page, calculate thenew FTY Original final test time 15.0 minOriginal final test effectiveness 0.900New final test time 14.9 minNew final test effectiveness 0.930Analysis time 60.0 minRepair time 15.0 minTest station cost $100,000Analysis station cost $200,000Repair station cost $150,000Test cost $160 per hour per stationAnalysis cost $425 per hour per stationRepair cost $128 per hour per stationWarranty cost $250 per warranty claim perdefective product shipped
- Ji-hu believes in making decisions based on the method of experience. Considering this, which of the following actions would he most likely take? A. He would buy the Lucia espresso machine because surveys of the product show the highest customer approval. B. He would buy the Hellman espresso machine because the choice seems obvious. C. He would buy the Franceso espresso machine because research shows it is the most durable. D. He would buy the Jones espresso machine because he liked his previous machine, which was made by Jones. E. He would buy the Almas espresso machine because his manager highly recommends it.Home-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…The definition of a system model, and what it is. In developing elementary versions of a product, what considerations must be made?