A fast-food chain is examining the time customers spend waiting in line waiting to place their orders at its restaurants in the Hampton Roads area. Waiting times (expressed in minutes) were collected on 9 random days at 8 restaurants. Compute appropriate control limits to study this. Round and report all calculations to three decimal places.

Question 1: A manager wants to investigate a bottling process by using a sample mean chart. He knows from his experience that the process standard deviation is 4 mL (milliliter). Each day last week, he randomly selected 9 bottles and measured each. The data (in mL) from that activity appear below.

1. Calculate all the sample means and the mean of all the sample means.
2. Calculate upper and lower x-bar chart control limits that allow for natural variations with a z value of 3.

c. Based on the x-bar chart, is this process in control? Create a X-bar chart in Excel

Use the data of question 1 to (a) create Range chart in Excel. (b) Based on the R chart, is this process in control?

What are some current examples of the trend toward pervasive business analytics? What are some new uses of business analytics that may become possible with this trend in the next few years?

Fashionables is a franchisee of The UnLimited, the well-known retailer of fashionable clothing. Prior to the winter season, The UnLimited offers Fashionables the choice of five different colors of a particular sweater design. The sweaters are knit overseas by hand; because of the lead times involved, Fashionables will need to order its assortment in advance of the selling season. As per the contracting terms offered by The UnLimited, Fashionables will also not be able to cancel, modify, or reorder sweaters during the selling season. Demand for each color during the season is normally distributed with a mean of 450 and a standard deviation of 175. Further, you may assume that the demands for each sweater are independent of those for a different color.

The UnLimited offers the sweaters to Fashionables at the wholesale price of $40 per sweater, and Fashionables plans to sell each sweater at the retail price of $66 per unit. The UnLimited does not accept any returns of unsold inventory. However, Fashionables can sell all of the unsold sweaters at the end of the season at the fire-sale price of $15 each.

A) How many units of each sweater type should Fashionables order to maximize its expected profit?

B) If Fashionables wishes to ensure a 97.5 percent in-stock probability, what should its order quantity be for each type of sweater?

C) Say Fashionables orders 725 of each sweater. What is Fashionables' expected profit?

D) Say Fashionables orders 725 of each sweater. What is the stockout probability for each sweater? Use Excel.

BioFoods International is concerned with providing low cost foods to nations that cannot afford the wholesome and nutritional foods that are so common in more developed countries. BioFoods International is adopting a new computer system that will enable our international managers to place orders with us directly, ensuring accurate and fulfilling orders to each of our constituents. What types of cultural requirements should be considered in acquiring this new system?

1 a) Describe when you believe it is appropriate to use the following terms in developing data reports for a healthcare organization: mean, median and mode. Why?

1 b) Find a healthcare organization’s description of how it utilizes big data. Review their description of this usage: For what purpose? Who performs the actual analysis? Can you tell whether the analysis is done internally or externally? Are the results current? Are the results useful in some way, and is that usefulness described?

Jamison Day Consultants has been entrusted with the task of evaluating a business plan that has been divided into four sections—​marketing, ​finance, operations, and human resources.​ Chris, Steve,​ Juana, and Rebecca form the evaluation team. Each of them has expertise in a certain field and tends to finish that section faster. The estimated times taken by each team member for each section have been outlined in the table below. Further information states that each of these individuals is paid $90​/hour.                                                                       

​a) The optimal assignment of the function to a team member that minimizes the cost​ is:

Finance -----> Member ___________

Marketing ----> Member __________

Operations ------> Member __________

HR -----> Member ________

Finally, doctors provide knowledge and skill, but patients make the decisions – transform this to team leaders provide the guidance and direction, but team members drive the outcomes – what are your thoughts on this approach?

How was the danone and wahaha joint venture formed ? What was the structure of the joint venture? (600 words minimum)

What is the role of Measurement & Knowledge Management for Performance Excellence in supporting Quality Management (QM) and Lean Management (LM)? Factoring in the impact of the Corona Virus on Measurement & Knowledge Management for Performance Excellence when America faces severe shortages of Corona Virus testing kits as well lack of ventilators and other key equipment. How would you assess their "unintended consequences" to the global economy? and how would you re-calibrate Measurement & Knowledge Management for Performance Excellence strategies based on lessons learned?

Have you experienced being part of a team with a good (or bad) leader? What made that person good or bad? No real names, please.

Monsters, Inc

As you watch the movie, look for elements of strategic management within the storyline.

For Example: Strategic Leadership Organizational Purpose & Principles Stakeholders Competitive Advantage Business Ethics Organizational Culture Organizational Mission Adaptation & Organizational Change Innovation Risk.

In the movie Monsters Inc, what are some examples of strategic management. Above is a list of some you might see

n 2/3 paragraph explain what are some risks associated with a newly developed mobile application in terms of financial and market risk and what should we do about it?