What are two ways a process manager can identify a bottleneck in a service or manufacturing process? If you were in a manufacturing firm, what physical cues would signal a bottleneck?
What will be an ideal response?
A workstation in a process is a bottleneck if (1 ) it has the highest total time per unit processed, or (2 ) it has the highest average utilization and total workload. Generally, the bottleneck has a pile of materials in front of it waiting to be processed.
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________ is a principle that says if a testator leaves a specific devise of property to a beneficiary, but the property is no longer in the estate when the testator dies, the beneficiary receives nothing
A) Ademption B) Abatement C) Bailment D) Attestation
Refer to Scenario 9.10. There is some variability in how long it takes the feed store to whip up a batch of llama feed. The standard deviation of the feed prep is one day
The farm is willing to tolerate a 5% chance of running out of feed before they can get some more hauled in. The llamas would prefer a 0% chance, but they don't get a vote. What reorder point achieves the farm's objectives? A) 246 pounds B) 282 pounds C) 304 pounds D) 316 pounds