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Five data entry operators work at the data processing department of the Birmingham Bank Each day for 30 days the number of defective records in a sample of 300 records typed by those operators has been noted, as follows No. Defectives Sample No. No Defectives 16 13 Sample No 1 2 3 4 5 6 7 8 9 10 Sample No. 11 12 13 14 15 16 17 18 19 20 No. Defectives 7 4 15 5 10 8 13 3 18 17 4 20 10 12 8 12 8 7 22 23 24 25 13 NS38888 ? ? 0 3 0 2 3 ?? : 15 27 28 29 30 12 a) Establish 30 upper and lower control limits UCLfotor your response as a number between Card , rounded to three decimal places)

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A manufacturing firm is planning to open a new factory. There are four countries under consideration: USA, Canada, Mexico, and Panama. The table below lists the fixed costs and variable costs for each site. The product is mainly sold in the U.S. for $595 per unit. Location Canada Mexico USA Panama China Fixed Cost $7,000,000 $2,500,000 $4,000,000 $1,500,000 $3.000.000 Variable cost $210 $260 $230 $300 $270 a- Using cross-over analysis, find the range of production that makes each location optimal with lowest total cost. b- Using Excel, construct total production cost linear graph for all 5 locations and verify cross-over points obtained in part (a). In your graph, use quantity values from 0 to 200.000 at increment of 5,000. C- If the company forecasts that market demand will be around 160,000 per year, which country is the best choice and what is the yearly profit? d- Construct Total cost, Total revenue, and Total profit graphs for the optimal location in part (

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Licensing propriety technology to foreign competitors is the best way to give up a firm’s competitive advantage. Discuss.

2. Discuss how the need for control over foreign operations varies with firms’ strategies and core competencies. What are the implications for the choice of entry mode?

3. A firm based in Washington State wants to export a shipload of finished lumber to the Philippines. The would-be importer cannot get sufficient credit from domestic sources to pay for the shipment but insists that the finished lumber can be quickly resold in the Philippines for a profit. Outline the steps the exporter should take to effect this export to the Philippines.

4. You are the assistant to the CEO of a small technology firm that manufactures quality, premium-priced, stylish clothing. The CEO has decided to see what the opportunities are for exporting and has asked you for advice as to the steps the company should take. What advice would you give the CEO?

Make sure each question contains 150 words.

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Based on population figures and other general information on the German population, suppose it has been estimated that, on average, a family of four in Germany spends about €1,135 annually on dental expenditures. Suppose further that a regional dental association wants to test to determine if this figure is accurate for their area of the country. To test this, 22 families of four are randomly selected from the population in that area of the country and a log is kept of the family’s dental expenditures for one year. The resulting data are given below. Assuming that dental expenditures are normally distributed in the population, use the data and an alpha of 0.05 to test the dental association’s hypothesis.

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