Suppose you are concerned about how much money you will have to spend on a diamond and are wondering if the population average price is less than $8,000. use jmp to conduct a hypothesis test to test if the population average price is less than $8,000. you can use jmp output but be sure to show all steps in your test. you do not have check the conditions again. (refer to the chapter 18 jmp guide on canvas for getting the

Suppose that a firm is considering moving from a batch process to an assembly-line process to better meet evolving market needs. what concerns might the following functions have about this proposed process change: marketing, finance, human resources, accounting, and information systems?

Summarize the specific methods used by interest groups in order to influence governmental decisions making in all three branches of government. provide at least two examples from each branch.

Barbara flynn is in charge of maintaining hospital supplies at general hospital. during the past year, the mean lead time demand for bandage bx-5 was 65 (and was normally distributed). furthermore, the standard deviation for bx-5 was 6. ms. flynn would like to maintain a 90% service level.refer to the standard normal table for z-values.a) what safety stock level do you recommend for bx-5? safety stock=)what is the appropriate reorder point? reorder point=