A company is working on a new product. The product's development through production is expected to cost the company $400,000. The product is going to sell for $1000 and its total manufacturing cost including all overhead is budgeted at $600. Marketing is predicting that the probability of selling 1000 pieces in the first year to be 65% and the probability of selling 1000 pieces in the second year to be 75%. What is the expected profit in the second year?

A manufacturing company operates 5 days per week, 8 hours per day. It must produce 5000 units per week to meet its demand. What is the takt time for the process?

A manufacturing plant is producing bolts. The most common defect is uneven threads. The threads are checked with a thread checker. The bolts are fabricated in lots of 500,000 per month. The number of opportunities for rejection are 500,000, Over a 6 month period an average of 350 defects/month are found. What is the DPMO for this product?

A product goes through a series of 3 processes. The first process has a yield of 0.992. The second process has a yield of 0.927. The third process has a yield of 0.944. What is the RTY for the 3 processes?