During the recent economic downturn, many companies were forced to cut back on personnel. Dan Turner, the owner of a struggling company noticed many of the companies around him laying off people in every department to little avail. What different strategy might result in higher revenues than those other companies?a. Nothing, they seem to have the right idea. b. Close older and struggling branches rather than pay to maintain them. c. sell the company and retire to Florida. d.Recognize the importance of his sales team and make cuts accordingly.

This exercise illustrates that poor quality can affect schedules and costs. a manufacturing process has 130 customer orders to fill. each order requires one component part that is purchased from a supplier. however, typically, 3% of the components are identified as defective, and the components can be assumed to be independent. (a) if the manufacturer stocks 130 components, what is the probability that the 130 orders can be filled without reordering components? (b) if the manufacturer stocks 132 components, what is the probability that the 130 orders can be filled without reordering components? (c) if the manufacturer stocks 135 components, what is the probability that the 130 orders can be filled without reordering components?