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1. Please provide an example of one tool to implement the data driven approach. What are this tool strengths and weaknesses?

2. Why do we need data-driven approach to manage the health of population? Please offer specific and detailed example.

3. A company has decided to bid on a follow-on contract for 20 units of a product. The company has already produced 10 units (the initial contract) on an 80% learning curve. The 10th unit required 200 hours of labor time. If a fully burdened hour is $100 and the company wishes to generate a 20% profit, how much should be bid for this follow-on contract?

Operation Management, Management Studies

  • Category:- Operation Management
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