Question: 1) Listed below are 3 example problem statements. For each one, describe whether the problem statement meets the criteria for a good problem statement that
1) Listed below are 3 example problem statements. For each one, describe whether the problem statement meets the criteria for a good problem statement that we discussed in class. If the statement is not a good problem statement, describe why specifically and re-state it so that it would be a good problem statement (if you have to make up some information for this, thats okay).
(A) Alpha Manufacturing Company has a significant inventory control problem and needs to upgrade their practices using improved technology.
(B) As a result of their poor safety record, Beta Trucking Company is losing customers. Since 2017 Betas market share in the long haul trucking industry has fallen from 18.1% to 14.7%.
(C) Employee turnover at Sigma Inc. has increased from 12% to 22% over the last three years and the company needs to improve its hiring practices to stop making poor hiring decisions.
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