Purchase Solution

What is a Value Chain

Not what you're looking for?

Ask Custom Question

Define process variation/ What types of variation exists in organizations today and what are some ways to identify and deal with the variation?

What is a Value Chain? What properties distinguish a strong value chain from a weak value chain?

Purchase this Solution
Solution Preview

Hi there,

Here are your answers:

Natural process varation, sometimes just called process variation, is the phenomenon that describes natural fluctuations in process-outputs.

For example:

A filling station is set to fill bottles with 1 litre (assume σ =.1) of liquid. Suppose that we took various (independent) samples (at different times). We would see that the average filling of the bottles would be 1 litre. But if we look to the samples individually, we would discover that the values (slightly, depending on the standard deviation of the process) differ. So 10 samples would give values like:

1.1, 0.95, 1.05, 1.01, 0.99, 0.9, 0.97, 1.03, 1.0, 0.99

Usage
When a sample average(size n=10 in this case) is located outside the control limits, then this is an indication that the process is out of (statistical) control. To be more specifically:

The Western Electric rules conclude that the process is out of control if:

1. One point plots ...

Purchase this Solution
Free BrainMass Quizzes
Change and Resistance within Organizations

This quiz intended to help students understand change and resistance in organizations

Learning Lean

This quiz will help you understand the basic concepts of Lean.

Team Development Strategies

This quiz will assess your knowledge of team-building processes, learning styles, and leadership methods. Team development is essential to creating and maintaining high performing teams.

SWOT

This quiz will test your understanding of the SWOT analysis, including terms, concepts, uses, advantages, and process.

Organizational Behavior (OB)

The organizational behavior (OB) quiz will help you better understand organizational behavior through the lens of managers including workforce diversity.

View More Free Quizzes
Related BrainMass Solutions

  • The Organization's Supply Chain and Its Financial Chain

    The value chain is all of the value creating processes involved in converting raw materials into a product or service for the customer. Like the financial supply chain however, a value chain flows in the opposite direction of the supply chain.

  • Value chain

    In other terms, value chain is also defined as a chain of business firms or market players working in order to satisfy the customers' demand for a specified product (What is a value chain -- longer definition, 2004).

  • Analysis: Global Value Chain and Supply Chain Management

    Therefore, it is also known as demand chain. Supply chain helps in determining what is produced while value chain focuses on what the consumer wants.

  • Value Chain Addition in a Healthcare Setting

    If so, what value chain do you see worth adding? I don't see a necessity of adding a value chain because of the after-service chain that is currently within the value chain paradigm.

  • impact of the Internet on Komatsu

    What is the potential effect of these threats on the global value chain?

  • global organization

    What are some challenges facing a global organization using the Internet as a tool in global value chain management?

  • Benefits of Value Chain Management

    Here is a link to the benefits companies derive from value chain management: http://www.suite101.com/content/what-is-value-chain-a94413 Value chain management develops partnerships with stakeholders, encouraging relationships that tend to give competitive

  • Contemporary Management Technique

    //Before we begin discussing the importance of a value chain, from the viewpoint of military business in helping the military, for achieving some military critical success factors, we would explain what a 'Value Chain Analysis' is.

  • Potential terrorist threats to global value chain management

    369715 Potential terrorist threats to global value chain management What are the major potential terrorist threats to global value chain management? What is the potential effect of these threats on the global value chain?

  • Total Quality (TQ) Model and Methodologies Paper

    http://www.wisegeek.com/what-is-just-in-time-manufacturing.htm The solution is a research paper proposing Value Chain Analysis as a good TQM model/method for an organization's strategic planning process in 1815 words with links to further online resources

View More Related Solutions