Quantitative Analysis or Management Science?
Why is quantitative analysis sometimes referred to as management science?
Why is quantitative analysis sometimes referred to as management science?
Discuss the value of Statistics and how Business Decision Making can benefit from utilizing statistics. Give an example how 2 different persons within a company can utilize statistics but in a different way.
What are some ethical or legal issues faced by quality managers in your organization or in an organization with which you are familiar or in general? How are these issues best addressed? Wadsworth, H., Stephens S., and Godfrey, A., ch. 6-7 as helpful; review pp. 115-123; read 322-324, & 390-397.
At least three trends that will be important to project management in the next decade
1. What are the attributes of Critical Success Factors in general? 2. What is a strategic roadmap? 3. Why do we align tactical objectives with the chosen strategy? 4. How do the tactical and roadmap reflect the conditions presented in an external and internal environmental analysis?
Deliverable Length: 3 pages with charts Details: Present to the Hotel Escargo team a well-developed summary of your initial observations including the following: Identify hotel needs and rank in order of importance (using both qualitative and quantitative information). 2-3 areas of the Hotel Escargo that you feel can and
Compare and contrast three common metrics used to measure quality.
In your opinion how would you identify a process to improve operating efficiency? Any example is appreciated.
What types of qualitative and quantitative tools can be helpful to identify a problem's root cause or to improve a process?
How does the Six Sigma concept address integration of quality and operations management?
What are the similarities and differences among popular quality management philosophies? (Choose three.)
Can you please give me some examples of some tools and techniques used to measure quality and the customer satisfaction within your an organization? Please give as much details as possible. Thank you!
Part 1: You have heard that many companies use Operations Management (OM) tools. You asked your supervisor what he thought about this. Your supervisor requested that you research the idea and present it at the afternoon manager's meeting to see if it is something valuable to use. He had asked that you make sure to find example
Can someone explain to me in some form of detail exactly, what is Lean Six Sigma? What is its concept and premise? Basically, anything to help with my understanding. We are going to talk about this subject and I want to be able to share in the conversation.
Details: You have heard that many companies use Operations Management (OM) tools. You asked your supervisor what he thought about this. Your supervisor requested that you research the idea and present it at the afternoon manager's meeting to see if it is something valuable to use. He had asked that you make sure to find examples
What are the best criteria for selecting a project? Does this change according to the type of project, the industry, or organizational structure?
1. There are six primary objectives of JIT, name at least three. 2. What are some characteristics of a push vs. a pull system? Provide at least two characteristics for each system. 3. The JIT philosophy on inventory management involves many principles, name at least four. 4. Provide at least four benefits of J
I am writing a strategic plan for a clinical laboratory I am having a problem trying to decide if the change I am proposing is long term and if it is how do I explain it and if its not do you have any suggestion for aplan for well established clinical laboratory key objectives Patients, growth, people(employees). My plan is t
Define lean operations, list and evaluate the types of such techniques and concepts that are currently being employed (or should be employed) at any company except CBS.
You do not need to actually solve the problems just respond to the questions for each problem. Please see attached. --- For these three problems answer the following questions: a. What financial concept or principle is the problem asking you to solve? b. In the context of the problem scenario, what are some business
See the attached file. VF Inc. produces a small coil compression spring used in toys. The process characteristic of interest in testing this spring is the compression distance when a 5-lb. load compresses the spring. The average compression distance of all the springs produced has been specified at 6 cm. The output is normally
1. A process is termed as six-sigma when the (circle one of the following): a. process produces exactly six defects per million b. design or customer tolerance limits are six standard deviations away from the mean c. process control limits are set at six standard deviations from the mean d. process control limits have six t
Examine the quality tools for identifying and monitoring process variability in a human resource department and provide examples.
If Six Sigma is the current state of the art....what is next? With continuous improvement a founding principle of TQM, where does quality go next? This is just you opinion....but based on your experience..... what needs to change for companies to go beyond Six Sigma.
Provide a brief environmental scan of the Manufacturing Industry (i.e. trends, forces, events likely to have an impact on the industry). Be sure to include an assessment of the Industry's chief competitors' technological innovations, if noteworthy.
I have to give an oral presentation and discuss at least three trends that will be important to project management in the next decade. Please provide me with 3 trends that will be important to project management in the next decade and describe them.
Using the Cybrary and Web Resources: 1. Select four types of quality management tools or methods. 2. Contrast and compare these tools or methods, identifying their purpose and relationship. 3. Which ones would be most useful for Manychip? Scenario: Manychip, Inc., is a specialty memory chip manufacturer located in Sou
A manager states that his process is really working well. Out of 1,500 parts, 1,477 were produced free of a particular defect and passed inspection. Based upon Six-Sigma theory, how would you rate this performance, other things being equal. Please provide an example!
What are the most popular quality management philosophies, and why are they popular?
1.General risks that would be inherent to a company and how to quantify these risks. 2.Would need to be able to incorporate how the timeliness, size and risk of cash flows play a part in the assessment. 3. How would you quantify these risks? 4.If you were doing a beta calculation using two sets of excess returns, what would