Describe statistical control- product and services, Corporate Finance

This subject has a major individual assignment consisting of a number of tasks (parts). The assignment has been designed with the aim of providing you a practical application case for various quality planning and analysis tools and techniques that will be covered in the subject.

In the assignment, you have to apply these tools and techniques to a topic of your choice.

You have the following options to choose from:

i) design and production of a DEVICE (e.g. household devices, electronic devices, clothing and shoes, transportation equipment, etc.),

ii) design and provision of a SERVICE (e.g. travelling, education, hospitality, health care, etc.) or

iii) design and completion of a WORK (e.g. constructing a house, bridge or road, etc.)

It is entirely up to you what to chose. We do not have any preference for topic.

Part 1: Introduction

Write an introduction about your product or service including its key functions and characteristics.

Part 2: Customer Satisfaction  

2.1. Identify at least 10 stakeholders for your product or service  

2.2. Describe briefly at least 5 methods which can be used for capturing customer needs.

2.3. Apply one of the methods identified above and using the Kano analysis capture at least 25 customer needs (10 WANTs, 10 MUSTs, and 5 DESIRABLEs). You must demonstrate how you have identified those customer needs. You must include the actual data and information which doesn't need to be real data (it can be fictitious data). If you use other sources, make sure you do not breach the plagirism rules.

Part 3: Design Requirements

3.1. Translate all the 25 customer needs identified in the previous section into minimum 10 design requirements by using the QFD form posted on subject website at UTSOnline.

3.2. Pick the 5 highest scoring design requirements from the previous section (QFD form) and carry out a risk analysis using the FMEA posted on subject website at UTSOnline.

Part 4: Supplier Selection and Evaluation

4.1. Identify at least 10 major components, parts or sections of your product or service.  

4.2. Select one of the components, parts or sections identified above and list at least 10 criteria that could be used for selection of suppliers of that component, part or section.

4.3. Using the previously identified 10 criteria develop a complete supplier selection system. Apply this system to 3 suppliers using made-up data.

4.4. Write a report on the outcome of suppler selection process and provide an explanation for your choice.

Part 5: Statistical Process Control

5.1. Identify at least 10 processes that could be used to produce your product or to provide your service.

5.2. Describe briefly at least 5 statistical control charts that could be used for process monitoring.  

5.3. Make up a set of data (categorical or measurement data) collected over 15 units of time or batch intervals. Use the appropriate formulae and compute all the necessary calculations (e.g. CL, UCL, LCL, etc.). Plot the appropriate control chart for your data.

Part 6: Continuous Improvement

6.1. Identify 5 problems that could occur during the use of your product or service and list 7 tools that could be used for problem solving.

6.2. Select 1 of the 5 problems and apply at least 4 of the 7 tools identified above to rectify that problem.

Posted Date: 2/18/2013 5:28:44 AM | Location : United States







Related Discussions:- Describe statistical control- product and services, Assignment Help, Ask Question on Describe statistical control- product and services, Get Answer, Expert's Help, Describe statistical control- product and services Discussions

Write discussion on Describe statistical control- product and services
Your posts are moderated
Related Questions

(a) Accurate estimation is crucial for effective planning and control and is related with time, information, experience of estimator, techniques used and funding. Discuss the thre

The Chocolate ice cream company and the vanilla ice cream company have agreed to merge and form Fudge Swirl Consolidated.Both companies are exactly alike that are located in differ

differentiate between allocative efficiency and pricing efficiency.

project work on factor affecting capital structure.

Question: i) The treasurer of a corporation is trying to choose between options and forwards contracts to hedge the corporation's foreign exchange risk. Discuss the relative

What the implications of the pecking order theory?

determine the pay \back period for the project.

You have ten million dollars to allocate across two projects, code named 'Wombat' and 'Marmot.' Both projects are somewhat scalable, in that you could potentially invest as much (u

An original United States silver dollar from the late 1800s consists of about 24 grains of silver.  Suppose that at current prices, the silver content of this coin is worth $2.25.