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Deming's profound knowledge consists of four elements. Answer the following three parts relating to the variation element of Deming's profound knowledge. Your discussion should relate to this element of Deming's profound knowledge and not to variation in general.
Describe how a quincunx can be used to explain variation.
Why is understanding variation important, and what do we need to do about it?
What tools do we need to use to understand variation, and why is using these tools important to our decision-making process?
Illustrate what would 3-sigma control limits for the process be. Illustrate what alpha risk would they provide.
For retailers to earn a markup of 25 percent, what should the wholesale price be? For the wholesalers to earn a markup of 10 percent, what should the manufacturer's price be?
Compose a message for your audience using the three- step process outlined in of Business Communication Today. Demonstrate each step in your communication.
If there is a basic conflict between the individual's expectations and the reality of working in an organization, the employee is most likely to be disillusioned and quit during which stage of socialization
Renesmee Corporation is a chemical company. The research and development manager is trying to decide whether or not to develop a new solvent that would work at all conditions.
Discuss customer service level for an inventory system within the context of quality management.
Service is the last activity in the "Value Chain." Explain how service adds value to a business' products and customers.
Leaders inspire and encourage their followers to reach objectives they have deemed important. The ability to empower others to reach these objectives is a key skill of a leader.
Think of a new or revised product or service that you would like to see on the market. Discuss the implications of producing the product or service relative to legal, ethical, environmental, profitability, competitive, design, and production i..
Bill Penny has a repetitive manufacturing plant producing trailer hitches in Arlington, Texas. The plant has an average inventory turnover of only 12 times per year. He has therefore determined that he will reduce his component lot sizes.
Starbucks Corporation is an American company, based in Seattle, Washington, that has become a global coffee company. What would the advantages and disadvantages be for Friend-Z’s if it decided to be a global competitor? If Friend-Z’s management did d..
Is it possible to make sound marketing decisions without marketing research? What advantages does research offer to the decision maker over seat-of-the-pants decision making?
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