Explain a statistical analysis of a selected project

Assignment Help Microeconomics
Reference no: EM131186223

Project

The project in the course is a comprehensive course-level assessment on TQM. The project comprises two parts, Project Part 1 and Project Part 2. You are required to start with Project Part 1 in Week 2 and submit it by the end of Week 4. Start Project Part 2 in Week 4 and submit it by the end of Week 6.

In Project Part 1, you are required to answer questions to convince the board of a failing company to adopt TQM. In Project Part 2, you are required to answer questions on the finer aspects of introducing TQM in the company.

PROJECT DESCRIPTION

Project Introduction:

Assume that you have been appointed to turn a failing company around, and you identify TQM as the answer. Your project report submission should comprise answers to the questions that revolve around this situation and are related to TQM.

Course Objectives Tested:

1. Define and compare internal and external customers of any quality project or process.

2. Compare and contrast Total Quality Management to ISO 9000.

3. Apply basic tools for improving the effectiveness of work processes including flowcharting, cause and effect diagrams and the use of root cause analysis methods.

4. Create charts and graphs to explain a statistical analysis of a selected project.

5. Develop a quality management plan including quality metrics, quality checklist, and process improvement plan.

6. Apply quality audit techniques to identify quality management system nonconformities and to apply problem-solving techniques for corrective actions.

7. Delineate the total quality management processes within each phase of the product and project cycle.

Project

Description/Requirements of Project Part

Part

1 TQM and a 90-Day Turnaround

Assume that you are to take up the role of the president and CEO of a major corporation in the United States, WonderWash-an electrical appliances manufacturer. You are an experienced senior manager with more than 15 years of varied responsibilities with white goods manufacturing companies. You supervised their manufacturing facilities with a total commitment TQM.

Despite being a longtime manufacturer, WonderWash has been losing sales at an increasing rate. The quality and customer service areas are declining too. The company has been run under the same management style for a long time-a traditional approach that has not taken into account any of the changes adopted by other companies to modernize their facilities or utilize any of the concepts that have made them successful.

You are expected to turn the situation around within 90 days of your hiring. You have identified the need for TQM and, therefore, are determined to adopt the concept. Where do you begin?

What specific steps should you take with respect to the following questions?

1. How would you introduce TQM first to the board and then to the company?

2. In your introduction, what considerations are important for the presentation?

3. How would you characterize quality in a world-class organization, and how can WonderWash become one?

4. Where was TQM first developed and adopted, and what can WonderWash learnt from the experience?

5. What is the role of company ethics in the development of TQM at WonderWash?

6. How would you explain to company personnel how a quality culture differs from a traditional culture?

7. What role does the customer play in the process of TQM? How is this difference communicated to the employees in general?

Submission Requirements:

Submit your project report, in a minimum of 800 words, in a MS Word document, using APA style.

Reference no: EM131186223

Questions Cloud

Every additional worker employed output : Assuming that the output per worker is R122 000 and for every additional worker employed output will increase with R122 000 (in other words, constant returns apply). By how much will employment increase if the economy grows at 3.5%?
How would you design it if it were a 2000-to-2005 counter : Design a synchronous 20-to-25 counter using the minimum number of DFFs.
How do counterterrorism measures strengthen us policy : How do intelligence gathering and counterterrorism measures strengthen U.S. policy against domestic terrorists? Explain in detail the reasons for your answer.
How a partner may be liable to creditors of the partnership : LAW2106 LAW OF BUSINESS ORGANISATIONS ASSIGNMENT. Describe how a partner may be liable to creditors of the partnership based on the acts of other partners. Explain how that liability could be established despite the lack of any real or actual autho..
Explain a statistical analysis of a selected project : Create charts and graphs to explain a statistical analysis of a selected project. Develop a quality management plan including quality metrics, quality checklist, and process improvement plan.
How would you re-distribute your investment portfolio : As a portfolio manager, please formulate and solve the investment portfolio problem using linear programming technique. What are the amounts invest in (1) stocks, (2) real estate, (3) bonds and (4) CD?
Which has the best time predictability for the output : Compare these three solutions (sequential, Gray, and one-hot). Which requires the fewest DFFs? Which requires the least combinational logic? Which has the best time predictability for the output?
French parliament right to eliminate 35 hour workweek limit : Do you think quality of life of employees would improve if they spent fewer hours working? - Do you think the government should mandate the work hours of an individual? Why or why not?
Who should govern one, few, or many : Prepare a paper on Plato & Karl Marx and the topic is "who should govern- one, few, or many? Within the paper discuss how the views of the two chosen philosophers on the one chosen political issue relate to the same political issues toda

Reviews

Write a Review

Microeconomics Questions & Answers

  Country x assigns 40 of its labor to vegetables while

country x can produce either 30 tons of vegetables or 30 tons of chicken. country y can produce either 20 tons of

  What price and output will occur under pure competition

Assume the industry demand for a product is P = 1000 - 20Q. Assume that the marginal cost of the product is $10 per unit.  What price and output will occur under pure competition? What price and output will occur under pure monopoly?

  What is market structure for wireless handset manufacturers

What is the market structure for wireless handset manufacturers? What pricing strategies do wireless phone handset manufacturers use? How do wireless phone makers attempt to differentiate their handset offerings?

  How can central bank discounting cause procyclical movements

How can central bank discounting cause procyclical movements in the money supply? How can the central bank eliminate such a movement? Discuss.

  What is the maximum technical efficiency output level

What is the maximum technical efficiency output level for this firm ? On the diagram above, AVERAGE FIXED COST is the LOWEST at .what Quantity ? On the diagram above,   AVERAGE VARIABLE is the HIGHEST at. what Quantity ?

  Policy trilemma-capital mobility for efficiency

Policymakers around the world often face what Obstfeld and Taylor dubbed a `policy trilemma': They want capital mobility for efficiency and edibility purposes;

  What is the most you would pay to call her

What is the most you would pay to call her and ask for the result? Be sure to show the decision tree that fuels your reasoning.

  The government spends tax dollars

What choices does society make when the government spends tax dollars? What exactly is being obtained and at what cost to society? What is forgone when the choices are made?

  Comparative advantage in producing a good

A country has a comparative advantage in producing a good if it can produce that good: At a higher opportunity cost than another country can.

  Regular cyclical economic variation

Unlike the previous two papers it is focused upon a particular dated event (the crisis) rather than regular cyclical economic variation. Also, the other papers exploit variation in economic conditions across state and birth-year while this paper expl..

  The cost of producing the second item increases

What is the Law that states that as we shift factore of producation from making one good or service to another, the cost of producing the second item increases?

  Compare this answer to the previous one what do you notice

Express PV, where P is pressure and V is volume, in terms of the base SI units: the kilogram, meter, and second. Express your answer in terms of the abbreviations (kg, m, s). Compare this answer to the previous one. What do you notice?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd