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It is important to obtain a clear understanding of the context of data and how it relates to improvement processes. When developing analytics around quality or performance improvement, required information includes: What does the data represent? What process, workflow, outcome, or structural component does the data correspond to? How is the data stored? What kind of storage is the data in (such as an enterprise data warehouse, Access software computer database, file cabinet), how is the data physically stored, and how might that storage format constrict what can be done with the data? Also, how good is the quality of the data; are there missing values that might bias analysis, and are there invalid entries that need to be cleaned and/or addressed? What is the data type? Regardless of how data might be physically store in a database, what kind of data do the values represent in “real life”? What can logically be done with the data? Given the type of data and how it is stored, what kind of database and mathematical operations can be performed on the data in meaningful ways? How can the data be turned into useful information? How can the data drive decision making and enable leaders and quality stakeholders to take appropriate and necessary action? Consider a current quality improvement issue at your place of employment, and answer the above questions. You may need to consult with other people in your organization in order to get the information you need.
Describe FIVE ways in which emerging economies have benefited as a result of foreign direct investment in their countries by multinational enterprises.
A furniture company makes tables and chairs - always 6 chairs to each table. The variable cost per table is $40 and that per chair is $10; the selling prices are $60 and $15 respectively. The fixed cost of equipment is $4,000. How many tables must be..
How do cultural values impact planning, operation, and decision making for international organizations?
How does a company quantify the value of SSRM? A. Develop a SSRM program with systems to link purchasing, financial strategy and lean organizations, and then measure the results. b. Create value and focus beyond the contract, improve supplier perform..
A Supersonic Burger fast-food franchise is considering adding drive-through service. Data collected at other Supersonic drive drive-throughs in the area indicate that customer arrivals follow a Poisson probability distribution, with a mean arrival ra..
part of project implementation or execution is having a human resources plan. what are the major components of a human
Based on your readings and research, discuss the two most important factors that impact human resources’ ability to properly staff an organization and/or forecast future employment needs. (Hint: these factors could be legal issues, diversity, technol..
Discuss examples of how the changing economic condition has called for qualified employees who are flexible and willing to deal with rapid and unstructured changes. Give examples of impacts of economic changes on employees' and employers' expectation..
Company: Fiat Electric Vehicles How does the firm use its strengths and competitive advantage to compete? Conduct a VRIO analysis to guide your evaluation of the firm's competitive analysis.
Candles can be produced at a rate of 36 boxes per day. The shop operates 20 days a month. Suppose that Demand is uniform throughout the month. Setup cost is $60 for a run also holding cost is $2 per box on a monthly basis.
Deliverable requirements addressed; understanding of material and writer's message and intent are clear
Pretend you are going to build a new system that automates or improves the interview process for a career service at a university. Develop a requirements definition for the new system. Include both fucntional and non-functional system requirements. P..
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