7. Internal process approach focuses on: O Input Transformation O Output O Feedback O None of the Above
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- 1. What is the structured approach to process analysis? 2. What is process modeling? 3. We reviewed six types of process model diagrams. How their applications are different?15. Identify various types of Process Strategies with suitable example of each of them. Also, compare the characteristics of these strategies by following FIVE different ways: a. Equipment used b. Job instructions c. Raw-material inventories d. Work-in-process e. Fixed costs4. What is meant by the expressions order winners and order qualifiers? What was the order winner(s) for your last purchase of a product or service?
- Wellplace Insurance Company processes insurance policy applications in batches of 50. One day, they had ten batches to process and, after inspection, it was found that four batches had nonconforming policies. One batch had three nonconformances, another had five, another had two, and another had one nonconformance. a. What were the proportion nonconforming for each batch? b. What were the nonconformances per unit (NPU) in total for the ten batches?Kindly explain the flow of data on the diagram.The break-even analysis is a standard approachto determine alternative processes A break-even analysis chartusually present alternative __________ and __________ based uponthe units produced or sold.
- A company receives parts from suppliers to be used in its manufacturing departments. The quality control department must perform two operation when shipments are received:i) Operation A-draw a random sample, package, and deliver to testing, andii) Operation B-test the materials and issue a disposition reportThere are currently six shipments waiting to be processed. The time estimates for processing these six shipments through quality control are:Shipment Operation A (hours) Operation B (hours)1 1.5 1.02 1.1 2.73 1.2 1.44 0.7…This is how system analytics may be used to discuss the BYOD trend and how it impacts an organization.Examples of production departments include all of the following excepta. assemblyb. custodialc. machiningd. molding
- What is Transactional VSM a. Testing VSM b. Development VSM c. Operational VSM d. Shop floor VSMWhat are the major aspects of process management ?Rick DeNeefe, manager of the Golden Valley Bank creditauthorization department, recently noticed that a majorcompetitor was advertising that applications for equity loanscould be approved within two working days. Because fastcredit approval was a competitive priority, DeNeefe wantedto see how well his department was doing relative to thecompetitor’s. Golden Valley stamps each application withthe date and time it is received and again when a decision ismade. A total of 99 applications were received in March. Thetime required for each decision, rounded to the nearest hour,is shown in the following table. Golden Valley’s employeeswork 8 hours per day a. Draw a bar chart for these data.b. Analyze the data. How is Golden Valley Bank doing withregard to this competitive priority?