A store’s demand figures are given in the table. According to this, what is the linear regression forecast for Week 12?
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A store’s demand figures are given in the table. According to this, what is the linear regression
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- 31. among the following variances. which of them does not need a corrective action? a. 200,000 b. 50,000 c. -750,000 d. 0Vilfredo Pareto was a famous engineer/economist in the 19th and early 20th centuries. He reportedly expressed this 80/20 Rule: 80% of all progress results from 20% of the actions taken. The Pareto Diagram, also called a Juran Diagram, depicts a variant 80/20 Rule: 80% of all production problems come from 20% of the problem areas. a. What kind of statistical chart is the Pareto Diagram? ____ (enter H for histogram, P for probability distribution, T for a Taguchi chart, A for all three of these. N for none of these. b. The value of the Pareto Diagram is its highlighting the areas causing 80% of quality problems. ____ (enter T for true or F for false)As part of an insurance company’s training program, participants learn how to conduct an analysis of clients’ insurability. The goal is to have participants achieve a time in the range of 30 to 45minutes. Test results for three participants were: Armand, a mean of 38 minutes and a standarddeviation of 3 minutes; Jerry, a mean of 37 minutes and a standard deviation of 2.5 minutes; andMelissa, a mean of 37.5 minutes and a standard deviation of 1.8 minutes.a. Which of the participants would you judge to be capable? Explain.b. Can the value of the Cpk exceed the value of Cp for a given participant? Explain.
- Suppose that each engine can be inspected before theflight. After inspection, each engine is labeled as being ineither good or bad condition. You are given thatP(inspection says engine is in good condition | engine willfail) .001P(inspection says engine is in bad condition | engine willfail) .999P(inspection says engine is in good condition | engine willnot fail) .995 P(inspection says engine is in bad condition | engine willnot fail) .005 a If the inspection indicates the engine is in bad con-dition, what is the probability that the engine will fail on the flight?b If an inspector randomly inspects an engine (that is,with probability .001 she chooses an engine that is aboutto fail, and with probability .999 she chooses an enginethat is not about to fail), what is the probability that shewill make an error in her evaluation of the engine?5. Elton Mayo is best associated with the Hawthorne studies which were conducted at the Hawthorn plant of Western Electric in Cicero, Illinois?a. TRUE b. FALSE6. By definition, an objective deal with achieving a measurable result with due regard to time.a.True b. FalseCase study Training at Hailey’s Construction Shobana, Hailey’s Construction, Sales Manager, read the memo she has just received from Kavelan , the Training Manager, and said to herself,” No way! I’m not going to let Kavelan get away with this. Last month, hhe insisted that 15 of the salespeople spend three days on a course on Quality Control conducted by a trainer. I had my hesitations, but I sent them anyway. On their return, they grumbled constantly about what a bore it was and how their time had been wasted because the content was totally irrelevant to their jobs. Now Kavelan wants another 10 participants. Well, he can just find them somewhere else!” Question 2 Elaborate what should the Training Manager do to ensure that the managers of every department willingly send their staff for the training programmes. include example also
- Case Study Training at Hailey’s Construction Shobana, Hailey’s Construction, Sales Manager, read the memo she has just received from Kavelan , the Training Manager, and said to herself,” No way! I’m not going to let Kavelan get away with this. Last month, hhe insisted that 15 of the salespeople spend three days on a course on Quality Control conducted by a trainer. I had my hesitations, but I sent them anyway. On their return, they grumbled constantly about what a bore it was and how their time had been wasted because the content was totally irrelevant to their jobs. Now Kavelan wants another 10 participants. Well, he can just find them somewhere else!” Question 1 Describe the mistakes Hailey’s Construction Training Manager made6. List and explain in detail why we include disturbance term or error term in the model?What is the problem's augmented form? What is the significance of the name?
- As the acceptable level of detection risk decreases, the auditor may do one or moreof the following except change the(1) nature of audit procedures to more effective procedures.(2) timing of audit procedures, by perhaps performing them at year-end rather thanan interim date.(3) extent of audit procedures, by perhaps using larger sample sizes.(4) assurances provided by audit procedures to a lower level24. The tool to help brainstorm possible contingencies associated with the implementation of some improvement is_____ ( shoose) a. The process decision program chart. Om b. The matrix diagram. c. The affinity diagram. d. The process map.BSOP 588 Managing QualityAll Assignments Course Projects, Midterm and Final ExamWeek 2 Course Project:BSOP 588 Week 2 Project Proposal (Toyota Motor Corporation)Week 3 Assignments:Week 3 Paper; Measuring Customer Service – MCS (Jan 2013)Week 3 Paper; Measuring Customer Satisfaction (July 2014)Week 4 Midterm ExamSET 1Page 1Question (TCO A) Compare and contrast the evolution of quality and the role it played in the management of U.S. and Japanese business firms from the 1950s to the present.Question (TCO B) Compare and contrast the following definitions of quality. Definition 1: Quality is the totality of features and characteristics of a product or service that bears on its ability to satisfy given needs. Definition 2: Quality is meeting or exceeding customer expectations.Question (TCO A) Explain the three core principles of total quality.Question (TCO H) Identify and discuss five differences between service and manufacturing organizations.Question (TCO B) Cite two ways that the…