Spreadsheet Nighthawk Airlines measured their numbers of lost bags in one month and found that they had lost 40 bags for 10,000 customers. If the average number of bags per customer is 1.3, use the Six Sigma Excel template to find at what sigma level is the airline operating. Do not round intermediate calculations. Round your answer to two decimal places.
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A: Rate of return = Annual IncomeFunds invested×100 Rate of return = 600001200000×100=0.05×100=5%
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- Nighthawk Airlines measured their numbers of lost bags in one month and found that they had lost 50 bags for 10,000 customers. If the average number of bags per customer is 1.5, use the Six Sigma Excel template in MindTap to find at what sigma level is the airline operating. Do not round intermediate calculations. Round your answer to two decimal places.Southwest airlines measured their numbers of lost bags in one month and found that they had lost 55 bags for 30,000 customers. If the average number of bags per customer is 3.4, use the Six Sigma Excel template to find at what sigma level the airline is operating.As a management consultant, you are familiar with several tools and techniques that can be implemented to improve quality, such as outsourcing, reduced cycle time, statistical process control, Six Sigma, and quality standards (ISO 9000 and ISO 14000). The manager of We Knead Pizza, a pizzeria with four locations, has requested your input on improving the quality of food and consistency of service in her restaurants.In your response, (1) describe at least three techniques that might be used by We Knead Pizza. Then, (2) give a specific example of how each technique would be implemented.
- Non-financial performance indicators Identifying the critical success factors of a business is a key element in determining the non-financial performance indicators. Select an organization that you are familiar with, define the organization’s objectives, and identify two (2) critical success factors, and recommend one non-financial performance indicator, which must be measurable (expressed in a numerical formula). Note: the organization could be a business, a restaurant, a shop, a school club, as long as the organization’sobjectives are clear.If 30 percent of the patrons eating at your restaurant say they won’t eat there again, what are 2 steps would you take to define the problems that need to be solved, measure the relevant performance variables, and then analyze the root cause of the problems?explain well the extra stakeholders which include in 540-degreefeedback? State in detail the benefits of using 540-degree feedback instead 360 degrees, keepin mind the strategic point of view of the organization for these benefits.
- Case study about Target is provided below. Students are required to read the case, watch the video in the link provided and answer the following questions. No more than 200 words for each question. Case study: Designer collections, plastic carts, and that bright red color: How Target gets you to spend money.Earlier this year, Target became the seventh-largest retailer by sales in the U.S. It had a whopping $78.1 billion in revenue in 2019, and despite difficulties presented by the coronavirus pandemic, profits rose more than 80% year over year in the fiscal second quarter of 2020 with record online business. Since its debut in Roseville, Minnesota, in 1962, Target has grown to 1,880 stores across all 50 states and now has a devoted fanbase who lovingly refer to the brand as “Tarjay.” How does Target keep its shoppers hooked? The retail giant has revolutionised the shopping experience. From the width of the aisles to the placement of dollar bins, everything is carefully designed to…John Wooden’s Pyramid of Success (POS) – Describe 2 attributes in the POS that you feel is important to your personal growth as a manager and why.Imagine that you are the manager of a housekeeping service. Specifically describe how you would use the concepts of (1) scope of the firm, (2) horizontal integration, and (3) vertical integration to build and achieve a competitive advantage over rival housekeeping services.
- Munson Performance Auto, Inc., modifies 375 autosper year. The manager, Adam Munson, is interested in obtaininga measure of overall performance. He has asked you to providehim with a multifactor measure of last year's performanceas a benchmark for future comparison. You have assembled thefollowing data. Resource inputs were labor, I 0,000 hours; 500suspension and engine modification kits; and energy, 100,000kilowatt-hours. Average labor cost last year was $20 per hour,kits cost $ 1,000 each, and energy costs were $3 per kilowatt-hour.What do you teU Mr. Munson?What is benchmarking? (please do not copy answers on the internet, thank you)In Step 3A of the Problem Solving Process, it is important to understand the problem. All off the following are activities for beggining to understand the problem EXCEPT 1. speak with people in the affected process (employees and process owners) to get their input on the issues of the problem situation 2. schedule a brainstorming and cause-and effect meeting 3. go to see the actual process that has aproblem to understand the work,ask questions , and learn ( if at all possible ) 4. gather data about the problem from information that already exists to review what is already known about the problem could you plese explain the answer .thank you