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Viktor [21]
3 years ago
11

Six Sigma includes use of tools such as I. descriptive statistics, run charts, and process control charts. II. check sheets, Par

eto charts, and benchmarking. III. Brainstorming, force field analysis, and cause and effect diagrams. IV. counter-seasonal production scheduling.
Business
1 answer:
BabaBlast [244]3 years ago
6 0

Answer: I, II, and III only

Explanation:

Here is the complete question:

Six Sigma includes use of tools such as

I. descriptive statistics, run charts, and process control charts.

II. check sheets, Pareto charts, and benchmarking.

III. Brainstorming, force field analysis, and cause and effect diagrams.

IV. counter-seasonal production scheduling.

Which of the options is correct?

1) I, II, and III only

2) IV only

3) I and II only

4) none of the above

5) all of the above

Answer:

Lean Six Sigma is a method which relies on collaborative team effort in order to improve performance through the removal of waste and reduction in variation.

In lean six sigma, the control chart and run charts are used to know whether the overall process utilised is resulting in the best possible outcome. This is done through the measurement of variation.

Benchmarking is also used in lean six sigma by organizations in comparidon of their output performance to that of a standard. Brainstorming is the most valuable stage during the Define phase, in lean six sigma especially when using tools such as failure mode and effects analysis.

This shows that options I, II and III are correct, therefore option 1 is the right answer

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John likes Coca-Cola. After consuming one Coke, John has a total utility of 10 utils. After two Cokes, he has a total utility of
gulaghasi [49]

Answer:

No, he doesn't show diminishing marginal utility. Yes, he shows increasing marginal utility for Coke.

Explanation:

The law of diminishing returns states that the marginal or addition satisfaction or utility derived from the consumption of a product increase until a pint and then starts to  decrease.

Units         Total utility       Marginal utility

1                    10                          10        

2                   25                         15                    

3                   50                         25

After 3 bottles, John does not show diminishing marginal utility as the marginal utility (as shown above) continues to increase with each additional bottle of coke consumed.              

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3 years ago
What is plagiarism? a. Stealing a digital image through a file-sharing network. c. Claiming someone else's written work as your
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The answer is ♦<span>Claiming someone else's written work as your own.♦</span>
3 0
3 years ago
Read 2 more answers
The search for and utilization of the best methods used by competitors and non-competitors that lead to superior performance is
eimsori [14]

Answer:

Bench-marking

Explanation:

Benchmarking is the process that works for comparing the products, services, etc by the other companies who are dealing with the same type of business that refers to the best in the industry or performing superior performance.

It could be done either by the cost, quality, time, quantity, etc

The aim of doing this process is to gain the competitive advantage so that they get to know their strength, weakness, opportunities, and threats

7 0
3 years ago
Carlos opens a dry cleaning store during the year. He invests $30,000 of his own money and borrows $60,000 from a local bank. He
kvv77 [185]

Answer:

$30,000

$6,000

Explanation:

Carlos risk = $30,000

Carlos risk of $30,000 is the amount of funds which he had invested in the course of his business which is why Carlos is not considered at-risk for the nonrecourse loan reason been that carlos is not found liable because the loan was not used in the business which makes him to have a risk of $30,000.

$24,000 loss that occured will reduces Carlos’ amount at-risk to $6,000

($30,000 - $24,000)

=$6,000

5 0
3 years ago
If 7000 dollars is invested in a bank account at an interest rate of 7 per cent per year, Find the amount in the bank after 14 y
Harlamova29_29 [7]

Answer:

1. Interest compounded annually = $18,049.74

2. Interest compounded quarterly = $18,493.77

3. Interest compounded Monthly = $18,598.16

4. Interest compounded continuously = $18,651.19

Explanation:

First let me state the formula for compound interest:

The future value of a certain amount which is compounded is the total amount (Principal + interest) on the amount of money, after compound interests have been applied, and this is shown below:

FV = PV (1+\frac{r}{n} )^{n*t}

where:

FV = Future value

PV = Present value = $7,000

r = interest rate in decimal = 0.07

n = number of compounding periods per year

t = compounding period in years = 14

For interests compounded continuously, the Future value is given as:

FV = PV × e^{r*t}

where

e is a mathematical constant which is = 2.7183

Now to calculate each on the compounding periods one after the other:

1. Interest compounded annually:

here n (number of compounding periods annually) = 1

Therefore,

FV = 7,000 × (1+\frac{0.07}{1})^{14}

FV = 7,000 × 1.07^{14} = $18,049.74

2. Interest compounded quarterly:

here, n = 3 ( there are 4 quarters in a year)

FV = 7,000 × (1+\frac{0.07}{4} )^{4*14}

FV = 7,000 × 1.0175^{56} = $18,493.77

3. Interest compounded Monthly:

here n = 12 ( 12 months in a year)

FV = 7,000 × (1+\frac{0.07}{12} )^{12*14}

FV = 7,000 × 1.005833^{168} = $18,598.16

4. Interests compounded continuously:

FV = PV × e^{0.07 * 14}

FV = 7,000 × 2.66446 = $18,651.19

3 0
3 years ago
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