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padilas [110]
3 years ago
12

Six Sigma programs: Group of answer choices suggest that all activities can be controlled, employee empowerment is the best cont

rol tool, and 100 percent control is possible. consist of a disciplined, statistics-based system aimed at producing not more than 2.5 defects per million iterations for a manufacturing or assembly process. All of these. are based on three principles: (1) all work is a statistically controllable process; (2) no well-controlled process allows variability; and (3) defect-free work requires tight statistical controls. utilize advanced statistical methods to improve quality by reducing defects and variability in the performance of business processes.
Business
1 answer:
klio [65]3 years ago
3 0

Answer: utilize advanced statistical methods to improve quality by reducing defects and variability in the performance of business processes.

Explanation:

Six Sigma simply refers to a set of tools that are utilized for the process improvement. They are the management techniques that are used for the enhancement of the business processes through the reduction in the occurence of an error. This helps in boosting the performance and the improvement in the company's profits, and as well boosting the morale of employees.

From the options given, the answer is that six sigma programs "utilize advanced statistical methods to improve quality by reducing defects and variability in the performance of business processes".

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Students are going through a three-step process to obtain their ID cards.
IRINA_888 [86]

Answer:

The correct answer is both A and C

Explanation:

Solution

Given that:

The Process 1 Registration, Capacity = 0.5 registration per minute (1/2)

The Process 2 Cashier, Capacity = 1*3 / 10 = 3/10 = 0.3 payments per minute

The Process 3 , Photo ID, Capacity = 1*4 / 20 = 0.2 ID per minute

Now

The Time taken for process a unit is minimum of Demand rate / Lowest process capacity

so, the flow rate = 0.2 student per minute or 5 minute per student

Thus,

The total time = 20 * 5 = 100 minutes.

4 0
4 years ago
Consider two scenarios for a nation's economic growth. Scenario A has real GDP growing at an average annual rate of 2%; scenario
const2013 [10]

Answer: b. 36 years under scenario A, versus 18 years under scenario B.

Explanation:

The Rule of 72 is a rule in finance that will allows for the calculation of how long it will take for an investment to double given its interest rate.

The time is calculated by dividing 72 by the interest rate in question.

Scenario A

= 72/2

= 36 years.

Scenario B

= 72/4

= 18 years.

6 0
3 years ago
Calculate the amount of depreciation to report during the year ended December 31, 2013, for equipment that was purchased at a co
alukav5142 [94]

Answer:

1) Straightline   $ 2000

2) Double-Declining-Balance  $ 4000

3) Units of Production  $ 2000

Explanation:

Cost of equipment $43,000

Residual value of equipment  $3,000

Useful life of equipment 5 years

Formula:

1) Straight Line Method Depreciation = Cost - Salvage Value/ Useful Life

Straight Line Method Depreciation = $43,000 -$3,000/5=$ 8000

The amount of depreciation using Straight Line Method Depreciation for the year ended December 31, 2013, is

($ 8000/12)*3= $ 2000

The straight Line depreciation expense for 3 months is $ 2000

2) Straight Line Rate= 100%

Useful Life= 100%/5 = 20%

Double Declining Method = 2 * Straight Line Rate

Double Declining Method = 2 * Straight Line Rate= 2*20%= 40%

Year     Book Value      Dep          Dep               Accu.       Book

                                      Rate         Expense      Dep.          Value

1           40,000             40              16000          16000         24000

Depreciation Expense for the whole year would be $ 16000.

Depreciation expense using double declining method for 3 months would be = ($ 16000/12 )*3= $ 4000

3) Depreciation per unit= (Cost -Salvage value) / Total units of production

Depreciation per unit=  $43,000 -$3,000/20,000=40,000/20,000=2

Depreciation Expense = Depreciation per unit * No of Units Produced

Depreciation Expense =  2*1000= $ 2000

Depreciation Expense using  Units of Production method would be $ 2000 for 3 months. i.e on 31st Oct 2013

3 0
3 years ago
Roger's car battery dies while he is on his way to an important meeting. which step is roger at in the consumer buying process
ozzi

Answer:

Roger has just recognized that he has a problem or an unsatisfied need.

Explanation:

The first step in the consumer buying process is recognizing a problem or unsatisfied need. The customer's reality crashes with the customer's desires. At this point the customer realizes that he/she has a good reason to buy something, since he must satisfy his/her unsatisfied need or solve the problem.

7 0
3 years ago
On a separate sheet of paper, copy the multi- flow map below. organize information on how firms determine their total costs by c
larisa86 [58]

Answer:

The correct answer is the definition of fixed and variable costs.

Explanation:

The cost of production of a company can be subdivided into the following elements: rents, wages and wages, depreciation of capital goods (machinery and equipment, etc.), the cost of raw materials, interest on operating capital , insurance, contributions and other miscellaneous expenses. Different types of costs can be grouped into two categories: fixed costs and variable costs.

Fixed costs

The fixed costs are those that the company necessarily has to incur when starting its operations. They are defined as costs because in the short and intermediate term they remain constant at different levels of production. As an example of these fixed costs, executive salaries, rents, interest, insurance premiums, depreciation of machinery and equipment and property taxes are identified.

Variable costs

Variable costs are those that vary with the volume of production. The total variable cost moves in the same direction of the production level. The cost of raw material and the cost of labor are the most important elements of variable cost.

The decision to increase the level of production means the use of more raw material and more workers, so the total variable cost tends to increase production. The variable costs are, then, those that vary as production varies.

5 0
3 years ago
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