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Use the lean concept to find ways to eliminate waste and improve a process
In Excel calculate the defined process metrics including variation and process capability develop and display a control chart for the process
The control chart and process metrics using Statistical Process Control (SPC) methods. Determine whether the process could benefit from the use of Six Sigma, Lean, or other tools. (Include all calculation and charts)
- A summary of the Process Evaluation (using either Lean or SPC or Six Sigma).
- A summary of Evaluation of Control Chart and Process metrics based on SPC methods.
- A summary of your evaluation of whether the process would benefit from the use of Six Sigma, Lean or other tools.
- A description of the SPC project and recommendations for improvements.
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Scuba Supply Company is considering making an investment of $1,000,000 and estimates that the result of the investment will yield the following returns over the next five years: Year 1 ($500,000) - a loss Year 2 $200,000 Year 3 $610,000 Year 4 $740,0..
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