Identify a cost reduction or performance improvement

Assignment Help Applied Statistics
Reference no: EM13716760

Identify a cost reduction or performance improvement opportunity in a real business (large or small) or in any organization to apply one of the techniques discussed in the course. Collect real data and be ready to defend your assumptions about the data (if any). The data collected by each team must include a complete description of the current environment including current costs or any other performance measures. Formulate the model and develop a solution. Prepare am implantation plan and try to get feedback from the selected organization about your plan. Submit a formal report to show what was done. The main body of the report should be concise and it should emphasize the key issues shown above. Use appendices to show your data and alternative scenario details. When delivering the PowerPoint presentation, make sure that you do not put too much material on one slide otherwise we will not be able to read it. Emphasize how you identified the opportunity, how you collected the data, and what are the major benefits of using the term project

 

Reference no: EM13716760

Questions Cloud

Determine the percent yield of lead (ii) sulfate : When a 55.0 mL sample of a 0.102 M potassium sulfate solution is mixed with 35.0 mL of a 0.114 M lead (II) acetate solution, a precipitation reaction occurs. The solid lead (II) sulfate is collected, dried, and found to have a mass of 1.01g. Deter..
The purpose of this simulation project : Individual Project The purpose of this simulation project is to provide you with an opportunity to use the POM-QM for Windows software to solve a forecasting problem. POM-QM for Windows software For this part of this project, you will need to use ..
Calculate the molarity m of al3+ in final solution : A 75.0 mL volume of 0.0902 M Al(NO3)3 is diluted with water to a volume of 1.00 L. Then a 0.000100 L volume of this new solution was diluted with water to a volume of 0.00750 L. Calculate the molarity (M) of Al3+ in the final solution.
Business research project : Using the scenario and two variables your learning team developed for the Week 2 Business Research Project Part 1 assignment, create a paper of no more than 700 words in which the goal is to submit a random sampling plan in such detail that ano..
Identify a cost reduction or performance improvement : Identify a cost reduction or performance improvement opportunity in a real business (large or small) or in any organization to apply one of the techniques discussed in the course. Collect real data and be ready to defend your assumptions ab..
Sixto sanchez is the owner of suburban stylists : 5. Sixto Sanchez is the owner of Suburban Stylists. He is evaluating the service level provided to walk-in customers. Because he is enrolled in an MBA program at Eastern University, Sixto decides to sample walk-in customers for the next two w..
Sophomore students organized a free raffle for prizes : 2. At a school pep rally, a group of sophomore students organized a free raffle for prizes. They claim that they put the names of all of the students in the school in the basket and that they randomly drew 36 names out of this basket. Of the pr..
The average monthly rent for one bedroom apartments : The average Monthly rent for one bedroom apartments in Chattanooga has been $700. Because of the downturn in the real estate market, it is believed that there has been a decrease in the average rental. State the null and alternative hypothesis
Imagine that you had been born the opposite sex : Part 1: Imagine that you had been born the opposite sex. Would your life thus far have been different? Do you think your future would be different than you now envision it?  If so, how?  Discuss two or three ways in which your life would be di..

Reviews

Write a Review

Applied Statistics Questions & Answers

  Examine statistical data

Examine statistical data consisting of records of car accidents on Victorian roads and freeways in 2012

  A traffic engineer is studying a stretch of road on a rural

A traffic engineer is studying a stretch of road on a rural highway. At his observation point, an average of 12 vehicles per hour pass. The vehicles are independent of each other. 1. What is the probability that fewer than 5 vehicles pass betwee..

  What do your results indicate

Use these data to test the null hypothesis of no difference in the use of sick days between younger and older adults - What do your results indicate

  Help an experiment is conducted in which 60 participants

an experiment is conducted in which 60 participants each fill out a personality test but not according to the way they

  Compare this to the binomial probability

1) A coin is flipped 14 times. Use the normal approximation to the binomial distribution to calculate the probability of a total of 4,5, or 6 heads. Compare this to the binomial probability.

  A decision maker worst option has an expected value

A decision maker's worst option has an expected value

  A new program is developed to enrich

a new program is developed to enrich thekindergarteneperience of children in prepararion doe first grade. hillmont

  The student government at a university conducted a study

The student government at a university conducted a study

  Evaluate the expected value of the total number of sales

Evaluate the expected value of the total number of sales

  One major company is known to be normally distributed

The shelf life of a battery produced by one major company is known to be Normally distributed, with a mean life of 4 years and a standard deviation of 1 years.

  Find probability that there are exactly 2 prescriptions

Find the probability that there are exactly 2 prescriptions for this drug in a given week and find the probability that there are no more than 5 prescriptions for this drug in a given week.

  Find probability that exactly 5 rats have recessive traits

Find the probability that exactly 5 rats have recessive traits and find the probability that no more than 9 rats have recessive traits.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd