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A Six Sigma method of eliminating production success reporting bias. Often, management and financial reporting can contain bias. When a sample of business processes is taken to determine production success, the most-successful part of a sample might be reported to the public and shareholders to paint a picture of success that is greater than reality. […] Read the full article →

Work sampling involves instantaneous observation of a worker at random intervals for a sufficient number of times for a period of time. At every observation, a note has to be made as to whether he is working or not working. From this information; an interval estimate for a given confidence level, has to be made […] Read the full article →

Centering your ideas around specific, measurable milestones. In today’s society, individuals hear an awful lot about “following their dreams” and are encouraged to “keep dreaming.” All the same, businesses constantly preach at their staff to “get motivated” and “strive to be the best” and to “hit those marks.” While this type of advice might sound […] Read the full article →

Job Design The organization of Job, the Job situation and the Job circumstances are structured in such a way that while maintaining or improving efficiency the job content accords as closely as possible with the capabilities and ambitions of the individual employee ensuring total integration of technical, economic and social aims. Job design aims at […] Read the full article →

Introduction Economic order quantity (EOQ) also known as Wilson Formula founded by Ford W. Harris in the year 1913 helps in determining the optimum level of inventory that needs to be ordered so that the total inventory cost is reduced. In any inventory model, whether continuous or fixed order quantity, whenever the inventory level reaches […] Read the full article →

Introduction to Outliers Outlier is a value that lies in a data series on its extremes, which is either very small or large and thus can affect the overall observation made from the data series. Outliers are also termed as extremes because they lie on the either end of a data series. Outliers are usually […] Read the full article →

1. INTRODUCTION Job shop scheduling is basically an optimization process in which ideal jobs are assigned to resources at particular times. Let there be ‘n’ jobs J1, J2, J3…..Jn. Let there be ‘m’ machines M1, M2, M3…..Mn… If below conditions are met, then it is said to be a flow shop sequencing problem. The order […] Read the full article →

1. INTRODUCTION Assembly line balancing is a production strategy that sets an intended rate of production to produce a particular product within a particular time frame. Also, the assembly line needs to be designed effectively and tasks needs to be distributed among workers, machines and work stations ensuring that every line segments in the production […] Read the full article →

Dashboard and Scorecard, both are automation tool represented graphically or as a structured report that provides “at-a-glance” information about the business performance by evaluating and measuring the crucial performance factors often termed as Key Performance Indicators (KPI) which helps management in taking important decision. Key Performance Indicator (KPI) Key Performance Indicators, also termed as Key […] Read the full article →

Inventory also referred as stocks are basically the goods and raw materials that any business would hold and are ready or will be ready for sale. Inventory Model Inventory model is a mathematical model that helps business in determining the optimum level of inventories that should be maintained in a production process, managing frequency of […] Read the full article →

The Seven Basic Tools of Quality (also known as 7 QC Tools) originated in Japan when the country was undergoing major quality revolution and had become a mandatory topic as part of Japanese’s industrial training program. These tools which comprised of simple graphical and statistical techniques were helpful in solving critical quality related issues. These […] Read the full article →

Criteria for plant layout evaluation Proper plant layout designs are one of the important steps during the construction of manufacturing industries because material flow distance and material handling cost are affected by plant layout designs. If proper layout designs are not adopted then material handling cost and material flow distance become high. Thus total manufacturing […] Read the full article →