Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

In a retail store that sells office furniture, the financial report at the end of the year 2016 showed that the company has been losing market share. Preliminary analysis suggested that this lost is due to poor customer satisfaction during the product ordering process. As a Lean Six Sigma Green Belt, you have just been assigned a project to improve the process of quoting price and delivery for new office furniture to customers in this company. Answer the following question:

1. Study the following options and select the best among them which you think should be used to determine the possible sources of waste in this process. You are expected to very briefly discuss the value of each method first before selecting the best approach.

- A DOE study to determine sources of variation at the factory.

- A value stream map of the quoting process.

- A 2-sample t-test on process time before and after improvements.

- A comparison between what has been done in the past when sales have fallen and repeat those actions.

- A meeting with the owner to discuss what he/she thinks.

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92293589

Have any Question?


Related Questions in Operation Management

Rambotix company has two divisions the semiconductor

Rambotix Company has two divisions, the Semiconductor Division and the X-ray Division. The X-ray Division may purchase semiconductors from the Semiconductor Division or from outside suppliers. The Semiconductor Division ...

Proofreading to catch errorsafter you compose your message

Proofreading to Catch Errors After you compose your message, you need to proofread. The proofreading process may take longer than the composition process. You don’t want to spend a lot of time composing the message and t ...

Answer the following question analyze the technology

Answer the following Question : Analyze the technology involved in connecting hotels with potential guests and determine a key cause of inefficiency. Make at least one recommendation for addressing the inefficiency you i ...

Identify the given situations below as either expert reward

Identify the given situations below as either: expert, reward, legitimate, coercive or referent. A power can be used more than once. You will need to copy and paste the phrases below into a word document, fill in your re ...

1 describe the importance of williamsonrsquos work for the

1. Describe the importance of Williamson’s work for the healthcare supply chain. 2. Explain transaction-cost economics and how this concept relates to supply-chain management. 3. Demonstrate an understanding of the ten k ...

The equity premium puzzle originates from the observation

The equity premium puzzle originates from the observation that equity returns exceeded the risk-free rate to an extent that is inconsistent with reasonable levels of risk aversion—at least when average rates of return ar ...

Regulations and accountability strategic prioritiesyou

Regulations and Accountability / Strategic Priorities You have just been appointed the Director of Planning for Community Hospital, a 250-bed acute care facility. The Chief Executive Officer has asked you to analyze the ...

1 in baltimore maryland several police officers were

1. In Baltimore Maryland, several police officers were charged with various crimes in connection with the death of Freddie Gray. The officers that went to trial were either acquitted or the trial ended in a hung jury. Ul ...

Please solve the following problems related to inventory

Please solve the following problems related to Inventory Management 1. A produce distributor uses 2500 packing crates per year. The manager has assigned an annual carrying cost of $5 per crate. Ordering cost is $20. (a) ...

1 how does swot analysis set the stage for strategic

1. How does SWOT analysis set the stage for strategic planning?What are the strengths and limitation of SWOT Analysis?What are some differences between SWOT and GAP analysis? (250 words_No copy paste) 2. Why do healthcar ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As