Managing Personal Expenses Using Six Sigma Many people have experienced the pinch of money from time to time. Despite earning more income‚ expenses‚ as well as inflation and cost of living‚ also seem to be proportionally scaling to the same heights. While being frugal can help minimize expenses‚ it is more important to properly manage money. As a Black Belt‚ I decided to use Six Sigma to aid in managing my money – after all‚ Six Sigma is widely accepted and has been implemented across various
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Process Chart – Knowledge Areas and Process Groups • PMI Process Input-Tools/Techniques-Output slides (ordered by Knowledge Area) • I-TT-O listing per PMBOK v4 • Notes from PMBOK v4 and Heldman text ** • Study Tools and Exercises • Formulas and Diagrams • AOA/ADM Exercises (2) • AON/PDM Exercises (3) • 5 x 9 Process Chart – Knowledge Areas and Process Groups • General activity flow ** PMP – Project Management Professional Exam STUDY GUIDE – Fifth Edition‚ Kim Heldman‚ 2009‚ ISBN: 978-0470-45558-6
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FINAL PROJECT REPORT IMPROVING LOGISTICS OPERATIONS IN FOOD PROVISIONING i ABSTRACT The aim of the project study is to address the unnecessary meals expenditure (wastages) currently incurred by the affected organisation. The objectives of the project can be summarised as follows: (a) identifying and examining the possible sources of food wastages in the organisation‚ (b) evaluating the end-to-end process using the Lean Six Sigma (LSS) and forecasting methods which can help to reduce
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scope. This implies looking at the process and discover where the bottlenecks are‚ from where to where a process reaches and then‚ using flowcharts and diagrams to map out and document the process. In the case of Custom Molds‚ the management of the supply chain is faulty. Metrics‚ the following step‚ helps quantify problems and usually Histograms‚ Pareto charts‚ Cause-and-effect charts‚ are useful tools in identifying which are the 20% of the elements that cause 80% of the problems. Only after completing
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3499 17 3500 – 3999 5 Total 100 Number of Weeks in Top 60 Frequency (or Percentage) 0 – 4 33 5 – 9 28 10 – 14 18 15 – 19 15 20 – 24 5 25 – 29 1 Total 100 Histograms The histograms are based upon the distributions described above. Opening Weekend Gross Sales. The histograms show that the distribution is skewed to the right. Many motion pictures have somewhat low opening weekend gross sales‚ while a relatively few (7%) have an opening weekend gross
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whether of a group‚ a community‚ or a society‚ and there is no "social welfare" apart from the "welfare" associated with its individual units. Welfare economics typically takes individual preferences as given and stipulates a welfare improvement in Pareto efficiency terms from social state A to social state B if at least one person prefers B and no one else opposes it. There is no requirement of a unique quantitative measure of the welfare improvement implied by this. Another aspect of welfare treats
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QUIZ 2 IN MGT05: OPERATIONS MANAGEMENT PROJECT MANAGEMENT 1) Which of the following statements regarding Bechtel is true? A) Its competitive advantage is project management. B) Bechtel was the construction contractor for the Hoover Dam. C) While helping to rebuild Iraq‚ Bechtel’s crews had to travel under armed escort. D) Bechtel’s procurement program is global in nature. E) All of the above are true. 2) Which of the following statements about Bechtel is true? A) Even though Bechtel
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the relationships between the steps. It also facilitates the process of continuos improvement. Because it can help for the better understanding of the processes and it will illustrate how the process works. Compare the use of check sheets and pareto diagrams. Discuss the advantages and disadvantages of each under which
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Trigonometry – for triangles which are not right-angled 14. Vectors 15. Similar Triangles 16. Congruent Triangles 17. Scale Factors – for volumes & surface areas of similar shapes (2D or 3D) 18. Stratified Samples 19. Histograms 20. Tree Diagrams 21. Mixed Questions NC = non-calculator question GCSE Mathematics: Surds |Grade Criteria |Can Do
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Introduction The old adage ‘what gets measured improves’ is reflected in the dramatic increase in the range and scope of data being collected today. We are barraged with statistics on sports results‚ economic indicators and politics: people are becoming familiar with scoring averages‚ inflation rates and voter satisfaction surveys. The advent of low-cost personal computers combined with the widespread availability of powerful computing software‚ such as Excel‚ means that many people have both
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