Preview

statisics GBS 221 Hw

Good Essays
Open Document
Open Document
1359 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
statisics GBS 221 Hw
Q: Is the PIRON Software is in control or out of control in the service performance for the past six months?

The PIRON Software Company currently develops marking software for organizations. The company has been gathering data on the performance of their software over a period of the last six months. In order to do so there is a wide arrange of different tactics the company can choice to look at their company. However, the easiest way in my opinion would be to use to use a control chart. A control chart is a graph that is used to study the how a process changes over time. That is the exact thing that the company is trying to find out.
The first step in finding weather they are out or in control is finding the LCL and UCL. This are the lower and upper limits of the chart. The first step in finding those to variables is to find R using the equation provided in the book. With that you can solve for LCL and UCL. The final step is to plug in the values and construct the graph itself. To get second conformation I also conducted a graph for the mean of X. With this information I was able to figure out that the process is out of control because the X mean chart has values outside the control limits, and the R-chart has a fairly long stance above the centerline.

The PIRON Software Company currently develops marking software for organizations. The company has been gathering data on the performance of their software over a period of the last six months. In order to do so there is a wide arrange of different tactics the company can choice to look at their company. However, the easiest way in my opinion would be to use to use a control chart. A control chart is a graph that is used to study the how a process changes over time. That is the exact thing that the company is trying to find out.
The first step in finding weather they are out or in control is finding the LCL and UCL. This are the lower and upper limits of the chart. The first step in finding those to

You May Also Find These Documents Helpful

  • Satisfactory Essays

    1. What have you observed that affects the process? Does the chart indicate that the process is operating the way it did when you first collected data?…

    • 492 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Unit 5 P1

    • 443 Words
    • 2 Pages

    e) measurement of financial performance (gross profit, net profit, value owed to and by the business) N>B> Find out if M+S is making a profit or a loss and find up to date data…

    • 443 Words
    • 2 Pages
    Satisfactory Essays
  • Best Essays

    PESTEL analysis template would be the first thing that a manager could use to measure recent…

    • 3172 Words
    • 11 Pages
    Best Essays
  • Good Essays

    Sfr Deming System

    • 1433 Words
    • 6 Pages

    (2015) maintains Process Control Charts are the best way to measure performance, enabling managers to view data (e.g. number of fire deaths) in one chart, data shows natural fluctuations and areas requiring improvement. These charts are superior to binary comparisons and league tables used by both organisations to measure performance. Binary comparisons use no additional background data necessary to convey significant differences. League tables do not account for individual differences and successes, averages are used. Therefore, data is not representative of their overall performance. Both performance indicators have caused misguided reactions by managers, which could have been avoided by using more appropriate performance…

    • 1433 Words
    • 6 Pages
    Good Essays
  • Satisfactory Essays

    Valuation of Genus Plc.

    • 363 Words
    • 2 Pages

    Firstly, the firm’s profitability, it was showed on the return on equity, and it can show that how well the managers did in the past year.…

    • 363 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    ACC 501 Case 3

    • 664 Words
    • 3 Pages

    Assess the financial position of your company and compare it to one of its competitors. The emphasis is on cash flow for this analysis.…

    • 664 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Control Charts

    • 777 Words
    • 4 Pages

    Control charts in simpler terms are graphs used to study how a process changes over time. Data are plotted in time order. A control chart consists of a central line for the average, an upper line for the upper control limit and a lower line for the lower control limit. These lines are determined from historical data. It includes points representing a statistic of measurements including things like mean, range or proportion of a quality characteristic in samples taken from the process at different times the data. By comparing current data to these historical lines, one can draw conclusions about whether the process variation is consistent (in control) or is unpredictable (out of control). The standard or standard deviation of the statistic is also calculated using all the samples. The chart may have other optional features, including labels such as upper and lower warning limits, drawn as separate lines, typically two standard errors above and below the centre line. When interpreting control charts, we must understand that it represents a picture of a process overtime. To effectively use control charts, one must be able to interpret the picture.…

    • 777 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    After inputting the data it is noted that X-Double Bar is 5.1 and that R-Bar is 1.08 Looking at the charts for the first part of the problem it is noticed that Samples 19 (6.12) and 21(5.973) are above the Upper Control Limit (5.89) of the X-Bar chart. For the R-Bar chart it is noted that Sample 18 (2.74) falls outside of the Upper Control Limit (2.472). By removing these samples, the following data and charts have changed.…

    • 207 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    To conclude, it is evident that the company is experiencing different problems that need to be solved for purposes of realizing better results and profits from the operations of the company. It is on this note that this paper has described the major problem experienced in the company, the best data and sample collection techniques and the methods that can be used to effectively know that the data collection techniques will give valid data. As such, if the above-mentioned elements are considered, then it will be very easy to carry out the study and solve the problem experienced by the company once and for…

    • 1085 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Business strategy Carlsberg Group’s members: Alexandra Turlin/ student number: 50907 Maxence Malaquin/ student number: 50801 (Laura Pèrez Martos) Supervisor: Poul Wolffsen Year 2012/2013 Student number : 50907 & 50801 - 1 The content page…

    • 13494 Words
    • 54 Pages
    Powerful Essays
  • Powerful Essays

    Corporate performance can be defined as fundamental measures of organizational aptitude used to assess the “health” of the organization and to provide focused direction to operations while supporting managers. In order to measure the company’s intangible assets such as customer relationships, internal processes, and employee learning and development while aligning the corporation’s overall business strategy, statistical analysis of performance measurement data must be utilized.…

    • 2022 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    Rewards System at Tcs

    • 5871 Words
    • 24 Pages

    Determination of key measurements of the performance or behavior, based on the individual or groups previous achievements.…

    • 5871 Words
    • 24 Pages
    Good Essays
  • Satisfactory Essays

    An organization has several different options in measuring the Analysis and these are often done by pen and paper and can be as easy as a brief survey. The survey can ask employees minimal questions and still be very successful in making sure the need is being met. An example of this is, at the end of each of our classes we all have the opportunity to rate our classes, instructor, and our advisors. By doing this the University is able to see if what is being taught in the class is effective, as well as making sure that the advisors are assisting the students as I’m sure their job descriptions require. Without these surveys the University would be left in the dark and have a hard time improving being they would not know what needed improved.…

    • 454 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    2. The bar chart below shows the results of a survey conducted by a personnel department at a major company. The survey was carried out on two groups of workers: those aged from 18-30 and those aged 45-60, and shows factors affecting their work performance.…

    • 533 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    awl words

    • 6035 Words
    • 45 Pages

    1 Academic Word List: Kadkhodaee 1. Analysis The newspaper printed an analysis of each candidate's positions. Approach…

    • 6035 Words
    • 45 Pages
    Good Essays

Related Topics