Assignment 1 How organizations use information Kieran Westgarth Contents What is Information? 2 Qualitative 2 Quantitative 2 Primary 2 Secondary 3 How is information used? 3 Sources of Information 3 External Sources 4 Internal Sources 4 Reliability of Data Sources 5 Good information 5 Valid 5 Reliable 5 Timely 6 Fit for Purpose 6 Accessible 6 Cost-effective 6 Sufficiently Accurate 7 Relevant 7 Having the right level of detail 7 From a source in which the user has confidence 7 Understandable
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APPENDIX Statistical Tables Table 1 Standard Normal Curve Areas Table 2 Percentage Points of Student’s t Distribution Table 3 t Test Type II Error Curves Table 4 Percentage Points of Sign Test: C␣‚n Table 5 Percentage Points of Wilcoxon Rank Sum Test: TL and TU Table 6 Percentage Points of Wilcoxon Signed-Rank Test Table 7 Percentage Points of Chi-Square Distribution: 2␣ Table 8 Percentage Points of F Distribution: F␣ Table 9 Values of 2 Arcsin ͙ ˆ Table 10 Percentage Points
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|2001 |124‚400 |2006 |280‚900 | Note: Add last three digits of your ID with Net Sales i) Determine the least square equation. On the basis of this information‚ what are the estimated sales for 2010? ii) Plot Net Sales and Trend Line Answer Using Excel we get‚ |Year |Net sales($) |Time‚ t |ID(207)+Net sales($) |Y= a+bt | |1997
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MBA Business Statistics Homework 1 Reminders: 1. Due date: Jan-14-2012 (Saturday) in class. 2. Please submit only the hardcopy. 3. Please show the names and ID numbers of all your group members on the cover page. Please also indicate your session (DSME5110W). 1. Problem 2.1 (p. 33) The file P02_01.xlsx indicates the gender and nationality of the MBA incoming class in two successive years at the Kelley School of Business at Indiana University. a. For each year‚ create tables of counts
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source of information on Demography (Population characterstics)‚ Economic Activity‚ Literacy and Education‚ Housing & Household Amenities‚ Urbanisation‚ Fertility and Mortality‚ Scheduled Castes and Scheduled Tribes‚ Language‚ Religion‚ Migration‚ Disability and many other socio-cultural and demographic data since 1872. Census 2011 will be the 15th National Census of the Country. This is the only source of primary data in the village ‚town and ward level‚ It provides valuable information for planning
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Production System designed by Sakichi Toyoda‚ lean manufacturing centers around placing small stockpiles of inventory in strategic locations around the assembly line‚ instead of in centralized warehouses. These small stockpiles are known as kanban‚ and the use of the kanban significantly lowers waste and enhances productivity on the factory floor. In addition to eliminating waste‚ lean manufacturing seeks to provide optimum quality by building in a method whereby each part is examined immediately after manufacture
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Management information system use by KFC Management Information Systems (MIS) is the term given to the discipline focused on the integration of computer systems with the aims and objectives on an organization. Each KFC outlet use MIS in accounting‚ knowing production‚ and very useful in formulating HR policies which helps them to rate their employees. The development and management of information technology tools assists executives and the general workforce in performing any tasks related
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Statistical Process Control Statistical Monitoring of Processes to Detect Special Causes of Variation Lecture Outline • • • • • • • Basics of Statistical Process Control Control Charts Control Charts for Attributes Control Charts for Variables Control Chart Patterns SPC with Excel Process Capability Statistical QA Approaches Statistical process control (SPC) • Monitors production process to prevent poor quality Acceptance sampling • Inspects random sample of product
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Examination Paper: Supply Chain Management 5 IIBM Institute of Business Management IIBM Institute of Business Management Examination Paper MM.100 Statistical Quality Control Section A: Objective Type (30 marks) · This section consists of Multiple choice questions & Short Answer type questions. · Answer all the questions. · Part One questions carry 1 mark each & Part Two questions carry 4 marks each. Part One: Multiple choices: 1. If in a hall there are 18 persons then how many handshakes are possible
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Statistical Process Control Video games are fun‚ famous and take up lots of time‚ but is there a process for playing videogames and can this process be both monitored and controlled to help the videogame’s players? In other words‚ can statistical methods be applied to some form of monitoring and applied to controlling a process to ensure that the process is enabling one to play a video game to their fullest potential? The goals of statistical process control involved with playing a video game
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