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- Example of a Risk and Opportunity Action Plan RISKS/OPPORTUNITIES & ACTION PLAN Process Instruction Process Owner: College of Business Date Prepared: January 28, 2021 Interested Parties-Needs and Expectations Accreditation, regulatory and certifying bodies: Documentary requirements for Certifying, Accrediting and other regulatory bodies Students: Employability of graduates Faculty: Continuing professional development of faculty Partner industries: Host Training Institutions for Student Internship Planned Result (a) First time CPA Licensure exam- takers Risks that can adversely affect (b) Identified responsible unit will not qualify for PBB; passing rate is above the national levelling and passing accreditation average. Results affect SUC survey ratings Possible Non- Compliant (NC) for IQA and External Audits Opportunities that can beneficially affect (c) Attract better qualified students to the program Etc. High turn-over rate of faculty (BSA) Promotional activities by other schools…SYSTEM (ACADEMIC) ons Management Spring21 is generally not among the primary tools for quality improvement O a. Check sheets O b. Redesign O c. Flow chart O d. Pareto analysis O e. Histogram GETutorial-Module 1.pdf 1. Learning Material Mode X DF Course Work CHEM3010 CO 1. Learning Mate C:/Users/hp/Downloads/Tutorial-Module%201.pdf E (D Page view A Read aloud V Draw - Highlight 1 What are the major steps in building a model of a process system? 2 What key issues might arise for each of the overall modeling steps? 3 What major areas of PSE often rely on the use of models? What are some of the outcomes in the use of those models? 4 How can models be classified into generic types? Are these categories mutually exclusive? If not, then explain why. 5 Explain the fundamental differences between stochastic, empirical and mechanistic models. What are some of the factors which make it easier or harder to develop such models?
- hich statement below is True, and which one is False? For the False ones explain why they are incorrect (or what is the correct statement) 3-1) Process imperfections are a result of waste in a process 3-2) Inputs are transformed into outputs of a process through the network of activities, and by the help of the resources and information 3-3) 5 why is a technique through which the current state performance of a process can be measured 3-4) Job shop is a process architecture that allows producing large volumes of standard products 3-5) Operational frontier refers to the position of the best companies in each market in terms of their product attributes 3-6) 5S is a technique for root-cause analysisWhy is a process exception required?Refer to the figure below relating to a commercial printer (customer) and the company that supplies the paper. Technical requirements Importance to customer Customer requirements Paper will not tear 3 A Consistent finish No ink bleed Prints cleanly 1 2 3 7 Paper width 7 Paper thickness ? Roll roundness thickness Paper width Paper Roll roundness Coating thickness Tensile strength Paper color ? Coating thickness ? Tensile strength 7 Paper color O Customer Requirements Paper doesn't wrinkle Prints clearly Easy to use a. What technical requirements have the highest impact on the customer requirement that the paper not tear? (You may select more than one answer. Click the box with a check mark for the correct answer and click to empty the box for the wrong answer.) J O Type of Paper b. The following table presents technical requirements and customer requirements for the output of a laser printer. Determine which single technical requirement likely has the greatest Impact on each individual…
- Explain the concept of a state transition diagram in the context of process management. How does it aid in understanding the lifecycle of a process?A/What is the relationship between the goals of a process system and the risk associated with that system? (1 page max.) B/What is the relationship between the goals of a process system and the risk associated with that system? (1 page max.)Why is a process exception necessary?
- Need a implementation plan for this : The Tack articulation inspection is one of the most time consuming. Standard time for complete Tack Articulation Incoming Inspection is 8 hours. As part of the case study the incoming inspection results were analyzed. The purpose if this cased study is to prove that the process is in control; thus, the component can be included as part of the component certification program. Need a implementation plan for this : The Tack articulation inspection is one of the most time consuming. Standard time for complete Tack Articulation Incoming Inspection is 8 hours. As part of the case study the incoming inspection results were analyzed. The purpose if this cased study is to prove that the process is in control; thus, the component can be included as part of the component certification program. A bicycle component manufacturer produces hubs for bike wheels. Two processes are possible for manufacturing, and the parameters of each process are as follows: Process 1 Process 2 35 parts/ hour 4 hours/ day 15 parts/hour 7 hours/day 20% 9% Production rate Daily production time Percent of parts rejeted based on visual inspection Assume that the daily demand for hubs allows all defect-free hubs to be sold. Additionally, tested or rejected hubs cannot be sold. Find the process that maximizes profit per day if each part is made from Php 200 worth of material and can be sold for Php 1,500. Both processes are fully automated, and variable overhead cost is charged at the rate of Php 2,000 per hour.