Statistics for Quality Management - Coursework Example

Add to wishlist

Summary

There are number of works that usually initiated by the finance department in total. Accounting department is held responsible to record all the financial…

Download full paper File format: .doc, available for editing

GRAB THE BEST PAPER99% of users find it useful

Read Text Preview

Subject: Statistics
Type: Coursework
Level: Undergraduate
Pages: 8 (2000 words)
Downloads: 2
Author: leannonlawson

Extract of sample "Statistics for Quality Management"

Download file to see previous pages

The main perspective of this assignment is to analyse the issue initiated in the study related to accounting and its related software. The study which has been associated with the same is defining the importance of ERP on the functions of an organisation. It is required to initiate the problems, identified in the study, and specifically defined the concept of ERP in particular. Before going in the further details in the assignment, it is important to define about the ERP in particular and then move towards the main theme of this paper.

Dragon Oil is a private individual company and considered as the well recognized individual in the exploration of oil and gas along with manufacturing activities across the globe. The company’s headquarter is located in Dubai and is enlisted in the stock exchange of Ireland. The company came into existence with the name Oliver Prospecting & Mining Co. Limited in Ireland by the year 1971. The company was then come up with new plans and strategies along with new name Dragon Oil in 1993 and executed heavy investment in the oilfield of Cheleken.

ENOC evolved a major venture by 1998. During the period 2005 to 2005, the Dragon oil did an extensive increment in capital for more exploration while observed a net income of around US$ 648.4 by 2012. The process flow of the company is highly sophisticated comprises on different department and software implementation. The implementation of ERP becomes one of the dominant processes for the company as a whole.The acronym of ERP is Enterprise Resources Planning and it is known as one of the most essential tools or software which can assist an organisation from different perspectives and angles.

ERP integrates the system that usually associated with the internal and external management of information within the premises of an organisation (Buljevich, E & Park, Y 1999). ERP system is one of the most sophisticated systems for the organisations as a whole as it

...Download file to see next pages Read More

CHECK THESE SAMPLES OF Statistics for Quality Management

The Statistical Process Control to Ensure Total Quality Management

… This report has considered the adoption of a quality management tools such as the Statistical Process Control (SPC) in the company associated with the Total quality management (TMQ) that were introduced in the company to measure the performance of manufacturing processes and ensure that the processes meet the required standards.... After investigating the variation in the height of dolls and the different colour schemes in the dolls sampled, it was found that the dolls are suitable for the market but fail to meet Total quality management that is in line with the company requirements....

4 Pages (1000 words) Essay

Quality Concepts of Statistical Applications

management approaches in this area could range from hard to soft approach.... These measures could include decentralization and delegation, job enlargement, participative management and performance appraisals.... The concept of scientific management was coined by Frederick Winslow Taylor in 1911.... There are several principles, also referred to as elements that detail the mechanisms of scientific management.... These he considered as extensions to the four principles of management....

11 Pages (2750 words) Research Paper

Statistics of Job Satisfaction

the quality of ones relationship with their supervisor, the quality of the physical environment in which they work,… There is no strong recognition amongst researchers, consultants, etc.... Descriptive statistics were calculated for the employment background and the job satisfaction variables....

2 Pages (500 words) Essay

Statistics and quality control in business

After the acceptance sampling process, management can then decide whether to accept or reject the sample based on predetermined statistical quality measures.... The management and Control of Quality, 2000.... Operations management, 2005.... One of the ways of introducing quality products is the introduction of quality control process in the manufacturing Statistics and quality Control in Business Nearly every individual has purchased a product only to discover that the product is defective or does notmeet the expected standards....

2 Pages (500 words) Research Paper

Statistical techniques in engineering Management

This is very useful STATISTICAL TECHNIQUES IN ENGINEERING management WORK 2 GEEN 1074 LECTURER: Question a) The three measures of “location” for a statistical population are arithmetic mean, mode and median.... It very essential in engineering to determine the equality of data distribution in a given data since it shows uniform and equal distribution in both… Central limit theorem in statistics states that in a sufficiently large population, if a random sample size from the population is taken and the mean is calculated from sample size, it will be the same or almost equal to that of the whole population....

2 Pages (500 words) Essay

Property Management

Data for both expected prices, prices considered as tool low for quality services and prices considered too high were collected and analyzed.... Using simple random sampling approach, 30 individuals were selected and their opinions, regarding prices of property management services, collected.... Data for both expected prices, prices considered… A majority of the respondents expected to pay between $ 1100 and $ 1200 for management services....

2 Pages (500 words) Admission/Application Essay

Statistics in Business

Furthermore, statistical data may be used by managers to establish or evaluate customer satisfaction, evaluate risks, calculate loss or profit, and calculate financial ratios among other applications, all of which may impact management decisions (Thompson, 2006).... In the event that it is discovered that a large number of the sample is of substandard quality, the management may decide to reject the entire batch assuming that it is mostly substandard.... Based on the findings of the survey, the management may decide to make improvements on the product, maintain it as it is or altogether withdraw the product from the market....

2 Pages (500 words) Essay

Quality Management and Statistical Process Control Tools

The author of the present paper aims at three essential aspects of quality management, namely, Quality Control, Causes of Variations in SPC and Acceptance Sampling.... All the three dimensions are important to carry on with Quality improvements from time to time… quality management and Statistical Process Control tools are some of the most important instruments which the present day organizations must be concerned of.... PC methods which include Total quality management (TQM) is actually more synonymous with a means to undergo systematic learning where organizations design methods from time to time to cross-check their production abilities....

8 Pages (2000 words) Term Paper