Our Services

Get 15% Discount on your First Order

[rank_math_breadcrumb]

Business Finance – Management assignment 1

The Ishikawa Philosophy

Dr. Kaoru Ishikawa is regarded as the father of the Japanese quality movement. An engineer by trade, his approach to quality was a bottom-up, participative approach that is the defining trademark of the Japanese quality movement. This led to their becoming an industrial quality world leader in the 1980s. He was a strong proponent of the Feigenbaum philosophy and believed that all quality began and ended with the customer’s needs. Dr. Ishikawa is most widely known for developing a popular quality improvement tool called the 
cause-and-effect diagram, also called the 
fishbone diagram or the 
Ishikawa diagram (Evans & Lindsay, 2020).

 Below is an example of an Ishikawa diagram:

 

 

The 
Effect is the issue you are trying to solve. The 
Causes are the possible reasons why the issue, or 
Effect, is happening. The 
Symptoms are the possible explanations or reasons for the 
Causes.

File(s) needed: None. Student will create an original file.

Steps:

1. Using either Word or PowerPoint, create a file named 

LastName_Ishikawa 
(where LastName is your actual last name).

2. Utilize the Illustrations tool to create an Ishikawa diagram similar to the example above.

3. Identify an 
Effect that you wish to solve. It can be any problem, such as your computer won’t start or an illness you are feeling and want to identify what it is. Think carefully about this topic, and if you need help identifying an 
Effect, please ask your instructor for ideas.

4. Identify 
six areas (
Causes) that may contribute to the effect by drawing from your personal/professional experiences, the knowledge you have developed from other courses, or research you have done on the topic.

5. Identify 
no less than three symptoms for each cause.

6. Attach and submit your file for grading.

 

Pareto Chart

A Pareto chart often follows the creation of an Ishikawa chart or other method of identifying causes of failure. Now that those causes have been identified, they are classified by severity. Here is an example of the chart

The Pareto chart has data on three axis. On the left Y axis is the frequency of cause occurence. On the lower X axis the causes from the Ishikawa. Note that the symptoms are not included. Only the causes. On the right Y axis is the overall percentage. The percentage should always scale from 0% to 100%. The chart should caputre all of the known casues for this issue. If a new cause is found then it should be classified and added to the chart. 

How is a Pareto chart used? 

Now that the causes of failure and their frequency have been identified, resources can be assigned based on this information. In most cases, the causes would be corrected in order starting with the one that most frequently happens. In the graph above, traffic has the largest occurence. Maybe a mass communication is sent out ensureing that everyone checks Google/Apple maps before leaving their home. 

In some cases causes can be worked on simultaneously depending on the organization. The idea is the same though. Now that management knows what the causes are and how frequently they happen, resources can be better utilized to correct those causes. 

File(s) needed: None. Student will create an original file.

Steps:

1. Using Excel, create a file named 

LastName_Pareto 
(where LastName is your actual last name).

2. Create two column data chart listing all causes in one column and their frequency in the second. For this exercise, use your best judgment in determining the scope and scale of the frequency numbers. If your causes are car related, maybe this is failures over the course of a fleet. If it is home related, maybe all homes in a city. Use your best and reasonable judgment. 

3. Use Excel to create a Pareto chart. Search Excel help if needed. 

4. Modify the chart to give it a title and change the style to one that is not the default. 

5. Attach and submit your file for grading.

image1.png

Share This Post

Email
WhatsApp
Facebook
Twitter
LinkedIn
Pinterest
Reddit

Order a Similar Paper and get 15% Discount on your First Order

Related Questions

Microeconomics 6

Assignment in attachment  1. The following graph shows a firm operating in a monopolistically competitive market. How many haircuts will the firm perform in the short term, and at what price? At this point, what will its total revenue, total cost, and total profit be? Given your answers, what would

Microeconomics 7

Assignment in attachment  1. What are the four most important ways a firm becomes a monopoly? Will a monopoly that maximizes profit also be maximizing revenue? Will it be maximizing output? Explain. 2. Assume the graph below represents the market for a monopolist. What quantity will the monopolist produce, and

Microeconomics 2

Assignment in attachment  1. The graph below represents the market for flank steak in a specific town. Calculate the value of consumer surplus: A. When the market price is allowed to prevail, and B. When the town passes a law setting a price ceiling for flank steak of $13 per

MBA 699 4-2 Milestone 2

   1. Current employee demographics: Summarize the current employee demographics for the organization from the course scenario. a. Use Tableau to visualize the demographic data such as age, sex, marital status, education, and experience, and include the corresponding screenshots in your summary. Choose the graphs or charts that are best

HRM 6301 III

1 Three Keys to Success Joshua A. Learner Columbia Southern University LSS 1300: Learning Strategies for Success Dr. John Doe July 10, 2020 SAMPLE FORMAL ESSAY The title page includes the title of the assignment in bold font, the student’s name, the name of the university, the course name, the

ECO 6301 III

2 Economics for Managers ECO 6301 Unit III Essay Unit III Essay This 3-to-5-page essay measures your mastery of ULOs 1.1, 1.2, 2.1, 6.1, 6.2 and 7.1. Elasticity Assignment objective: Unit I introduced the benefits of markets to improving outcomes for producers and consumers. Unit II examined the role of

RCH 5301

2 Research Design and Methods RCH 5301 Unit II DB Describe a quantitative research project you would be interested in starting now or in the near future. Explain the problem and why this would be important for you to study. Why is a quantitative methodology an appropriate research strategy for

Business Finance – Accounting excel assignment

need this excel assignment done by tomorrow at 11:59. need formulas to be put in excel not just the answers Sheet1 Porsche and Mercedes-Benz, both based in Germany, are two of the largest automobile manufacturers in the world. The following information was provided in each company’s 2019 annual report. Porsche

Business Finance – Economics Global economics assignments

see attached READ ENTIRELY!  Assignments Week 2-6 NO AI!!! Week 2: DUE JULY 19 The role of government in the economy is often debated by economists and businesspeople. The debate ranges from having little to no government intervention to having a strong government presence in both business and social settings.

HRM 6301

2 Human Resources Management Methods HRM 6301 Equal employment opportunity and subsequent discrimination are major factors in today’s workplace. For a quick review, you can access the U.S. Equal Employment Opportunity Commission’s  Employees & Job Applicants webpage to review discrimination by type.  Considering the many types of employment discrimination, share which

dbs global economics

See attached DB1 Week 1 DUE JULY 09 Define capitalism and socialism and provide examples of countries that govern using each structure. Discuss why capitalism and socialism are currently spotlighted in U.S. politics giving the pros and cons of each organizational structure. Be specific and give supporting facts, not just

ECO 6301 II

2 Economics for Managers ECO 6301 Unit II This unit’s readings include information on pricing. You are introduced to the shutdown price, using elasticity to determine the effects of price changes, and cost-based pricing. Discuss the importance of considering elasticity in pricing decisions and the danger of relying solely on

Marketing Plan

iMBA Operations Strategy Module Summer 2024 Group Project One submission per group Only include your group name on the submission (points are deducted if individual group member names are included) . Please submit a Microsoft Word document. Limit of 20 pages, excluding title sheet, references, and appendices. 1. Overview of

WK1PR599

SEE ATTACHED 1 6 Peer Response: Cite 2 Scholary authors for each. •    Find at least TWO students whose conclusions bring new levels of understanding to your view on McDonald’s internal performance or conclusions. •    Discuss any major differences where you might disagree. 1Acj. A purpose/mission statement is

23

check f  This file is too large to display.View in new window

Dissertation Phase 3

To conclude the phase 3 of the dissertation and finally attach phase 1 & phase 2.  Recordings will be shared via zip, request you to use it for the NVivo analysis and prepare transcripts in a separate document