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

ACC 5301 DB II

2 Management Applications of Accounting ACC 5301 DB II Post 1: Initial post addressing the discussion board topic is due by the end of day on Saturday. •   Your initial post should be at least 300 words in length. •   Your initial post should include at least one APA-formatted scholarly, professional, or

HRM 6303 DB I

2 Training and Development HRM 6303 Unit I DB How has the COVID-19 pandemic impacted training and development within organizations in the past few years? How have you have seen it change at your current place of employment?  Initial post to be a minimum of 500 words in length and

Business Finance – Operations Management WEEK 2 ASSIGNMENT OP

Assignment 1: Topic Paper/Peer Reviewed Journal Article review instructions: 1. Download a copy of the Sample Article Review. sampleartreview1 (1).pdf 2. Using the  exact Sample Article Review format, write a review on 3 articles relating to your final research topic. Use the Library database or  http://scholar.google.com to find the  3 peer reviewed journal

Presentation to Staff on Hangar Renovation Project Progress

  Your supervisor has asked you to give a 15-min formal presentation during weekly staff meetings about (this week’s material). What will you share? How will you teach it? Put together a short slide deck outlining the topics you’d cover and how you would present them. Feel free to use

Legal Environment of Business

This is Jamaican/ British/TCI law. Kindly use cases and materials that refer to our law jurisdictions. Additionally, when reference material is used, it is often from the Caribbean and the US region. Ensure cases are real and not fictional.  The professor gave instructions that when answering questions, we should ensure

D2

Procurement Management Plan Instructions This week, you are required to produce your project Procurement Strategy deliverable. Your Procurement Strategy will define how procurements will be planned, executed, and managed throughout the life of the project. The Procurement Strategy is prepared during the planning process phase of your project. The proposed

Audit- Internal controls

Materials posted. Need it by November 4th, 8:00 p.m. EST.  N.B.  Try to reference more US/Caribbean as that is more in my region.. but i belive the powerpoints notes and the book may suffice. 

Assistance with Player Management Simulation

Player Management Simulation Assistance Player Management Player Management Sequence 1. Read Concept Overview 2. Take the Quiz 3. Review Case Briefing Document 4. Complete Learning Phase in Simulator 5. Complete Challenge Phase in Simulator Player Management Concept Overview – Table of Contents • The Key To Fielding A Winning Team

orientation

MGT 561 – Test 3 Essay Answers should be cited and referenced. You can do the references for all three at the end of all the essays or you can reference each one. The Answer should be 2-3 pages and double spaced. Be thorough in your answer. This work is

All Carpet Cleaner

How Often Should You Get Your Carpets Cleaned? Many people wait until their carpets look visibly dirty before cleaning them, but by that time, a lot of hidden dirt and allergens have already accumulated. The frequency of all carpet cleaning depends on a few key factors, including how much foot traffic

FEG Plus With Free Derma Roller Price in Lahore

Why Choose FEG Plus with Free Derma Roller? When you purchase FEG Plus, you not only get the powerful lash and brow serum but also a complimentary Derma Roller. The Derma Roller helps to enhance the absorption of the serum, allowing it to penetrate more deeply into the skin for

Business & Finance Assignment

Purpose: This assignment gives students an opportunity to apply principles of budget design, equity, and strategic planning to secure funding for an initiative that addresses an identified organizational need. It develops skills in resource justification, cost framing, and mission alignment. Assignment Description: Students will create a professional-style grant proposal seeking

I’m Working On This Question And I Need A Sample Draft To Help Me Study MKT600

Hide Assignment Information Turnitin™ This assignment will be submitted to Turnitin™. Instructions Objectives: LO1: The student will understand the role and content of the quality management plan for a project. LO2: The student will be able to develop a Quality Management Plan for a project. Instructions: Fill in the attached

short answer

instructions and reading attched Please answer the following questions. 1. In the ‘Turning the Tables’ reading there is a profile of first contract campaigns by the News Guild-CWA at the LA Times and at Law360. How did the organizing/bargaining committees use communication and mobilization during the negotiations to enhance their

HUM 102 Module Two Project

Please see attached file Unit Resources {Insert Unit Title]1.html Introduction The learning resources in this module will introduce you to the three topics that you’ll be able to choose from for your project and will provide you with examples of how the humanities relate to those topics. You’ll also learn

IDS 104 Module Two Journal Guidelines and Rubric

please see attached file. You will find 2 assignments. I will pay extra for both. Module Two Journal Guidelines and Rubric.html IDS 104 Module Two Journal Guidelines and Rubric Overview A growth mindset—the belief that abilities and intelligence can be developed through dedication and effort—is an essential skill for lifelong

Organizational Change

Describe a significant organizational change that you have witnessed or been a part of. Discuss its origins, impacts, and outcomes. Was it ultimately good for the organization? Were there winners and losers? Be sure to respond to at least TWO of your classmates’ posts.

Unit VIII

see attachment Unit VIII Assignment ABC Corporation has 3 plants across the United States in 3 different regions consisting of East, Central, and West. Last year, each plant purchased new equipment for their plants, and each plant earns the same income of $200,000. However, each plant required a different investment