R2 Problem 1.A) What is a six-sigma methodology?B) The process is operated on 4.6 sigma with shift allowance of 0.5 sigma from the midpoint of USL andLSL. What does this statement mean statistically? Explian your answer with chartsC) Compare and contrast Deming's and Juran's philosophies of quality.

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Answered: A) What is a six-sigma methodology?

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A) What is a six-sigma methodology?

Practical Management Science

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Concept explainers

Breakeven Analysis

Break Even Analysis is a term used in business, cost accounting and economics. It refers to a point where the total cost incurred becomes equal to the total revenue earned. Break Even Analysis determines the number of units to be sold to earn the revenue required to cover the total costs. Total cost is a sum total of fixed and variable costs.

Process analysis

The term process analysis can be defined as breakdown of production process into different phases that converts inputs into output. A series of routine activities are incorporated using organizational resources with a view to achieve operational excellence.

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Problem 1.
A) What is a six-sigma methodology?
B) The process is operated on 4.6 sigma with shift allowance of 0.5 sigma from the midpoint of USL and
LSL. What does this statement mean statistically? Explian your answer with charts
C) Compare and contrast Deming's and Juran's philosophies of quality.

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