- Create appropriate chart/s for each set of data and talk about what is going on in each and what you would do (how would you use them if you do use them) with these charts in the future.
- Does the new, controlled process produce the correct product?
- Is the new process a good investment (NPV with a 95% confidence interval)? You need to develop Monte Carlo simulations where needed to develop realistic cash flows.
- Delineate a control process for the hiring process by briefly addressing the last 15 steps of the quality control policy. In the course of developing the 15 points, discus at least six ‘things’ you would measure. You can include the measures taken to produce the data in the accompanying excel sheet.
All details on the files below