Shewart cycle - Study guides, Class notes & Summaries

Breakeven Point? - ANSWER-total cost = total revenue Working capital ratio - ANSWER-current assets / current liabilities Acid-test (quick) ratio - ANSWER-(cash + AR + short-term investments) / current liabilities debt to assets ratio - ANSWER-total liabilities/total assets FTE (full time equivalent) - ANSWER-total number of hours per employee in a week / 40 (i.e. 12+14+40+30 div. by 40) Profit margin - ANSWER-NOI/Tot. Revenue. Defined as "income to sales. 2 types, gross prof marg...

FACHE Practice Test Questions and Answers Already Passed According to ACHE's Code of Ethics, one way that healtcare executives can avoid or minimoze the negative implications of conflict of interest Make the conflict known to those in superior positions The principles of quality improvement require that healthcare exectutive change their management philosophy from Finding fault with employees to finding problems in processes What type of problems arises when a healthcare executive knowingly ...

WGU C720 Complete OA Prep Guide Graded A+ Document Content and Description Below WGU C720 Complete OA Prep Guide Graded A+ Inputs People, capital, material, money Outputs Services and goods Sustainability Defined broadly in operations and supply chain managem ent as the ethical issues an organization faces to balance financial performance while maintaining social responsibility standards and a responsible environmental profile. VIRAL Acronym - A framework for competitive advantage. Viral, Inim...

Scatter Diagram - ANSWER-A graphic display of data plotted along two dimensions used to screen for a relationship between two variables Run Chart - ANSWER-a visual display of data that enables monitoring of a process to determine whether there is a systemic change in process over time Pareto Chart - ANSWER-A graphic representation of the frequency with which certain events occur may be used to set priorities or oppotunities for improvement Measure - ANSWER-A number assigned to an object...

NAB RCAL Exam Breakeven Point? correct answertotal cost = total revenue Working capital ratio correct answercurrent assets / current liabilities Acid-test (quick) ratio correct answer(cash + AR + short-term investments) / current liabilities debt to assets ratio correct answertotal liabilities/total assets FTE (full time equivalent) correct answertotal number of hours per employee in a week / 40 (i.e. 12+14+40+30 div. by 40) Profit margin correct answerNOI/Tot. Revenue. Defi...

Identify the item that is not a characteristic of a mature process. Correct answer- The process requires further process engineering improvements. Establishing manufacturing capabilities focuses on Correct answer- manufacturing process planning and production resource planning. Producibility Engineering and Planning focuses on key processess and key product characteristics as well as: Correct answer- Identifying any new processes or materials as soon as possible and planning development co...