Deming’s 14 Principles

Introduction to Deming’s 14 Principles Do you frequently ask yourself on what basis some businesses seem to always fulfill such high standards for quality? Their offerings are always effective, their support is brilliant, and their work culture motivates satisfaction. It’s not magic—it’s method. Possibly what has made their method successful is attributed to one man: … Read more

Juran’s Quality Trilogy

There’s not going to be a lack of it that, for many, the concept of quality is associated with something flawless, mistake-free. In the professional life, quality is perceived to entail a lot more than the manufacture of perfect items. This is where Joseph M. Juran brings forward his innovative framework: the Juran Quality Trilogy. … Read more

PDCA Cycle

PDCA cycle, also known as Deming cycle or Shewhart cycle, is a scheme for continuous improvement applicable in such fields as quality control, project management and lean manufacturing. The PDCA Cycle refers to an endless approach that is responsible for shaping the process, products or services incrementally. The Plan-Do-Check-Act Cycle, otherwise known as the PDCA … Read more

ISO 9000-2000 Clauses

What is ISO 9000-2000 Clauses? The International Organization for Standardization (ISO) developed the series of standards called ISO 9000-2000. This revision was a substantial modification compared to prior versions and focused on the process-oriented strategy of quality management so that it was applicable to organizations of every size and field. Why Was ISO 9000 Updated … Read more

Total Productive Maintenance

Total Productive Maintenance (TPM) provides an all-inclusive suggest for equipment maintenance, whose main goal is to achieve flawless production, which is free of equipment breakdowns, minimal delays, none quality and safety problems. As a system, which started its operations in Japan, TPM has constituted an integral point of Lean Manufacturing and is being applied to … Read more

Operation Research Uses and Scope

As an area of study, Operation Research (OR) incorporates mathematical, statistical as well as analytical tools in addressing complex decision scenarios. It assists in meeting increased efficiency, saving of expenditure, and optimization of operation in various sectors. With increasing complexities, businesses and institutions have witnessed global application and scope of operation research to increase. Here, … Read more

Application of Operation Research in Managerial Decision Making

As the business world has become more and more complex, the managers are constantly charged with carrying out the responsibility of making prudent and prompt decisions. Analytical and mathematical methods used by way of OR make a significant contribution to stronger managerial decision making by offering solution to business problems. OR is a rigorous technique … Read more

Decision Making Environments- Certainty, Uncertainty and Risk Situations

The role that good decision-making plays in management, business, economics and everyday life is very important. The context of a decision is highly influential in determining the degree of success of the decision. Most scenarios which are related to decision-making fall into categories of certainty, uncertainty and risk. The recognition of these environments helps both … Read more

Mathematical Formulation Of LP Models For Product Mix Problems

Enriching the Mathematical Formulation of LP Models for Product Mix Problems Introduction to Product Mix Problems In a product mix problem, a company has to decide the volume of various products to produce in order to maximize profit (or minimize cost) with the available resources (such as labor, material and machine time). Linear programming (LP) … Read more