Factors That May Be Affecting The Performance Of The...

Analysis Plan: The two quantifiable factors that may be affecting the performance of the operational processes are: 1. Data, the data that is currently being used in the forecasting is outdated. Using data from 2006 does not translate the current needs of customer demand. Using updated data should help with making correct estimates how much inventory should be kept on hand without causing lose in revenue. 2. Manufacturing employees, the employees that are manufacturing the voltage regulators have to meet their quotas in order for forecasting to be done correctly. If the employees are lacking the skills and training needed to complete the demands of the job they should be replaced with more skilled employees. Also with getting skilled employees there should be a reduction in the workforce that would allow for cost savings in payroll. Having a leaner more skilled workforce should streamline output which would allow for better data collection. The problem that A-Cat has is determining if the mean number of transformers needed had changed overtime. For the data from the period 2006-2008 the mean not less than 745 but at least 745, figuring out if this is still true is A-CAT’s main issue. By using outdated data and not understanding the sales patterns of certain products figures and understanding the consumer purchasing patterns will help A-CAT forecast their needs appropriately. A strategy that can be used to help analyze the problem that A-CAT has is to look at their abilityShow MoreRelatedA Concise Statistical Analysis Report1406 Words   |  6 Pagescatastrophes. Throughout the course of this paper elements will be strategically place to develop a concise statistical analysis report to cover the following: Any quantifiable factors that may be affecting the performance of operational processes. An explanation of how these quantifiable factors may be affecting the operational processes. What is the history and problem? 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