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This Thesis examines the financial data of manfacturing companies who are ISO 9000 certified and the winners in the manufacturing category of the Malcolm Baldrige National Quality Award to determine whether the benefit of receiving certification or winning the award is economically attractive. A...
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With deregulation, utilities in the power sector face a much more urgent imperative to emphasize cost efficiencies as compared to the days of regulation. One major opportunity for cost savings is through reductions in spare parts inventory. Most utilities are accustomed to carrying large volumes...
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In todays rapidly changing global world, the sustainability of an organization depends not only upon its financial performance, but also upon its environmental and social performance. It is suggested that policy makers, and corporate and engineering managers integrate economic, environmental and...
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Six Sigma, is a business strategy using quality improvement tool, began in the 1980s. An important problem in business has been how to implement Six Sigma at small sized companies. Many large companies are beginning to mandate Six Sigma to their supply base (smaller manufacturing companies) as a...
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A problem which exists in a large research laboratory is the allocation of professional people to work on research projects. Each department manager must allocate his personnel so that effectiveness, value of a given man to a given project, is maximized. Computationally, the transportation...
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