SMU MBA SUMMER 2015 -2016

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SMU MBA SUMMER

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2015-2016 Assignments are available. For

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Drive
Summer 2015
Program
MBA (SEM 3)
Subject code & name
QM0021: STATISTICAL PROCESS CONTROL

Qus:1 Write short notes on:

(a) Process management
(b) Types of data
Answer:
Short notes on process management:

Process management can be defined as a tool for managing the different activities of a process in
order to achieve the business objectives. These activities include, designing the process,
measuring the process, monitoring the process, and taking corrective actions when the results are
not in accordance with the desired output. The different stages involved in a business process
management are

Qus:2 What is process capability? Define process capability index. Explain Cp index and
Cpk Index.

Meaning of process capability

Definition of process capability index
Explanation of Cp index and Cpk index

Answer:
Meaning of process capability:
Process capability is defined as the capability of a process which is able to achieve the objective
for which it exists

Qus:3 What is mean and median? How do you calculate mean and median? Calculate
the mean and median of the following data: 54, 56, 23, 65, 34, 71, 56, 39.

Meaning of mean and median

Mention the formula to calculate mean and median
Calculation of mean and median of the given data

Answer:
Meaning of mean and median:
Mean:
The mean, also known as average, is a numeric figure obtained by dividing the sum of the
observations by the total number of

Qus:4 What are the properties of probability? Explain about normal distribution in
brief.

Properties of probability

Meaning of normal distribution

Characteristics of normal distribution

Answer:
Properties of probability:
The probability of one event is determined by using the probabilities of other events. An
organisation can determine the likelihood of an event by keeping in mind the properties of
probability. The following

Qus:5 Define hypothesis testing. Explain null hypotheses and alternative hypothesis.

Definition of hypothesis testing

Explanation of null hypothesis and alternative hypothesis

Answer:
Definition of hypothesis testing:
Hypothesis testing as a process of resolving problems or deriving information from the given
data in order to conduct crucial business decisions. It is a logical method of accepting and
validating

Qus:6 What is a control chart? What are the various control charts for attributes? Explain
p chart in detail.

Meaning of control chart

List the various control charts for attributes
Explanation of p chart

Answer:
Meaning of control chart:
A control chart is a tool used to determine whether the process under consideration is stable and
predictable or unstable and unpredictable. If the process is stable at an accepted or desired level
of output, the

SMU MBA SUMMER 2015 -2016

Dear Students,

SMU MBA SUMMER

Booking

,Kindly

2015-2016 Assignments are available. For

mail

us

on kvsude@gmail.com OR call

us to +91 9995105420 or S M S your Email ID us in the

following Format On +91 9995105420 we will reach back you
with in 24H