Statical Data in a Business Essay Example | Topics and Well Written Essays - 500 words

Statical Data in a Business - Essay Example A central depot is set up, where all the detergent that is manufactured by the two plants is sent and mixed together. Following a careful investigation, the production manager established that 10% of the detergent manufactured in Florida and 5% of the detergent manufactured in Texas is faulty and hence cannot be used. It is also known that when the company sells faulty products, its goodwill is tainted and the cost of replacing the faulty product is high. The production manager finds it prudent to allocate these costs reasonably between the two production facilities. This allocation requires knowledge of the probability that a particular production line will produce faulty detergent. In particular, the production manager should seek answers to the following questions: To find the solution to this problem, a probability function is constructed, whereby, F stands for the event that a unit of detergent is faulty. In other words, the production manager is aware of the following? It is by now known that 40% of the detergent is produced by Florida plant and 60% from Texas. As such, P (Florida) = 0.40 and P (Texas) = 0.6. Using Bayes’ Theorem, the following probability from each production line is presented: These probabilities imply that 57.14% of the faulty cost should be assigned to the Florida plant and 42.86% assigned to the Texas plant. It is notable that P (F) represents the probability of the faulty detergent. This probability can be represented as follows: The production manager has applied Bayes’ theorem to craft a fair method of allocation cost that is associated with production of defective products between the two production facilities (Peebles, 1993). Although the production manager was not certain of the exact cost that comes from each plant, the probabilities have been formed devoid of bias. Therefore, the company will be more decisive when allocating these costs between

Software Process Improvement Assignment Example | Topics and Well Written Essays - 750 words

Software Process Improvement - Assignment Example This paper will look at the software that can be used in managing the process. Process management is important in that it will bring into optimizing the software that is already in place. It is important to know the times that the software needs to be optimized. To have this process rightly in place and working effectively, there should be an automated way in which can be undertaken. This paper will suggest the software that can be designed to help in assessing the various information systems and suggest process improvement of the software. Log management software One software that can be put in place is that of managing the various logs that are found in a given information system. Logs are the small transactions and details that usually take place in an information system. There is a need to undertake a management process where the logs are managed. This will help to know the requirements that should be improved in case there needs to be some improvement. Before a process is improv ed, there is a need to understand the internal workings of the software that should be improved. The log management software will manage, among other things, the frequency of use of some transactions in the software, the bugs that are common with the use of certain transactions. There is a need to record the logs and the requirements to improve and work on a solution to eradicate these errors. Another issue that should be looked into automatically is the processes that keep on clashing in the system. He internal working of the process in an information system should be looked into and improved on. These are the functions that the information system will work to improve. Error logging software Important software that should be developed to help with process improvement procedure with the various information systems is that of error logging software. This software will help to check for the errors that are normally frequent. It is also important to understand the errors that are commo n in particular processes and the ones that interact with other processes. This software will be used, together with the logging software, to analyze the cause of the errors that are commonly met while working on the various software in the system. This will help have detailed facts about the errors that are experienced which will help the process improvement developers to understand what they are to improve and the way in which this can be achieved. With the various errors being experienced in software, the improvement and eradication of these errors is normally built on detailed understanding of eh software that is causing the errors. It is important to have the right information about these errors (Haug, Olsen, Bergman, 2001). Process optimization software This software will be used in suggesting the best ways in which the software will be optimized. As the software is used every day, there will come a time where the processes will be optimized. What the software will do is monit or the interaction of the various modules and processes that are running in the software and generate a report about the software which interacts most often. It will also look at the tasks that will be undertaken and processed by more than one process. This information will be used by the developers while they are on the quest to improve on the working on the various processes (Oktaba, 2008). After the developers get this information, they will be in a position to have a way forward into working on the interaction of the software processes so that they can work effectively on the various tasks that require multiple processes. This will help in optimizing the software process. Instead of have autonomous software processes