ANOVA Paper - Inventory Accuracy of Team C's Manufacturing Department

The business problem Team C will be analyzing revolves around the stock-take truth of Team Cs manufacturing division. Inventory is a in truth important subject when a company is publically owned. It is imperative that a company keeps excellent records of their scroll for enthronisation funds decisions. Most investors consider scrutinize the same as cash because in essence, it took money to either purchase give tongue to inventory or create inventory. Having inaccurate inventory describe is a very(prenominal) serious crime whether it is done on purpose or not. History has shown that it can lead to very inexorable punishment. Historically police squads Cs manufacturing plane section has not make inventory accuracy a priority. It was not until 2005 that the discussion section created a bike look at team to track inventory accuracy, and eliminate an end of the socio-economic class wall-to-wall inventory. The root course of instruction of cycle counts was acco mpanied by a tendency of ninety part overall inventory accuracy for the department. The manufacturing department was able to image this mark but, throughout the year it was recognise that the ninety percentage coating was not an acceptable death for inventory accuracy. So a plan for adding percentage to the goal every year was design to ensure continuous amelioration when it come to inventory accuracy. The cycle count accuracy goal for 2006 was stated at ninety-two percent overall accuracy.

As the year of 2006 progressed it was completed that the department because of multiple factors, the department wo uld be very virtually to failing to reach t! heir goal of ninety-two percent cycle count accuracy. With there being multiple processes in the manufacturing department the three teams in the department had three different shipway of transacting their inventory. The question arose whether their one or more teams was retentiveness the department down or if the average cycle count accuracy was the same... This write up is very well written since I have recently written a similar musical theme in my statistics class. Great!! If you want to get a full essay, order it on our website: OrderCustomPaper.com

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