The final project of this course is the creation of a statistical analysis report. Operations management professionals
Question:
The final project of this course is the creation of a statistical analysis report. Operations management professionals are often relied on to make decisions regarding operational processes. Those who use a structured, data-driven approach have a clear advantage over those who offer decisions based solely on intuition. You will be provided with a scenario that an operations manager often encounters. Your task is to review the “A-Cat Corp.: Forecast” scenario, the appendix, and the accompanying data in the case scenario and appendix.
In Module Three, you will present your introduction and analysis plan, which are critical elements I and II of the final project. You will be required to submit a 3-4 page document that describes the scenario provided in the case study, identifies quantifiable factors that can impact operational performance, develops a problem statement, and proposes a strategy to solve a company's problem.
Specifically, the following critical elements must be addressed:
I. Introduction to the problem: A. Provide a concise description of the scenario you will analyze. The following questions can help you describe the scenario: What is the type of organization identified in the scenario? What is the history of the organization and the problem identified in the scenario? Who are the main internal and external stakeholders?
II. Create an analysis plan to guide your analysis and decision making: A. Identify any measurable factors that may be affecting the performance of operational processes. Provide a concise explanation of how these factors may be affecting operational processes. B. Develop a problem statement that addresses the problem given in the scenario and contains quantifiable measures. C. Propose a strategy that addresses the organization's problem in the given case study and seeks to improve sustainable operational processes. How will adjustments be identified and made?