Question: SECTION 1 Descriptive short questions (Answer to Question 1 and any TWO of Question 2) Mark: 4 +2x4 = 12 Question 1 What are the

SECTION 1 Descriptive short questions (Answer to

SECTION 1 Descriptive short questions (Answer to Question 1 and any TWO of Question 2) Mark: 4 +2x4 = 12 Question 1 What are the purposes of Six-Sigma? Explain briefly the importance of ethical behavior of the concerned employees of an organization to fulfill these purposes. (at most in 8 sentences) Question 2 (answer to each of the followings at most in 7 sentences) a. Explain how forecasting plays a key role in productions/services operations management. b. Discuss the Taguchi Loss function of quality control. Highlight the scenario of waiting line management costs and the importance of their trade-off relationship C

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