Free Essay

8d Risk Analysis

In:

Submitted By a6604849
Words 1368
Pages 6
THE PROBLEM SOLVING 8D methodology

Training plan
1. 2. 3. 4. 5. 6. 7. 8. 9. Introduction 8D history 1D – Estabilishing the team 2D – Problem description 3D – Containment action 4D – Root Cause 5D – Corrective action 6D – Validate corrective action 7D – Prevent recurrence

10. 8D – Verify and congratulate Team

Introduction
In any business firm or other organizations appear some problems, sometimes they are easy to remove and sometimes it seems that the solution is not possible. When problems occurred, run the proper action to eliminate the problem. However, often it turns out that the same problem appears again and usually in the most difficult moments - shipments to the customer . If the problem appeared again it indicates that the real cause is not resolved but only "heal" the problem temporarily, and his crux "cause" is not resolved .

Sometimes the reason is defined the cause of the problem incorrect, and sometimes a lack of consequence in implementing such corrective action to prevent the same problem again appeared.

Introduction
To ensure a systematic and orderly way of solution to the problems, and their easy recorded is recommended widely known in the automobile market.

THE PROBLEM SOLVING 8D
Advantages: 1. Easy and logically method, cleary shows Next steps of problem solution. 2. The method is known and used by all companies from the automotive industry. 3. Often this is a required method of documenting the correction action for the customer. 4. An excellent way of reporting nonconformance’s to suppliers and their corrective actions.

8D History
8D methodology despite what is generally thought has not been created by Ford but by the U.S. Department of Defense (DoD) in 1974. The standard, which described 8D was named: „MIL-STD 1520 Corrective Action and Disposition System for Nonconforming Material”

Standard was officially abolished in 1995, but the 8D methodology has been propagated by Ford on automotive industry and is well known to many companies in the electronics industry.

8D idea
The basic idea of 8D is correctly identified the cause of the problem, and applied such actions to prevent recurrence of the problem.
PROBLEM 1D 2D 3D 4D 5D 6D 7D 8D ESTABILISHING THE TEAM PROBLEM DESCRIPTION CONTAINMENT ACTION ROOT CAUSE CORRECTIVE ACTION VALIDATE CORRECTIVE A. PREVENT RECURRENCE VERIFY AND CONGRATULATE TEAM The problem is detected by for example staff / quality control / customer Establish the team (from 2 to 10 persons) from different departments and choosee team’s leader Exactly describe the problem in order to understand what went badly. Stop the process, for example, introducing 100% inspection, retest, return from the customer . Establish the actual cause of the problem and why it wasn’t detected previously Establish and introduce proper corrective actions Validate whether corrective actions are efficiently, problem is monitored Determine and introduce „structural” action to Prevent reoccurrance Verify introduced action in 7D and close the action, dissolution the team

1D ESTABILISHING THE TEAM
First step is estabilish the team consists of few persons, that will be responsibility for realized particular step of 8D. Quantity of team and their making-up depends of complexion of the problem and taken decision. The team should fulfil the following steps: • Have a good knowledge of the product and processes. • Multidisciplinary – that’s mean person with different department:
• Engineers (designers ) • Technologists (production) • Rework operator, production staffs (often have the bigest experience) • Quality Engineers • Buyers • Others

• Have adequate capability to introduce proper solution of the problem. • The team should have a Leader, who supervises and closes 8D.

2D Problem description
This is the stage where you need to most accurately describe the problem. Properly problem description is the starting point to further step of analysis and proper understanding of the nature of the problem for the Team as well as people from outside. It’s recommend that description of the problem include: • Properly described the problem. Not restricted to laconic statements. • Place problem detected. • Scale of problem, eg. % of reject or qty of pcs / range deviations beyond the tolerance etc. It’s very important that problem was „measurable” that is how many % or ppm or in another unit of measure. Later this allows to properly assess whether corrective actions are implemented efficiently or not.

3D Containment action
This is the stage where are taken right containment action to prevent escalation of the problem (further making defects) or at the worst delivering not conforming products to the customer. Example of action:

• Stoppage of production / shipment • Segregation goods on OK / NOK • Additional visual control • Informing the Customer about the problem (for verification of the goods at the Custom.) • Informing operators about the problem Check if similar products or processes, there is a similar risk (if yes - should be implemented the containment action)

4D Root Cause
To really eliminate the problem should be identify the real cause of the problem "root cause". This is not a simple issue. This is why it is important the Team’s work to look at the problem with few sites. Often the real causes of many problems are deep in the management of the company. The production process often throws up the cause of the problem on "operator error". It is a mistake. The reasons are much deeper: • Lake of properly tools. • Lake of training or training aren’t efficient. • Overtime work in hurry (effect of wrong decisions of the management). • The production process is not suitable for quality requirements. • The others.

4D Root Couse
Define the cause of the problem using 5-WHY methodology (WHY 5 times)
Couse: A lot of

short circuit on connector’s legs on PCB (after wave soldering 1-WHY: Why problem occured? To less flux putting on pbca surfface (that was the root cause of short circuits). 2-WHY: Why problem occured? Wave soldering machine adjustment (flux amount) incorrect set up. 3-WHY: Why problem occured? Operator / Technologist didn’t know how process improvement. 4-WHY: Why problem occured? Operator / Technoloist training is inncorect (no efficiently ). 5-WHY: Why problem occured? No standard training material and no trainer to assure high level of Operators / Technologists knowledge.

4D Root Cause
If we identify the cause of the problem correctly then "eliminate" the root cause allows to really solve the problem and often many others
LIFTED COMPONENTS SHORT CIRCUIT NO SOLDER JOINT STRESS SOLDER CONTAMINATION WASTE OF TIME

CUSTOMER DISSATISFACTION

CAUSE: NO TRAINING MATERIALS AND TRAINER FOR TRAINED WAVE SOLDERING OPERATOR AND PROCESS ENGINEER

5D Corrective action
The Team determine which actions should be introduced in the short period of time to ensure that the process / product is controlled. Examples: • Introducing additional control in process • Introducing additional other process (eg. component reworked, test corrected) • Rework defective units found inside • Rework units returned from Customer • Inform the Supplier about defective part delivered and their Exchange, etc.

6D Validate corrective action
Please verify that the corrective actions taken are efficiently. It should be based on " real data" from the process. Action should not be estimated on the basis of only the same opinion of the persons interested Examples: • Less reject % (ppm) in process. • Test / control results shows improvement. • Engineering’s measurements (dimension, units appearance ) are correct (according to tolerance, specification). • Other proofs shows on Introducing corrective action. • Supplier delivers goods of better quality.

7D Prevent recurrence
Next step is is to determine what action should be taken to prevent recurrence of the problem. Here we define the action system to replace the actions defined in 5D. Examples:

• Modified or make proper jig (tooling). • Changing the process parameters in order to prevent defects. • Changing process / tools by Supplier which make parts. • Changing procedures (organization change). • Changing documentation / specification (if was incorrect). • Preparing systematic and full training for staff.

8D Verify and congratulate Team
The last step is verified that the introduced actions in 7D are effective. It is recommended that verification be made by comparing the scale of the problem (as described in 2D) with results from next deliveries of material or results from rejecting of next batches. The verification must be based on that measurable data.

Leader of the Team is made verification

During the verification it is worth to draw conclusions as the Team worked, what the individual members have learned and what are the conclusions for future - what can be improved on problem solving, etc.

Thank you for your attention

Similar Documents

Free Essay

Chemistry

...When we look at the terms of risk reduction and hazard control we get the terms of eliminating and reducing the issues. Where control of hazards seek to maintain instead of removing the process. The term that risk reduction is applied to is a complete understanding of the intent of the criterion to ty risk- reducing the probability of the events occurring. In the terms of the second and third definitions of risk because they include both the probability of the event and the severity of the harmful consequences. Risk reduction is a term that capture the fundamental concept that harmful events consist of the three phases. Jensen, R. C. (2012). Risk-Reduction Methods: For Occupational Safety and Health (1st e A physical model is one that thing would be (like if you were creating a model of say a building, park, airplane or other large structure or area), sometimes it's actual size if it is small enough. You build or have built that you can touch. Sometimes it is a miniature version of what the real. What I mean by physical models is those that are meant to represent the physical world, as opposed to – for example – biomechanical, or computers models. Jensen, R. C. (2012). Risk-Reduction Methods: For Occupational Safety and Health (1st ed.). Whenever you are planning or one have to deal with risk and hazards we should looking in to the process from the beginning to the end. Where do we want to be at this point in the project as...

Words: 877 - Pages: 4

Premium Essay

Wengart Aircraft

...Risk Factor Analysis— A New Qualitative Risk Management Tool John P. Kindinger, Probabilistic Risk and Hazards Analysis Group, Los Alamos National Laboratory John L. Darby, Probabilistic Risk and Hazards Analysis Group, Los Alamos National Laboratory Introduction Project risk analysis, like all risk analyses, must be implemented using a graded approach; that is, the scope and approach of the analysis must be crafted to fit the needs of the project based on the project size, the data availability, and other requirements of the project team. Los Alamos National Laboratory (LANL) has developed a systematic qualitative project risk analysis technique called the Risk Factor Analysis (RFA) method as a useful tool for early, preconceptual risk analyses, an intermediate-level approach for medium-size projects, or as a prerequisite to a more detailed quantitative project risk analysis. This paper introduces the conceptual underpinnings of the RFA technique, describes the steps involved in performing the analysis, and presents some examples of RFA applications and results. project activity flow chart to help organize the RFA. The flow chart defines the tasks to be modeled and their interrelationships for the project schedule analysis. WBS and schedule tasks may be consolidated and/or expanded to explicitly highlight those tasks and influences that are expected to have a significant technical risk and/or significant uncertainty in schedule or cost performance. The flow chart is developed...

Words: 2257 - Pages: 10

Premium Essay

Iram 2

...struggling to understand what the threats to their information assets are and how to obtain the necessary means to combat them which continues to pose a challenge. The ISF’s Information Risk Analysis Methodology (IRAM) enables organizations to access business information risk and select the right set of security controls to mitigate that risk. IRAM2 Founded in 1989, the Information Security Forum (ISF) is an independent, not-for-profit association of leading organizations from around the world. It is dedicated to investigating, clarifying and resolving key issues in cyber, information security and risk management by developing best practice methodologies, processes and solutions that meet the business needs of its Members. ISF aims its products at large public and private sector organizations, and produces an annually updated Standard of Good Practice for Information Security. This approach has three phases: a business impact assessment which determines the security requirements of the business, a threat and vulnerability assessment, and control selection. IRAM2 is a simple, practical yet rigorous business essential that helps ISF Members identify, analyze and treat information risk throughout the organization. The standard and its related tools, which must be purchased from ISF, make for a thorough risk management package. The price of the materials includes user guides and attendance at some ISF events....

Words: 2215 - Pages: 9

Premium Essay

Success

...course) Course Venue:     Las Vegas, Nevada, USA Course Duration:  4 days Course Time:       9AM-4PM Course Dates:      Management Training Courses Calendar Course Fees:       $3,999 | Option 2: Operations Management Courses Online: $995 Why IIM?:            CEO Club | Training Excellence | Client Testimonials Course Audience:  * COO's Team: Operations Managers, Procurement Managers, Supply Chain Managers, Production Managers, Manufacturing Managers, Warehousing Managers, Inventory Managers, Quality Managers, R&D Managers, Innovation Managers, Project Managers, Entrepreneurs, and Operations Management Consultants. Course Objectives:  * Provides an understanding of operations management framework * Offers experiential analysis to understand the challenges of COOs and Operations Managers * Provides an understanding of the functions and practices of production and operation managers * Training topics include supply chain management, research and development (R&D), manufacturing, project management and quality management * Provides insights on how to develop strategies, initiatives and programs to introduce and sustain competitive operations in organizations * Focuses on lean six sigma best practices, tools and models to develop and implement an effective operations management system * This course emphasizes operations management decision-making. It does not cover  engineering, technical or mathematical topics Course - Training Focus: ...

Words: 1175 - Pages: 5

Premium Essay

Financial Statements

...has been made to understand the following aspects of liquidity management: ● Definition of Liquidity ● Dimensions and Role of Liquidity Risk Management ● Measuring and Managing Liquidity ● Measurement of Liquidity through Ratio Analysis 2.1 INTRODUCTION: The objectives of ALM are two fold: ensuring profitability and ensuring liquidity. Liquidity which is represented by the quality and marketability of assets and liability exposes the organization to liquidity risk. Unlike other risks like interest rate risk, market risk, operational risk etc. that can threaten the very solvency of the bank, liquidity risk is a normal aspect of every day management of a financial institution. In extreme cases, liquidity problems translate into solvency risk problems. As such, bankers should be more aware of the need for bank liquidity. 2.2 DEFINITION: Banks need liquidity to meet deposit withdrawals and to fund loan demands. The variability of loan demand and variability of deposit determine a bank’s liquidity needs. Liquidity represents the bank’s ability to accommodate decreases in liability and to fund increases in assets. A bank is said to have sufficient liquidity when it can obtain sufficient funds either by increasing liabilities or by converting assets, promptly at a reasonable cost. 2.3 DIMENSIONS & ROLE OF LIQUID & RISK MANAGEMENT: Bank’s liquidity management is the process of generating funds to meet contractual or relationship obligations at reasonable...

Words: 2842 - Pages: 12

Free Essay

Organizational Systems and Quality Leadership

...time. The patient was elderly and on chronic oral opioid medications. “Normally these types of medications are administered with low doses and titrated per patient’s sedation level. Patient, monitoring or sedation level weren’t assessed between doses. This event is known as a sentinel event. In any situation that causes injury, or death a root cause analysis must be completed and reported to the Joint Commission. B. To implement a change in the conscious sedation procedure a team or committee needs to be established. All staff in the emergency room can become active participants by joining a committee or subcommittee. These main categories may include patient characteristics, task factors, individual staff members, team factors, work environment, and organizational management (IHI, 2014). A cause and effect, or wishbone graph can be constructed to clarify the error and process for the team, leading up to the event. The committee then needs to develop causal statements. These statements link the cause to its effects and then back to the main event that promoted the root cause analysis. These statements link the cause to its effects and then back to the main event that...

Words: 4623 - Pages: 19

Premium Essay

Developmental Economics

...development programs, and provide a yardstick for the 23 international organizations committed towards implementation of the MDGs. The current MDG framework (2007) is the revised version which came after a review done by the UN-Secretary General who added four new targets to the previous framework of 2003. The base year however, remained 1990. PAKISTAN’S MDG PROGRESS (Planning Commision, 2013) Pakistan, being a member of UN has had the opportunity to develop under the UN programs and goals. The MDGs sets in 1990 are no exception. Pakistan has taken on the eight goals of MDGs. The progress is measured by the 16 targets; subdivided into 41 indicators. Below is a description of the status of Pakistan on each of the MDG and a short analysis of the same. Goal 1: Eradicate extreme poverty and hunger This MDG has the three same targets as set by the UN i.e. to halve the proportions of people living below the poverty line, to realize...

Words: 2152 - Pages: 9

Premium Essay

Wwww

...Financial intermediation 陈鸣杰 F1003 201048950504 CONTENTS The process of financial intermediation………………………………..2 The deposit-taking financial intermediaries…………………………..4 The non-deposit-taking financial intermediaries………………………6 The Impact of non-depository financial institutions…………………..9 How to facilitate the transfer of liquidity from surplus to deficit units in the economy………………….. ………………….. …………………..10 The process of financial intermediation In a market economy, the savings - investment into the process is carried out around the financial intermediaries to financial intermediation of savings into investment in the basic process of institutional arrangements. The basis of the existence of financial intermediaries such as the field has been the concern of financial. Financial intermediaries to discuss the issue, we must first make the meaning of the definition of financial intermediaries. Financial intermediation by the banking financial intermediaries and the general non-bank financial intermediaries form, specifically including commercial banks, securities firms, insurance companies, and information consulting services and other intermediary institutions, finance is the core of modern economy. Books related to financial intermediation. In the modern market economy, the financial activities closely with the economy, the scope of financial activities, quality directly affects the performance of economic activity...

Words: 2554 - Pages: 11

Free Essay

Assessment of the Mdgs in Nigeria

...ASSESSMENT OF THE MILLENNIUM DEVELOPMENT GOALS IN NIGERIA INTRODUCTION The Millennium Development Goals (MDGs) which had been earlier discussed in the previous chapters are objectives set out by the United Nations (UN) in the year 2000 to upgrade its member states especially those that are classified as Third World Countries (TWCs) in the area of social and economic development. Nigeria is classified as a country in the Third World and therefore the MDGs were created to address the socio-economic problems which have been discussed in the previous chapter that Nigeria has faced in the past and is still facing in the present. So many of the problems should have been a thing of the past but factors such as bad governance and corruption have made the problems persist and if these problems are not properly attended to, they will creep into the future. Nigeria adopted the MDGs with other UN members in the year 2000 and has taken up various developmental plans/strategies such as National Economic Empowerment Development Strategy (NEEDS) and the Nigeria Vision20:2020 (NV20:2020). Most of these strategies fall in line with the MDGs. The MDGs are eight and each goal has a target and each target have indicators. The MDGs have eight goals with 21 targets and about 60 indicators. MDG TARGETS AND INDICATORS These goals with its targets and indicators are listed below: Goal 1: Eradicate extreme poverty and hunger Target 1A: Halve the proportion of people living on less...

Words: 2193 - Pages: 9

Premium Essay

Documents

...College of Engineering and Technology, Natham TOTAL QUALITY MANAGEMENT BA*114 TOTAL QUALITY MANAGEMENT LT P C 3003 UNIT I INTRODUCTION TO QUALITY MANAGEMENT 9 Definitions – TOM framework, benefits, awareness and obstacles. Quality – vision, mission and policy statements. Customer Focus – customer perception of quality, Translating needs into requirements, customer retention. Dimensions of product and service quality. Cost of quality. UNIT II PRINCIPLES AND PHILOSOPHIES OF QUALITY MANAGEMENT 9 Overview of the contributions of Deming, Juran Crosby, Masaaki Imai, Feigenbaum, Ishikawa, Taguchi techniques – introduction, loss function, parameter and tolerance design, signal to noise ratio. Concepts of Quality circle, Japanese 5S principles and 8D methodology. UNIT III STATISTICAL PROCESS CONTROL AND PROCESS CAPABILITY 9 Meaning and significance of statistical process control (SPC) – construction of control charts for variables and attributed. Process capability – meaning, significance and measurement – Six sigma concepts of process capability. Reliability concepts – definitions, reliability in series and parallel, product life characteristics curve.Total productive maintenance (TMP) – relevance to TQM, Terotechnology. Business process re-engineering (BPR) – principles, applications, reengineering process, benefits and limitations. UNIT IV TOOLS AND...

Words: 15671 - Pages: 63

Premium Essay

Nutrition

...activities (24 hour period). Write down your activities and the time spent on each throughout your day. Include time sleeping or sitting quietly – all activities, including sedentary ones, burn calories. Use the website: choosemyplate.gov and the “Super Tracker” feature to analyze your diet and physical activity. Create a profile for yourself and enter your foods and beverages (item and quantity consumed) for analysis. Substitute a food of similar nutrient content if you can’t find a match within the database. Or, enter ingredients separately for mixed food items. For example, a taco might have: a corn shell, beef, lettuce, cheese, tomatoes etc. See the last page of this document for more detailed instructions for setting up your profile within Super Tracker. Enter your 24 hours of activity into the “Activity Tracker” portion of the program. Refer to the Rate Your Plate Grading Guidelines Rubric for specific grading information for this project – attached at the end of this document. The time required to complete the diet records, data analysis, and evaluation is approximately 5-10 hours. Start early. Page numbers and appendix references refer to information found in your textbook. Part #1.) MyPlate Comparison: Compare one day of your intake to the MyPlate guidelines. Look at your serving sizes, foods consumed, and any patterns in your intake. 1a.) Describe...

Words: 5855 - Pages: 24

Premium Essay

Budget for Planning and Control

...information from throughout the firm so that an internally consistent production plan can be devised. The budgeted numbers are then used to record certain transactions. Differences between budgeted and actual performance then appear in the accounting records, and can be analyzed so as to evaluate the performance of the firm. The budgeting process interacts with the operations research process in two ways. First, the budget process facilitates the transfer of both accounting and non-accounting information to those involved in operations. This information provides a basis for the formulation of the firm's production plan. Second, the budget reflects the production plan, and becomes a benchmark for subsequent performance evaluation. An analysis of deviations from the budget provides additional information that can be used when formulating the next period's production plan. The Planning Stage Feldman Toy Company makes two types of toys, regular and deluxe. Each toy requires the use of machine time in the production process. To illustrate the way the budget process works, consider the machinery department in Feldman. First, the department develops a flexible budget. A flexible budget for the machinery department is a prediction of that department's expenses during the accounting period as a function of its level of activity. By analyzing prior results, the department forecasts the relationship between its costs and activity level. For...

Words: 4699 - Pages: 19

Premium Essay

Jobs in Science

...for emergency blood transfusions or to see if someone has had a heart attack. Biomedical scientists can work in three areas: infection sciences; blood sciences; and cellular sciences. Infection sciences include: •medical microbiology - identification of micro-organisms causing disease and their antibiotic treatment; •virology - identification of viruses, associated diseases and monitoring the effectiveness of vaccines. Blood sciences include: •clinical chemistry - analysis of body fluids and toxicology studies; •transfusion science - determination of donor/recipient blood compatibility, ensuring blood banks are sufficient; •haematology - form and functions of blood and related diseases; •immunology - understanding the immune system and its role in combating disease. Cellular sciences include: •histopathology - microscopic examination of diseased tissue samples; •cytology - best known for cervical smear screening, but also covers other cellular analysis; •reproductive sciences - analysis of samples to detect fertility...

Words: 9745 - Pages: 39

Premium Essay

Report

...Food Hydrocolloids 23 (2009) 1827–1836 Contents lists available at ScienceDirect Food Hydrocolloids journal homepage: www.elsevier.com/locate/foodhyd Effect of replacement of fat with sesame oil and additives on rheological, microstructural, quality characteristics and fatty acid profile of cakes M. Sowmya a, T. Jeyarani b, R. Jyotsna a, D. Indrani a, * a b Flour Milling, Baking and Confectionery Technology Department, Central Food Technological Research Institute, Mysore 570 020, Karnataka, India Lipid Science and Traditional Foods Department, Central Food Technological Research Institute, Mysore 570 020, Karnataka, India a r t i c l e i n f o a b s t r a c t Article history: Received 25 August 2008 Accepted 2 February 2009 Effect of replacement of fat with 25, 50, 75 and 100% sesame oil (on fat basis); 50% sesame oil, hydrocolloids and emulsifiers on the rheological, microstructural, quality characteristics and fatty acid profile of cake was studied. Addition of increasing amount of sesame oil decreased viscosity, increased specific gravity of cake batter; decreased cake volume and overall quality score. Microstructure studies showed disrupted gluten matrix. Among the two different hydrocolloids [hydroxypropylmethylcellulose (HPMC) and xanthan] and emulsifiers [glycerol monostearate (GMS) and sodium stearoyl-2-lactylate (SSL)] tried, HPMC and SSL increased the batter viscosity, decreased the specific gravity, increased the volume and overall quality...

Words: 8414 - Pages: 34

Premium Essay

Total Quality Management

...UNIVERSITI TEKNOLOGI MARA, SHAH ALAM FACULTY OF BUSINESS MANAGEMENT MASTERS OF BUSINESS ASMINISTRATION (BM 770) MANAGERIAL ACCOUNTING (ACC 770) INDIVIDUAL ASSIGNMENT: CONTEMPORARY MANAGERIAL ACCOUNTING (CONCENTRATION AREA: TOTAL QUALITY MANAGEMENT) PREPARED BY: STUDENT ID.: PREPARED FOR: NURWAHIDA BT. MOHD. YAAKUB 2009782101 DR. AZIZAH BT. ABDULLAH SUBMISSOION DATE: 10 FEBRUARY 2010 Table of Contents Contents Chapter One: Introduction to Contemporary Managerial Accounting Concepts 1. 2. Value Chain a. Just in Time (JIT) b. Total Quality Management (TQM) c. Theory of Constraints 3. 4. 5. 6. 7. 8. 9. Target Costing Kaizen Costing Life Cycle Costing (LCC) Pricing Methods Uses and Limitations of Cost-Based and Market-Based Pricing Factors Affecting Prices Pricing Models for Not-for-Profit Organizations 3 4 5 5 6 7 8 9 10 11 11 Page Chapter Two: Total Quality Management (TQM) – an Introduction and Its Applications Chapter Three: Conclusion Appendix 1: References 12 23 CHAPTER ONE: INTRODUCTION TO CONTEMPORARY MANAGERIAL ACCOUNTING CONCEPTS Over the years, the managerial accounting practices had evolved. From the traditional costing method, many firms now have adopted the contemporary managerial practices to achieve better product costing and manufacturing processes. There are many contemporary managerial accounting in practice, some of them being Value Chain, Just-In-Time (JIT) Manufacturing, Total Quality Management (TQM) and the Theory of Constraints...

Words: 6580 - Pages: 27