Question

In: Operations Management

Question 1 i. Explain briefly with an example how customer complaints can be a source of...

Question 1

i. Explain briefly with an example how customer complaints can be a source of new product idea

ii. Using a phone’s battery to illustrate, explain briefly how the mean time between failures (MTBF) can be used as a measure of a product’s reliability

Solutions

Expert Solution

1. It is true that customer complaints could help to company to come up with better and innovative product ideas to help to solve the problem of the customer and also introduce a new product market in the market. For example, when people and customers were satisfied with Nike's shoes for better performance in the sports, many athletes weren't as satisfies with the shoes because of lack of grip while playing basketball. They need grip and sole with the news that would eventually help the atheletes to jump higher and run faster. To solve this customer problem, Nike came up with its innovative and new product idea of specialised Basketball shoes to ensure the atheletes are satisfied enough with the performance of the shoes which are especially made for NBC players for better grip and speed in basketball.

2. Mean time between failures or MTBF refers to the predicted mean time between the estimated or inherent failures for any electronic or mechanical system during a normal system operation. This MTBF could be calculated using the arithmetic mean or average time that lies between the failures of a system. For example taking a phone's battery as an example, this MTBF would calculate the time between the no. of failure that is occuring in the working of the same battery. The longer is the time of failures between two predicted time where the batteryy could run out, the better the reliability of the phone's battery would be. The shorter the time between two inherent eatimated failures, the less reliable the phone's battery would be.


Related Solutions

1 Explain how customer complaints can be a source of new product idea (2 marks). Question...
1 Explain how customer complaints can be a source of new product idea . Question 2 Using a phone’s battery to illustrate, explain how the mean time between failures (MTBF) can be used as a measure of a product’s reliability . Question 3 Your firm is keen on ensuring that customer requirements are adequately captured as measurable design specifications. Recommend an appropriate quality improvement tool that can enable your firm to achieve this objective. (1 mark). Question 4 State the...
Explain briefly on the source of capital in managing new venture management and give 1 example...
Explain briefly on the source of capital in managing new venture management and give 1 example and explain it (Exp, venture capitalist). Not less than 300 words.
Residence and Source 1.         Briefly explain the relevance of ‘residence’ and ‘source’ in determining a taxpayer’s...
Residence and Source 1.         Briefly explain the relevance of ‘residence’ and ‘source’ in determining a taxpayer’s taxation liability. 2.         What four tests are used to determine the question of an individual’s ‘residence’? 3.         How have the courts interpreted the phrase ‘permanent place of abode’? 4.         Define ‘domicile’. 5.         Briefly describe: (a)        domicile of origin; (b)       domicile of choice; (c)        domicile of dependency. 6.         In broad outline, how do you determine the ‘source’ of particular income? What are the possible sources...
Briefly explain the difference between point source and nonpoint source water pollution? Provide one example each
Briefly explain the difference between point source and nonpoint source water pollution? Provide one example each
I. Instructions: Read the following question and briefly answer the following: 1. Explain, How does teamwork...
I. Instructions: Read the following question and briefly answer the following: 1. Explain, How does teamwork benefit the leader's role?
Briefly describe with an example how HR can implement below motivation system in an organisation i)...
Briefly describe with an example how HR can implement below motivation system in an organisation i) intrinsic satisfaction ii) economic rewards iii)social relationship iv) work environment
Question 1. Use one example to explain how bad institutions and policies can raise the cost...
Question 1. Use one example to explain how bad institutions and policies can raise the cost of investments. (10 marks)
Can someone explain how to manipulate the clock in verilog code? For example, I do not...
Can someone explain how to manipulate the clock in verilog code? For example, I do not understand how to go from 100MHz to 68027Hz.
Answer the following: 1. Explain how a field's literature can be a source of significant research...
Answer the following: 1. Explain how a field's literature can be a source of significant research questions or problems. 2. List some important characteristics of literature reviews. 3. Explain the difference between one tailed hypotheses and two-tailed hypotheses
QUESTION 1 (a) Using words and/or equations, briefly explain the following concepts. (i) Degrees of freedom...
QUESTION 1 (a) Using words and/or equations, briefly explain the following concepts. (i) Degrees of freedom (ii) The difference between the stochastic error term and the residual. Make sure that you define both terms, state how they are similar, state how they are different and provide examples of an equation with a stochastic error term and one that contains a residual. (b) What are the major consequences of including an irrelevant variable in a regression equation? (c) You are a...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT