Essays about: "importance of statistics in business production"

Found 5 essays containing the words importance of statistics in business production.

  1. 1. Predicting the Impact of Supply Chain Disruptions Using Statistical Analysis and Machine Learning

    University essay from KTH/Matematisk statistik

    Author : Hannes Andersson; John Sjöberg; [2023]
    Keywords : Supply chain disruption; SMOTE; feature engineering; machine learning; random forest; statistics; applied mathematics; Störning i försörjningskedja; maskininlärning; matematik; statistik;

    Abstract : The dairy business is vulnerable to supply chain disruptions since large safety stocks to cover up losses are not always a viable option, therefore it is crucial to maintain a smooth supply chain to ensure stable delivery accuracies. Disruptions are unpredictable and hard to avoid in the supply chain, especially in cases where production errors cause lost production volume. READ MORE

  2. 2. Making material handling more efficient : reduction of non-value-adding activities at a wood products company

    University essay from SLU/Dept. of Forest Economics

    Author : Karin Gyllengahm; [2020]
    Keywords : ABC analysis; agility; business modelling; inventory; inventory layout; lean; material handling; operations management; order picking; value stream map; VSM; ABC analys; affärsmodellering; flexibilitet; lager; lagerstruktur; materialhantering; operativ ledningsteori; orderplockning; värdeflödesanalys;

    Abstract : The forest industry is one of the most important businesses in Sweden, accounting for 9-12 percent of the Swedish industry's total occupation, export, turnover, and added value. Although the investments made by the Swedish forest sector reached a new record during 2017, the industry stills struggle with low profitability. READ MORE

  3. 3. Determine planning method in the storage area

    University essay from Lunds universitet/Produktionsekonomi

    Author : Ying Liu; [2015]
    Keywords : storage area;aisle;location;genetic algorithm; Technology and Engineering;

    Abstract : ABSTRACT Ji Yuan Hai Wan Shi Ye AB started in the December of 2011, is co-funded by the Xiamen Hai Wan AB and Luo Yang Shi Hua. It has integrated business such as scientific research, production and trade together. The company locates in the industrial manufactory area at Ji Yuan, Henan Province. READ MORE

  4. 4. Preparation for transportation negotiation

    University essay from Göteborgs universitet/Graduate School

    Author : Sofia Sahlin; [2011-07-18]
    Keywords : Forwarder; preparation; transportation; negotiation; drivers for change;

    Abstract : Due to the fact that it is once again a shift within the world trade market, companies tend to have production closer to their end market. For a Swedish company this means to have less production in Asia to the favour for Europe. READ MORE

  5. 5. The right to health and right to intellectual property in the EU. Analysis of the internal and external policies.

    University essay from Lunds universitet/Juridiska institutionen

    Author : Beata Faracik; [2002]
    Keywords : Human Rights Law and Intellectual Property Rights; Law and Political Science;

    Abstract : It is very common nowadays to speak of an ''information society'' in which control of information or information based knowledge has replaced control over matter as an ultimate source of economic power. The intellectual creations protected through patents, trade marks, copyrights etc constitute often a huge part of the companies' intangible assets. READ MORE