GMS 450 Study Guide - Final Guide: Failure Mode And Effects Analysis

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 450
• Professor: Khalil Abuosba

Document Summary

100% when task is completed 0 before that (cid:223) upper mgmt. constant state of worry about progress fmea: failure modes and effect analysis (risk priority #) (cid:224) functional, design, process terms: failure; failure mode (how failure occurs); failure cause (defects in 3 requi. ); failure effect (immediate consequence of failure); indenture levels (identifier for system level/ item complexity. : the value of an outcome x the probability of the outcome occurring gantt chart: wbs #, task, duration, predecessors learning curve: Tn=t1*n^((log(learning rate)/log(2)) theory states that performance of labour per unit will improve by a fixed percentage each time production doubles high values (mechanical tasks) lower values (mental tasks (problem solving)) rate in manufacturing: 80% expected cost (a+4m+b)/6 a=optimistic m=normal b=pessimistic non numeric selection methods sacred cow (senior management intelligence and valuable yrs of experience.