Fault Tree Analysis

There are two most commonly used gates in the fault tree analysis: AND Gate and OR Gate.OR Gate - Output occurs if any inputs occur.- If all of the inputs fail, the system fail.AND Gate - Output occurs if all inputs occur.- If any of the inputs fail,...

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Jun 17, 2021
5 Tips For Better Communication With Your Supplier

it is important to maintain supplier relationships, as the suppliers are the backbone of your business. They provide the materials, components, and services that a company needs to operate. Here are some tips to have open communication with suppliers...

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May 01, 2021
What is a SWOT Analysis and Why You Should Be Doing It?

The SWOT (Strengths, Weaknesses, Opportunities, and Threats) analysis technique helps in identifying the strengths, weaknesses, opportunities, and threats of a given business, organization, or project. There are many reasons why this technique is imp...

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Apr 24, 2021
Customer Segmentation

What is customer segmentation?Customer segmentation is the process of segmenting a customer group into smaller groups in order to obtain a clear understanding of their unique needs and expectations. Customer segmentation is a method of analyzing the...

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Apr 23, 2021
What is Total Quality Management (TQM)?

What is Total Quality Management (TQM)? Everything You Need to KnowTotal Quality Management (TQM) is an approach to achieve long-term success through continuous improvement.What is Total Quality Management?TQM and its variations have been around for...

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Apr 23, 2021