Please respond to this weeks discussion forum in at least 250 words and APA cited referenceRequiredChapter 20 in Project Management: A Systems Approach to Planning, Scheduling, and ControllingPart 1: Chapter 8 in A Guide to the Project Management Body of Knowledge (PMBOK® Guide)RecommendedAmerican Society for Quality [ASQ]. (2015). Knowledge center. Retrieved from http://asq.org/knowledge-center/index.htmlFierro, R. (2016). Buying into quality. Quality Progress, 49(9), 30-37. International Organization for Standardization. (2015). ISO 9000—quality management. Retrieved from http://www.iso.org/iso/home/standards/management-standards/iso_9000.htmThe seven quality tools identified in this week’s assigned reading provide structured analysis approaches for identifying and solving problems.Select one of the seven tools specified in this week’s assigned reading.Describe its benefits in the context of a project example.Integrate the course readings and support the post with appropriate citations and references.Below is an example of another students entry from this weeks discussion:Note this is only an example of what other students are posting and does not require a response.Discussion Board – Module 6November 11, 2019 According to Kerzner (2017), there are seven basic tools of statistical process control. The tools are used to provide a graphical and measured representation of process data. These representations allow users to control products and processes. The seven tools include data figures, Pareto analysis, cause-and-effect analysis, trend analysis, histograms, scatter diagrams, and process control charts (Kerzner, 2017). Cause-and-Effect Analysis Kerzner (2017) states that “cause-and-effect analysis uses diagramming techniques to identify the relationship between an effect and its causes” (p.711). The resultant diagrams are called cause-and-effect or fishbone diagrams. Figures 1 and 2 show the cause-and-effect diagram and the corrective action diagram. The cause-and-effect analysis is divided into 6 steps. Identify the problem (problem statement)Select interdisciplinary brainstorming teamsDraw problem box and prime arrow (see Figure 1 for steps 3 – 5)Specify major categoriesIdentify defect causesIdentify corrective action (see Figure 2) (Kerzner, 2017)Figure 1. Cause-and-effect diagram. Adapted from Project Management: A systems approach to planning, scheduling, and controlling (12th ed.) by H. Kerzner, 2017, Wiley, p. 712.Figure 2. Corrective Action. Adapted from Project Management: A systems approach to planning, scheduling, and controlling (12th ed.) by H. Kerzner, 2017, Wiley, p. 714.Project Example The manager identifies a problem with product quality. He gathers his interdisciplinary brainstorming team to determine the causes of poor product quality. The manager begins constructing the cause-and-effect diagram by drawing the problem box and the prime arrow. He then identifies the major categories which are contributing to the problem. The team finds that poor product quality is being caused by defective materials, poorly trained employees, and machinery breakdowns. They recommend that the company change material suppliers, retrain the employees, and increase machinery maintenance. The manager recommends corrective actions to management. ReferencesKerzner, H. (2017). Project Management: A systems approach to planning, scheduling, and controlling (12th ed.). Hoboken, NJ: Wiley

write a report about nokia and Ericsson supply chain in 2000:Discuss Nokia and Ericsson supply chain issues in 2000. Determine the reasons for Nokia and Ericsson' supply chain issues in 2000. What risk management strategies used by both companies to overcome that problem?

The main goal of financial management is to maximize intrinsic stock values for the benefit of society. In this regard, special companies, reduce costs by innovative production processes, create value for customers by providing high quality products and services, and create value for employees by training and fostering an environment that allows employees to utilize all of their skills and talents.Financial Statements provide an overview of the company’s operating results. Well managed companies use their operating cash flows in different ways, to include capital expenditures, acquisitions, dividend payments, stock repurchases, and saving for future needs. Which company made the right choices? Only time will tell.Investors and managers use financial ratios to analyze financial statements. To this end some of the techniques used are trend analysis, common size analysis, and percentage change analysis. In addition, the financial ratios of a company are tied together in the DuPont Equation. Finally, the ratios are used to compare with other companies in the same industry. James Madison was brought in as assistant to Computron’s chairman, who had the task of getting the company back into a sound financial position. Madison must prepare an analysis of where the company is now, what it must do to regain its financial health, and what actions to take. Your assignment is to help her answer the following questions, using the recent and projected financial information shown next. Provide clear explanations, not yes or no answers.Why are ratios useful? What three groups use ratio analysis and for what reasons?Calculate the profit margin, operating profit margin, basic earning power (BEP), return on assets (ROA), and return on equity (ROE). What can you say about these ratios?Calculate the inventory turnover, days sales outstanding (DSO), fixed assets turnover, operating capital requirement, and total assets turnover. How does Computron's utilization of assets stack up against other firms in its industry?