5.2 DMADOV Phase.pptx
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The DMADOV methodology is a Design for Six Sigma (DFSS) approach that involves 6 steps: Define, Measure, Analyze, Design, Optimize, and Verify. It is used to design new processes, products, or services. In the Define step, customer requirements are gathered. Measure involves translating requirements into engineering specifications. Analyze develops concepts and evaluates alternatives. Design generates the solution. Optimize refines the design using tools like experiments. Verify finalizes the design and implements controls. DMADOV forces consideration of optimization to refine the design.
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The document discusses negotiable instruments under the Negotiable Instruments Act of 1881. It defines negotiable instruments as written documents that are freely transferable and create rights in favor of someone. The key types of negotiable instruments covered are bills of exchange, promissory notes, and cheques. It describes the characteristics and legal requirements for each, as well as classifications like demand vs. term bills, inland vs. foreign instruments, and bearer vs. order vs. crossed cheques. Presumptions under the Act regarding instruments are also outlined.
LBE 2.2.pptx
The document discusses the transfer of property or ownership in contracts for the sale of goods under Indian law. It outlines several key sections of the law related to when property passes in different types of contracts, delivery of goods, the rights and obligations of buyers and unpaid sellers, and more. Specifically, it discusses provisions around the passing of property for specific goods, unascertained goods, goods sent on approval, reservation of right of disposal, risk of loss, delivery requirements, installment delivery, rejected goods, the rights of lien, stoppage of goods, and resale for unpaid sellers. It also outlines buyer rights like suing for the price, damages, and interest.
LBE 2.1.pptx
The document discusses various types of contracts in sales, including contracts of sale, agreements to sell, hire-purchase agreements, and bailment. It explains the differences between conditions and warranties in contracts of sale. Conditions refer to important stipulations in a contract whose non-performance constitutes a breach, while warranties are less important stipulations. The document outlines various implied conditions in contracts of sale relating to title, description, quality, fitness for purpose, and custom. It also describes implied warranties regarding possession, freedom from encumbrances, and quality/fitness according to trade usage.
LBE-1.2.pptx
This document discusses key concepts related to contracts, including consideration, breach of contract, contingent contracts, contracts of indemnity, and contracts of guarantee. Some key points:
1. Consideration is something of value given in exchange for a promise. It can be past, present or future acts and must be desired by the promisor.
2. Breach of contract occurs when a party fails to fulfill their contractual obligations. This can be an actual or anticipatory breach.
3. A contingent contract is one whose performance depends on an uncertain future event. If the event occurs or does not occur, the contract is enforced or voided accordingly.
LBE 1.1.pptx
This document outlines a course on legal and business environment. It includes 5 units that cover topics like contract law, sale of goods act, negotiable instruments act, company law, and consumer protection act. Key concepts discussed include elements of a valid contract, classification of law, essential elements of a contract, offer and acceptance, consideration, and discharge of contracts. The document also lists course outcomes related to defining key legal terms, summarizing acts, explaining provisions, and comparing instruments.
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9
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- 1. DMADOV (Define, Measure, Analyze, Design, Optimize, Verify) Presented By Dr. Niraj Chaudahri Assistant Professor, Sanjivani College of Engineering , Dept.of MBA, Kopargaon
- 2. DMADOV (Define, Measure, Analyze, Design, Optimize, Verify) ➔ DMADOV for a new process/product/service ➔ The DMADOV methodology is another favorite Design for Six Sigma (DFSS) Methodologies. ➔ DMADOV uses a refinement action on its design. ➔ DMADOV forces more consideration to optimize the design by using additional tools to refine design parameters. ➔ These tools include Evolutionary Operations (EVOP), Design of Experiments, and Response Surface Methodology (RSM).
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- 4. Measure – Today’s and tomorrow’s process/service limitations ● Certainly translate customer requirements into engineering requirements ● Translate functional requirements to design parameters ● Develop/evaluate design alternatives ● Resolve design conflicts ● Flow down system designed to subsystems ● Assess risk
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