Six Sigma and Beyond: Design for Six Sigma, Volume VI
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Develop awareness to potential
Products
Operations
Planning
Investments
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Selection methods
Intuitive
Scientific
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Considerations
Noncompetitive product
Low volume
High warranty
Quality problems
Vendor problems
Manufacturing difficulties
Capital investments
High manpower requirements
Bottlenecks
Potential market
Government regulations
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SIVE analysis
List potential projects
Potential saving
S
Implementation cost
C
Confidence factor
F
Project priority
R
R = S/C — F
Confidence factor
F
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Poor
1
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Questionable
2
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Fair
3
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Good
4
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Very good
5
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Example
1
2
3
S =
$60,000
$20,000
$2000
C =
$10,000
$10,000
$500
F =
1
5
4
R =
6
10
16