By C. F. Manski
Read Online or Download Analog Estimation Methods in Econometrics PDF
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Extra resources for Analog Estimation Methods in Econometrics
3 Reliability – a twenty-ﬁrst century paradigm shift 27 ‘‘These new VCRs are more complex and do many more things. They record video, audio in stereo and hi-ﬁ stereo, they edit, and so on. Then, he asked a question and the room fell quiet. ’’ There was no answer coming from the table. The chief claimed that the improved reliability of the current technology was due to sound design and the removal of faults that are inherent in the design itself. This can be accomplished by identifying and removing faulty manufacturing processes with rapid corrective actions on ﬁeld failures.
The risk plan needs to include all the functions that are affected in the life cycle of the product. Risk issues that relate to maintenance, manufacturability, design, safety, and environment are included. Unfortunately, these activities are reactive and thus add to the program development time. However, it will be shown later that the net result of these activities is the reduction in product development cost. There are also proactive reliability activities that occur in advance of product development that help reduce product development time and improve product reliability.
There are two necessary requirements that are needed to deliver the knowledge of the process. The ﬁrst requirement is to have a charismatic leader or champion, who is highly knowledgeable about the process and is a good communicator of what needs to be done. Salesmanship here can be of great value. The second requirement is that management needs to support the necessary changes required to implement the new process. Both these requirements are necessary ingredients for success. Most importantly, management support is an absolute necessity.