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Lance Eisen J. Gonzaga
CEIT-06-201P

1. We can determine certain problems present in the company that can be Solve by industrial engineers

2. We can see if the implemented solution has any effect in the company.

3. Identify certain trends in the industry of industrial engineering and see if it can be implemented in a worldwide or local environment

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Iglesias, Shane Emmanuelle - Application of Statistics for IE

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Iglesias, Shane Emmanuelle - Application of Statistics for IE

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1. Since Engineers solve some of industry problem, the problem can be easily known with the help of Statistics.
2. Statistics can help in making more accurate decisions.
3. Statistics can be very helpful to IE since with this they can do error analysis.

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REGIDOR,Rizaldy Application of Statistic in IE

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REGIDOR,Rizaldy Application of Statistic in IE

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1. It can help the company to make decisions more accurate.
2. We can predict what course of action to do in certain problems.
3. We can analyze the flow of production and devise an efficient system.

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Three Applications of Statistics in Industrial Engineering

•Financial Modelling- statistics helps predict financial performance.
•Identifying Quantities (ex. product)- statistics helps identify the necessary quantity as per the demands of the target customer.
•Production Planning- statistics plays one of the most vital role in production planning since it allows identifying consumers' preferences.

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Paragoya-3 Applications of Statistics in IE

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Paragoya-3 Applications of Statistics in IE

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1. Data management
2. To forecast future demands
3. Statistical Quality Control

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Mangabat, Vince Zachary M. / 3 application of Statistics in IE

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Mangabat, Vince Zachary M. / 3 application of Statistics in IE

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1. Using statistics, you can calculate and monitor the performance of your process to improve efficiency or detect changes.
2. Statistics can help predict expected financial performance.
3. To predict future data's

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1.      MANUFACTURING

2.      OPERATIONS RESEARCH

3.      BUSINESS ANALYTICS

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Reyes, Djelicka A. -Application of Statistics in IE

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Reyes, Djelicka A. -Application of Statistics in IE

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In producing and manufacturing products, on how much/many the raw materials and how much will be the cost that is needed to produce something new and how many products will be produced.

In distribution of products, on how it will be distributed to those franchise business.

In recording the cost spend to create a new material, the targeted income and the income itself, on computing the salary of every worker.

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Application of Statistics in the field of IE- Cruz, Travis Ray S.

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Application of Statistics in the field of IE- Cruz, Travis Ray S.

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1. Can assist manufacturers in making more accurate decisions.
2. Can help us predict whether something is going to happen like for example typhoon or earthquakes.
3. Can help us make decisions based on the probability so that we can decide better.

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Menor, Cielito Herretta-3 application of statistics for IE

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Menor, Cielito Herretta-3 application of statistics for IE

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-Risk management
-Statistical Process Control in creating decision making processes and creating mathematical models
-Quality improvement

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CARREON, Don Mark Bryan Applications of Statistics in IE

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CARREON, Don Mark Bryan Applications of Statistics in IE

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1.) BASIC STATISTICAL PRINCIPLES- Data Hypothesis Testing, to see if one data set is statistically significant from another, and to see if one data set's value provides a higher/lower average subject to some level of significance, and to see if one data set's value provides a higher/lower average.
2.) Statistics used to determine future demand forecast.
3.) Industrial Engineers can use statistics to identify the primary aspects that influence efficiency and make recommendations to the production department.

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Batocabe, Dave Drexelle C.                         Applications of Statistics in the field of IE   

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Batocabe, Dave Drexelle C.                         Applications of Statistics in the field of IE   

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1. Data gathering and decision making.
2. Problem solving both situational and in terms of numbers.
3. Financial Analysis

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1.) Companies can benefit from statistical analysis in order to make more accurate decisions

2.) Statistical approaches can be used in the field of industrial engineering to calculate and monitor the performance of processes in order to increase efficiency or detect changes.

3.) Identify which issue in a company need the greatest attention and how it may be resolved.

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1. Improving Production
2. Data Analysis
3. Measurements System

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"Probability and Statistics" in Industrial Engineering. They could be the applications that were in the past or are in the present, or maybe in the future for industrial engineers.

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"Probability and Statistics" in Industrial Engineering. They could be the applications that were in the past or are in the present, or maybe in the future for industrial engineers.

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1. Data gathering
1. Data analysis
2. Financial analysis

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Rentoria, Gianna Chyler F.
CEIT-06-201P

1. Risk management

2.  Statistical Process Control in creating decision making processes.

3. Creating mathematical models, quality control, quality improvement, reliability.

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Sopheeya Lorraine Fernandez
CEIT-06-201P

1. Statistics produces accurate information for various processes that involves decision-making in taking the next course of action.

2. It also reduces system errors and losses by assessing the situation from statistical data.

3. It aids in planning and improving production or management efficiency with regards to current situations.

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SAMPAGA, Mark Adrian    Application of Statistic in IE          

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SAMPAGA, Mark Adrian    Application of Statistic in IE          

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1. Statistics help in learning mathematical concepts better

2. Statistics helps in collecting appropriate quantitative data

3.Statistics is used for the graphical representation of the collected data. Statistics can compare information through median, mean, and mode.