Economic Process Control Under Uncertainty

ECONOMIC PROCESS CONTROL UNDER UNCERTAINTY

AbstractAuthors: Felicien Kanyamibwa and J. Keith Ord The future of the global industry lies in the continuous improvement of both products and processes, a renewed commitment to competition, and an aggressive approach to satisfying customers needs in quality, quantity, and timing. In quality management, the degree of customer satisfaction for a given product may be…

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Rwanda: When Statistics Lie

Rwanda: When Statistics Lie Being an ignorant in economics matters, I approached my friend Dr. Felicien Kanyamibwa who is a statistician and econometrician and a Rwandan expert to explain the discrepancies in the Rwandan GDP and economic growth numbers. I was trying to understand the discussions between two Rwandans: One, Dr. Ngarambe Joseph, who claimed…

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