Preface. Preface to First Edition. 1. Financial Time Series and Their Characteristics. 2. Linear Time Series Analysis and Its Applications. 3. Conditional Heteroscedastic Models. 4. Nonlinear Models and Their Applications. 5. High-Frequency Data Analysis and Market Microstructure. 6. Continuous-Time Models and Their Applications. 7. Extreme Values, Quantile Estimation, and Value at Risk. 8. Multivariate Time Series Analysis and Its Applications. 9. Principal Component Analysis and Factor Models. 10. Multivariate Volatility Models and Their Applications. 11. State-Space Models and Kalman Filter. 12. Markov Chain Monte Carlo Methods with Applications. Index.

http://inis.jinr.ru/sl/M_Mathematics/MV_Probability/MVspf_Stochastics%20in%20finance/Tsay%20Analysis.pdf

Analysis of Financial Time Series

Six Sigma: A goal-theoretic perspective

Six Sigma is a business strategy and a systematic methodology, use of which leads to breakthrough in profitability through quantum gains in product/service quality, customer satisfaction and productivity. The concept of implementing Six Sigma processes was pioneered at Motorola in the 1980s and the objective was to reduce the number of defects to as low as 3.4 parts per million opportunities. For the effective implementation of Six Sigma projects in organisations, one must understand the critical success factors that will make the application successful. This paper presents the key ingredients, which are essential for Six Sigma implementation. These ingredients are generated from a pilot survey conducted in the UK manufacturing and service organisations.

Key ingredients for the effective implementation of Six Sigma program

Six Sigma: Definition and underlying theory

Financial benefits from quality may be derived from revenue expansion, cost reduction, or both simultaneously. The literature on both market orientation and customer satisfaction provides considerable support for the effectiveness of the revenue expansion perspective, whereas the literature on both quality and operations provides equally impressive support for the effectiveness of the cost reduction perspective. There is, however, little evidence for the effectiveness of attempting both revenue expansion and cost reduction simultaneously, and some of what little empirical and theoretical literature is available suggests that emphasizing both simultaneously may not work. In a study of managers in firms seeking to obtain a financial return from quality improvements, the authors address the issue of which quality profitability emphasis (revenue expansion, cost reduction, or both) is most effective. The authors examine firm performance using managers’ reports of firm performance and longitudinal seco...

/pdf/getting-return-on-quality-revenue-expansion-cost-reduction-4nvr2qia41.pdf

Getting Return on Quality: Revenue Expansion, Cost Reduction, or Both?

Part I: An Executive Overview of Six Sigma. Chapter 1: A Powerful Strategy for Sustained Success. Chapter 2: Key Concepts of the Six Sigma System. Chapter 3: Why Is Six Sigma Succeeding Where Total Quality "Failed"? Chapter 4: Applying Six Sigma to Service and Manufacturing. Chapter 5: The Six Sigma Roadmap. Part II: Gearing Up and Adapting Six Sigma to Your Organization. Chapter 6: Is Six Sigma Right for Us Now? Chapter 7: How and Where Should We Start Our Efforts? Chapter 8: The Politics of Six Sigma: Preparing Leaders to Launch and Guide the Effort. Chapter 9: Preparing Black Belts and Other Key Roles. Chapter 10: Training the Organization for Six Sigma. Part III: Implementing Six Sigma: The Roadmap and Tools. Chapter 12: Identifying Core Processes and Key Customers (Roadmap Step 1). Chapter 13: Defining Customer Requirements (Roadmap Step 2). Chapter 14: Measuring Current Performance (Roadmap Step 3). Chapter 15: Six Sigma Process Improvement (Roadmap Step 4). Chapter 16: Six Sigma Process Improvement (Roadmap Step 4A). Chapter 17: Expanding & Integrating the Six Sigma System (Roadmap Step 5). Chapter 18: Advanced Six Sigma Tools: An Overview. Conclusion: Twelve Keys to Success.

The Six Sigma Way: How GE, Motorola, and Other Top Companies are Honing Their Performance

The Six Sigma Way fuhrt in das Management-Konzept Six Sigma ein und umreist daruber hinaus, wie der Ansatz in einem Unternehmen angewendet werden kann. Der Durchbruch der bei der Firma Motorola Ende der 80erJahre entwickelten Methode gelang mit der erfolgreichen Umstellung der Prozesse bei GE und AlliedSignal. Die Methode unterscheidet sich von ihrem wichtigsten Vorganger Total Quality Management durch den Anspruch, nicht nur ein auf statistische Kennziffern und die Qualitat fokussierter Ansatz zu sein, sondern die gesamte Organisation auf die Bedurfnisse des Kunden auszurichten. Der Anspruch ist die Schaffung einer Unternehmenskultur der vollkommenen Kundenorientierung. Das schliest auch den Wandel des Selbstverstandnisses der Manager mit ein: Es bewegt sich weg von einer Perfektionierung der Delegationsfahigkeit hin zur Ubernahme von Verantwortung.

The Six sigma way

A Guide to the Sigma Team Fieldbook. Part I: What A Six Sigma Project Team Needs To Know Before It Gets Started. Chapter 1: A New Way to An Old Vision: The Six Sigma System. Chapter 2: Bicycle Riding and the Art of Six Sigma Management. Chapter 3: Six Secrets About Six Sigma Teams. Chapter 4: Three Ways to Six Sigma: Strategies to Improve, Create, and Manage Processes. Chapter 5: Get It Right the First Time! Selecting Winning Six Sigma Projects. Part II: A Five-Step Guide to Leading A Six Sigma Project Team Through DMAIC (Define, Measure, Analyze, Improve, Control). Chapter 6: Define the Opportunity: Identifying and Scoping Six Sigma Projects. Chapter 7: None of Us is as Smart as All of Us: Leading the Six Sigma Team Through the Define State of the Project. Chapter 8: "You Can't Measure What We Do!" Measuring Process Performance and Refining the Problem Statement. Chapter 9: Storm Clouds Ahead: Guiding the Six Sigma Team in the Measurement Stage of the Project. Chapter 10: "Call for Sherlock Holmes!" Analyzing Data and Investigating Causes. Chapter 11: Normal Data and Team Norms: Guiding the Six Sigma Team Through the Analyze Stage of the Project. Chapter 12: Improving the Process: Creating, Selecting, and Implementing Solutions. Chapter 13: "At Last, We're a Team!" Guiding the Six Sigma Team Through the Improve Stage. Chapter 14: Controlling the Improved Process. Chapter 15: The Party's Over: Celebrating the Team's Success. Chapter 16: How to Avoid Failure. Conclusion: What Difference Did the Team Make? Power Tool Worksheets. Glossary of Six Sigma Team Terms.

Roland R. Cavanagh

Papers

The Six Sigma Way: How GE, Motorola, and Other Top Companies are Honing Their Performance

The Six sigma way

The Six Sigma Way Team Fieldbook: An Implementation Guide for Process Improvement Teams

Las claves de Seis Sigma: la implantación con éxito de una cultura que revoluciona el mundo empresarial

The Six Sigma Way: How to Maximize the Impact of Your Change and Improvement Efforts, 2/E.