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Mukul Kandpal

Lean Six Sigma Black Belt
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Everything posted by Mukul Kandpal

  1. Second approach would be better because in first scenario only initial cost will be low however probability of getting results intially is also only 50%. Post that with every added sample cost will increase (and timeline also increases with each step) and probability of success in each step will remain 50% unless and until final results are achieved. Whereas if we select second option then initial cost might be bit high but probability of getting results is 100% which will save cost and time both. And time becomes more critical depending upon the process. So my answer will be second one.

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