Grade 8 Personal Finance Lesson 176

Today I looked at some of this course’s highlights. In other words basically I did a review for the whole course. Good habits are saving, keeping up with the news (real news not celebrity gossip) and studying. Bad habits include borrowing, window shopping, using shopping as a pastime and following the crowd. Spend money based on how you earn it. And never forget this earn more than you spend.

Grade 8 Science Lesson 171

Today I learned how systems engineers solve problems. When your shoes are untied you tie them. That is an example of a simple problem. However when your business is getting way to many calls. You could try solving it by treating it like a simple problem. So you train them to take more calls, but that takes people off, you could pay people for overtime but that makes more problems. You see when you try solving a complicated problem by treating it like a simple problem you can end up in an endless loop of new problems that happen. That happens because every time you try to solve the current problem you create a new problem.

To help end this Dr. Shoji Shiba defined 7 step problem solving. The first step is definition. What is the problem? If there are multiple problems pick the worst one. Don’t move on until you have identified the problem. Step two is data collection. Collect data about the problem. Step three is cause analysis. Look at the data and determine why you got this problem. Step four is solution planning and implementation. This step will take more time than the others. As you have to take the problem and find a way to solve it. Step five is evaluation of effect. Basically ask “Did it work?”. Step six is standardization. Now that we’ve worked so hard finding a solution let’s try to use it wherever we can. Step seven is an evaluation of the process. Basically ask yourself or your group “How did we do at solving this problem?”, “What should we do again if we face another problem?”.