Author Archives: greg

#238 – CONUNDRUM: GLOBAL WARMING – ELECTRIC DEMAND – GEARY SIKICH

Featured

Posted on by
Reply

We hear so much about global warming, climate change and disruptive weather these days.  It is often difficult to understand what is fact, truth and valid from hype, hysteria, and hyperbole.  Should we all be driving electric cars, not eating as much meat, using wind and solar; redefining our lives?  Or, should we forget about it and continue doing what we have been doing since the early days of the industrial revolution?  Continue reading →

#238 – COULD THE CARNIVORE DIET POSSIBLY BE HEALTHY? – ALLEN TAYLOR

Featured

Posted on by
Reply

Are you tired of counting calories or juggling the percentages of carbs, fats, and proteins that you consume in an effort to improve your health? You can discard all that bother by adopting the carnivore diet, which is simplicity itself. Eat nothing but meat, preferably fatty beef, and drink nothing but water. Don’t worry about sticking to a schedule for meals. Just eat whenever you are hungry, and keep on eating until you feel full. No need to worry about measuring servings. Continue reading →

#238 – THE INDUSTRY 4.0 ADVANTAGE – DANIEL BURRUS

Featured

Posted on by
Reply

When the word “industry” is used in conversation, the picture painted in most minds is a gritty shop floor and blue-collar individuals on an assembly line.

While this visceral image is still true to some degree, when you add the term “4.0” after the word “industry,” newfound interest perks in the minds of both white-collar and digital technology professionals. Simultaneously, fear looms in the hearts of those blue-collar workers accustomed to that initial visual of what industry means. They think instantly of job loss, robots, and artificial intelligence (A.I.) deleting them from the equation. Continue reading →

#238 – CALCULATING THE PROBABILITY OF A SAMPLE CONTAINING BAD PARTS – FRED SCHENKELBERG

Featured

Posted on by
Reply

Received a question from a reader this morning that will make a nice tutorial.

A box contains 27 black and 3 red balls.  A random sample of 5 balls is drawn without replacement.  What is the probability that the sample contains one red ball?

So here’s my thinking and two ways to solve this problem. Instead of red and black balls in an urn type problem, which is pretty abstract, let’s say we know 3 bad parts are in a bin of 30 total parts. Continue reading →

#238 – ISO 31000:2018 CERTIFICATION: NEXT BIG THING – GREG HUTCHINS

Featured

Posted on by
Reply

ISO 31000:2018 is the world’s foremost risk management standard.  The Standard provides guidelines, principles, framework, and a process for managing risk.

The standard explicitly states that it should NOT be used for certification or registration.  But, it is.

So, what’s going on?  We can only speculate.  But, here goes: Continue reading →