Six Sigma Statistical Framework | Despite the fact that knowledge of statistics is not the main point of the concept of “Six Sigma”, the name came from the subject of statistics. Any process can be represented in the form of a mathematical model. Where the main parameters of the result of the process are the […]
At the end of the zero years, a new methodology spread in technical analysis, which did not depend so much on the subjective interpretation of trends, which is the key method of the traditional technique of analyzing graphs. These techniques, known as statistical or computer trading methods as well as filtering techniques, involve tracking non-subjective
Pareto chart analysis is statistical methodology to prioritize any task from number of activities that may produce significant overall effect. It is also calls 80/20 rule – Mean focus on 20% prioritized works may give you 80% of the benefits. Actually there is even a mathematical expression for it, which known as the 80/20 rule.
When any serious problems arise in your production areas, then we have been told here, what you should do to solve those problems. The aim should never be only to find and eliminate the problems, one should go to the root of those problems and find out their main reasons. And the solution to eliminate
Failure Modes and Effects Analysis (FMEA) is a procedure executed in operations management for analyzing the potential failure modes within a specific system and their severity or determining the effect of such failures on the system (Effects Analysis). Failure modes are the errors or defects – actual or potential – that occur in a design, process,
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SIPOC (Suppliers-Inputs-Process-Output-Customers) is basically a diagram – a tool used in Six Sigma methodology. Of late, it has been the focus of many inquiries and discussions. It is explained in detail in the following paragraphs. Before a process improvement project begins, the team uses the SIPOC diagram for identifying all the relevant elements of it. This
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Method 5 Why [Asking five time “Why?”] perhaps the simplest among the variety of ideas born by Toyota. But at the same time incredibly strong. And besides, it is very famous. Currently, the technique of determining the root cause of a problem with a five-fold “Why” question is used in the concepts of lean manufacturing, Kaizen, 6
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“Statistical process control (SPC) is a Process to determine the appropriate statistical technique to enhance visibility to quality information of product characteristic and process capability. “ What is Statistical process control (SPC)? || Why SPC? || Statistical process control (SPC) Process Flow: Table || Process Control || Variation || Process control chart || Type of data for statistical process control || X – Bar R chart (Average and range
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