It’s usually not a good idea to rely solely on a single statistic to draw conclusions about your process. Do that, and you could fall into the clutches of the “duck-rabbit” illusion shown...
SMED - SINGLE MINUTE EXCHANGE OF DIES CAPA - CORRECTIVE AND PREVENTIVE ACTION DFSS - DESIGN FOR SIX SIGMA VSM - VALUE STREAM MAPPING SIPOC - SUPPLIER INPUT PROCESS OUTPUT CUSTOMER VOC - VOICE OF CUSTOMER CTQ...
All of the 'Belts' play various roles in the Six Sigma project. Green Belts and Black Belts are allowed to commence, expand and lead projects in their functional areas. i. Project Implementation: Green...
What Is Monte Carlo Simulation? The Monte Carlo method uses repeated random sampling to generate simulated data to use with a mathematical model. This model often comes from a statistical analysis, such...
Transportation Needless movement of work between areas of work via transport media Inventory More materials or information on hand than is currently required. Motion Needless movement of people or...