Six sigma provides a methodology for problem solving by using project management tools systematically. The primary aim of six sigma applications is minimizing defects. Minimizing defects will ensure the outputs and customers' satisfaction increase and the costs decrease. However, the number of the ...
The company put two of its Lean Six Sigma Black Belts on a project to reduce the variation of the process. Further, they were able to narrow the process distribution and pull both ends into spec. The project was successful, and the CPwas now calculated as 1.74. ...
You’re likely going to be looking at Cpk and Sigma Level when viewing your production line. As such, understanding how they inter-relate and differ is key. Further, you might need some extra help with your data analysis. If you don’t understand the differences between categorical and ...
How Do You Reduce Cycle Time? Several steps can be taken to reduce cycle time. These are best practices in most continuous improvement initiatives and are found in Lean and Six Sigma methodologies: Begin a Process Map A process map manually plots the workflow of a part or finished good throu...
Books Surveying the User Experience Benchmarking the User Experience Customer Analytics For Dummies Quantifying The User Experience: Practical Statistics For User Research
1. How is risk-adjusted return different from regular return? Risk-adjusted return differs from regular return by considering the level of risk or volatility associated with an investment. Regular return measures the gain or loss on an investment, while risk-adjusted return considers the level of...
Muddassir is a Six Sigma black belt and founded the leading supply chain platform SCMDOJO to enable supply chain professionals and teams to thrive by providing best-in-class knowledge content, tools and access to experts. You can follow him on LinkedIn, Facebook, Twitter or Instagram. Tags: ...
Find the critical z-score value for the 90% confidence level. Find the critical z-score value for the 80% confidence level. Find the critical z-score value for the 99% confidence level. Which of the following z-score values represents the location far...
Stress in this context is the ratio of force to area F/A, which appears on the right-side of the length change equation above. It is sometimes denoted by σ (the Greek letter sigma). Strain, on the other hand, is the ratio of the change in length ΔL to its origina...
RTY is one of the 10 most common metrics used in Six Sigma approaches. Six Sigma helps organizations understand their processes, identify which areas that need to be optimized and how, and facilitate the implementation of process-refinement strategies to improve business outcomes. ...