Oct 21, 2024 · Key Points Trend analysis is a method of using data to spot patterns for the sake of forecasting future events. There are many tools to conduct trend analysis. Given the proliferation of …

Nov 7, 2018 · Don’t we all strive to eliminate or reduce the probability of a defect or failure ever getting to our customer? Do you want to be proactive in recognising and evaluating potential process failure …

Oct 19, 2024 · What is a SCOT analysis? Find out how this analytical technique takes a closer look at your company's strength and current standing.

Feb 26, 2010 · Six Sigma projects often deal with experiments whose outcomes are ordered categorical data, rather than continuous. It is important to know the right analysis methods for these cases, such …

Nov 7, 2024 · Analytical modeling is a mathematical approach to business analysis that uses complex calculations that often involve numerous variables and factors.

Apr 20, 2023 · A run chart is a time sequenced plotting of process data used to look for obvious trends, patterns and changes in your process over time.

Jan 28, 2025 · The customer just called again, wondering if the item they ordered will be on time. Will it? Do your company’s processes make it possible to be on time per the customer’s needs? To know …

Feb 26, 2010 · Using the analysis of variance (ANOVA) procedure for a Six Sigma project requires assessing results from an ANOVA table, which is not always straightforward. There is an easy way …

Sep 6, 2023 · A box plot is constructed of two parts, a box and a set of whiskers. The lowest point is the minimum value of the data set and the highest point is the maximum value of the data set. The box is …

Oct 15, 2024 · Are you conducting capability analysis tests? Find out how this powerful tool can let you see long-term and short-term forecasts with ease.