Business StatisticsTaguchi Methods Taguchi Methods, pioneered by Dr. Genichi Taguchi, greatly improves engineering productivity. It is the most powerful method available to reduce product cost, improve quality, and…
Business StatisticsTolerance Interval Tolerance Interval use in manufacturers frequently to detect excessive variation by comparing client requirements to tolerance limits that cover an acceptable proportion of the population.This…
Business StatisticsDesign for Six Sigma Design for Six Sigma (DFSS) is a separate process management methodology related to Six Sigma. While Six Sigma and Lean Six Sigma are used for…
Business StatisticsStochastic Control Stochastic Control is a sub-field of control theory, which deals with the existence of uncertainty either in observations or in the noise that drives the…
Business StatisticsStatistical Process Control This article actually talks about Statistical Process Control (SPC), which is an industry-standard methodology for measuring and controlling quality during the manufacturing process. Quality data…
Business StatisticsProcess Capability Process Capability is the repeatability and consistency of a manufacturing process relative to the customer requirements in terms of specification limits of a product parameter.…
EngineeringProbabilistic Design Probabilistic Design is a simple approach uses a factor of safety – or design factor – which is in reality a factor of ignorance –…
EngineeringPrecision Engineering Precision engineering is now the key science within the manufacturing industry because it actually cuts across all the major disciplines of manufacturing technology. Precision engineering…
Business StatisticsStatistical Significance Statistical significance were developed as a way of providing researchers with the ability to understand if experimental interventions were resulting in real differences or if…
MathematicSignificant Figures Significant figures are arrived at by rounding off an expression after a calculation is executed. In any calculation, the number of significant figures in the…
Business StatisticsObservational Error This article actually describe on Observational Error, which is the difference between a measured value of quantity and its true value. In statistics, an error…
MathematicAbout Probability Probability is a branch of mathematics that deals with calculating the likelihood of a given event’s occurrence, which is expressed as a number between 1…