Taguchi Methods
Business Statistics

Taguchi 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…
Tolerance Interval
Business Statistics

Tolerance 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…
Design for Six Sigma
Business Statistics

Design 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…
Stochastic Control
Business Statistics

Stochastic 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…
Statistical Process Control
Business Statistics

Statistical 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…
Process Capability
Business Statistics

Process 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.…
Probabilistic Design
Engineering

Probabilistic Design

Probabilistic Design is a simple approach uses a factor of safety – or design factor – which is in reality a factor of ignorance –…
Precision Engineering
Engineering

Precision 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…
Statistical Significance
Business Statistics

Statistical 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…
Significant Figures
Mathematic

Significant 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…
Observational Error
Business Statistics

Observational 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…
About Probability
Mathematic

About 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…
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